Given the information below for HooYah! Corporation, compute the expected share price at the end of 2020 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2020. (Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual PE and P/CFPS ratios from the average PE and average P/CFPS ratio calculations. When computing annual growth rates, use a positive sign on the annual rate of change if the per share value increased in value and use a negative sign on the annual rate of change if the per share value deceased in value.) Year 2015 2016 2017 2014 $22.00 $ 58.50 2018 $97.00 2019 $ 27.50 Price $130.00 $207.00 -.47 EPS -6.00 -5.29 -1.80 .04 .06 CFPS -13.00 -10.50 -2.80 -.05 .38 .08 SPS 19.00 27.50 25.10 28.60 32.10 35.95 Using PE ratio Using P/CF ratio Using P/S ratio Share Price
Given the information below for HooYah! Corporation, compute the expected share price at the end of 2020 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2020. (Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual PE and P/CFPS ratios from the average PE and average P/CFPS ratio calculations. When computing annual growth rates, use a positive sign on the annual rate of change if the per share value increased in value and use a negative sign on the annual rate of change if the per share value deceased in value.) Year 2015 2016 2017 2014 $22.00 $ 58.50 2018 $97.00 2019 $ 27.50 Price $130.00 $207.00 -.47 EPS -6.00 -5.29 -1.80 .04 .06 CFPS -13.00 -10.50 -2.80 -.05 .38 .08 SPS 19.00 27.50 25.10 28.60 32.10 35.95 Using PE ratio Using P/CF ratio Using P/S ratio Share Price
Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
Problem 8MC: Use the extended DuPont equation to provide a breakdown of Computrons projected return on equity....
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What is the answer for the P/CF ratio? (It is not 78.10)
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