VGStockz: General Questions

[Ail]

happydolphin said:

Ail said:

By market cap I market capitalization, the current value of the company ( price of the stock time number of stocks = 19 billion $ ).

What you it would costs you to buy Nintendo if you purchased every stock in circulation at the current price...

 

Oh, ok thanks. Thought you meant cap as in upper limit.

So that's basically what the company is worth.

 

Right now Nintendo stock is still priced like a company expected to make 1.5 billion$ or so /year ( market cap is 19 billion). So they are going to have to increase earnings significantly..

Interested in how you got these estimates, is there a public ranking chart of sorts online?

Standard accepted P/E are around 13-15 so I came up with that earnings numbers by dividing the market cap by 13.

You can find the market cap of most companies on any financial web site, with a grain of salt, most of the info is not up to date for foreign companie with low trade volume in the US..( because to get accurate you have to actually use the stock price on the Nikkei and factor the yen/dollar change)...

Fidelity has Nintendo at 19.1 billion$, CNNMoney at 20.5 billion$...

 

Fidelity has very bearish rating on Nintendo too...( Star Mine rating of 0.1 , it can't be worse ..). Although to be honest Nintendo is not a company on which they have a lot of coverage due to the low volume of US trade...