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TPC 2001 entry price multiples, Q3 2001

Q3 2001

EstimateOur model or estimate. Treat it as an order of magnitude.

The values

  • PE year to February 2001: 16.3–17.7
  • PB year to February 2001 book: 4.4–4.8
  • PB year to February 2002 book: 2.2–2.4

Where it comes from

Our calculation from other figures in the trainer’s notes.

Show the working
  1. $24.2m × assumed ¥115–125/$ (UNSOURCED) = ¥2,783–3,025m vs FY2/01 NI 170.69, FY2/01 book 636.5 (capital 360 per step history) and FY2/02 book 1,254.7 (plug-based)
  2. 4Kids paid a premium on entry and ex