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How does this work?

A valuation is an assessment of the value of one share in a company, it is not necessarily the same as the price listed in the sharemarket. You can use a variety of methods to value a company, Valuecruncher uses Discounted Cash Flow (DCF) analysis to help people create the valuations you see below.

Valuecruncher Valuation

Dollar1Point65
Arrow_up_green106.25% from latest share price

Your Valuation


Valuation Compared to price Member Created Views
$1.65 Arrow_up_green106.25% Valuecruncher 23 Nov 2008 0
$1.11 Arrow_down_red0.0% NZXCrunchBlog 21 Oct 2008 30
$1.07 Arrow_up_green1.9% KiwiEMH 14 Oct 2008 17
$1.36 Arrow_up_green4.62% KiwiEMH 03 Oct 2008 15
$1.62 Arrow_up_green0.62% KiwiEMH 26 Aug 2008 23
$2.01 Arrow_up_green28.85% selliott 24 Aug 2008 25
$1.73 Arrow_down_red-4.95% KiwiEMH 15 May 2008 50
$1.85 Arrow_up_green1.65% KiwiEMH 07 May 2008 41
$1.60 Arrow_down_red-12.09% GordonGekko 25 Apr 2008 39

Recent Comments


Running The Numbers – Pumpkin Patch (PPL.NZ)

This valuation is part of this blog post:

http://blog.valuecruncher.com/2008/10/running-the-numbers-pumpkin-patch-pplnz/

Assumptions

Revenue: Reuters aggregates seven analysts covering PPL.NZ and these analysts have mean estimates of 2009 revenues of NZ$441 million. For our analysis we have used NZ$425 million in 2009, NZ$450 million in 2010 and NZ$485 million in 2011.

Profitability: We have used an EBITDA margin of 12% in 2009 rising to 13% in 2011. Reuters has PPL.NZ‘s EBITD margin at 10.91% last year with a five-year average of 14.76%.

Capital Expenditure: We have assumed capital expenditures of NZ$18 million in 2009 rising to NZ$35 million in 2011 and then NZ$30 million beyond that.

Discount Rate: 11.0%. The PwC New Zealand cost of capital report [LINK] has PPL.NZ at a WACC of 13.5% with the wider NZ market at 9.5%. We feel that 13.5% is too high.

Terminal Growth Rate: 4.5%.

Our analysis incorporates the cash and debt the PPL.NZ balance sheet – Valuecruncher calculates a net debt number.

By TheCrunchBlog, on the valuation by NZXCrunchBlog, about 1 month ago


WACC

WACC at 14.0% per PwC Cost of Capital report.

By GordonGekko, on the valuation by GordonGekko, 7 months ago


Latest Share Price: $0.80
Updated: 1 hour ago
Ticker: PPL
Market: NZE