Hello,
Fundamental analysis is still new to me.
I recently started calculating the DCFs of companies.
One company I noticed with a very high DCF value when compared to its price is Manappuram Finance.
Why has this company's share price dropped in value since November 2010? Was its price over its intrinsic value in November 2010 or was there some major fundamental reason for the price drop from 90 INR to 10 INR.
Edit: I just saw that free cash flow was negative in 2011 and 2012, I guess this stock may be only worthwhile to look at if 2014 free cash flow stays positive.
Fundamental analysis is still new to me.
I recently started calculating the DCFs of companies.
One company I noticed with a very high DCF value when compared to its price is Manappuram Finance.
Why has this company's share price dropped in value since November 2010? Was its price over its intrinsic value in November 2010 or was there some major fundamental reason for the price drop from 90 INR to 10 INR.
Edit: I just saw that free cash flow was negative in 2011 and 2012, I guess this stock may be only worthwhile to look at if 2014 free cash flow stays positive.