BNET Business Dictionary
Business Definition for: Tangible Book Value
- the book value of a company after intangible assets, patents, trademarks, and the value of research and development have been subtracted
Additional Resources
- Cobra Electronics: Brand Equity, Discount to Tangible Book Value
- Tom Armistead submits: Cobra Electronics COBR is another book value play, in this case in Consumer Electronics, where the stock trades at a fraction of tangible book, but you have a real business with real earnings. Cobra makes radar detectors, CB radios, two way radios, power inverters, and other communication...
- External links 2008-12-09
- Financials: Why Doesn't Sell-Side Realize the Value?
- Tom Brown submits: Take a look at the following, which appears in the valuation section of a sell-side report out last week on Fifth Third Bancorp FITB, initiating coverage with a “Market Perform” rating. [W]e have opted for a price-to-tangible book value methodology, in...
- External links 2009-10-06
- Arkansans find gold on coast: proposed sale of Destin Bank set at whopping 5.7 times book
- A$115 MILLION PAYDAY is in the works for a group of Florida bank investors led by a trio with Arkansas roots. The proposed deal to sell Destin Bancshares Inc. to Whitney Holding Corp. of New Orleans tips the scales at a whopping 5.7 times tangible book value and 28.7...
- Research articles 2004-12-06
- Lehman Brothers Preliminary F3Q08 Earnings Call Transcript
- Question-and-Answer Session Operator Operator Instructions Our first question comes from Glenn Schorr. Glenn Schorr - UBS Okay, so a lot of moving parts but I’ll try to stay focused on the key issues of the commercial real estate spin, the current marks, and Lehman’s capital position after,...
- Earnings calls 2008-09-11
- Valero, Tesoro: Margin of Security in Refinery Assets
- Tom Armistead submits: Shares of refiners Valero Energy VLO and Tesoro Corp TSO have tanked badly over the past few months, falling 60% and 77% respectively from their 52 week highs. Crack spreads were squeezed as oil prices skyrocketed and consumers dug in their heels on gas prices. They are...
- External links 2008-08-19
- The Bank of New York Mellon Corporation Q3 FY07 Earnings Call Transcript
- Question-and-Answer SessionOperator Thank you. [Operator Instructions]. Our first question comes from Glenn Schorr with UBS. Please go ahead. Glenn Schorr - UBS Hey guys. Robert P. Kelly - Chief Executive Officer Good morning Glenn. Glenn Schorr - UBS so I guess it's...
- Earnings calls 2007-10-18
- Some Observations from Whitney Interview
- David Enke submits: Meredith Whitney was recently on CNBC the video is provided below discussing the banks and financials. Some observations from the interview include: This will be a tactical quarter for the banks. She has a bullish call...
- External links 2009-07-14
- Herbalife Seems Undervalued
- Roger Theunissen submits: Herbalife HLF seems to me a good stock in a promising industry. The Margin of Safety MoS for this stock is not as big as for some other stocks, but I think there is some. A thorough look at the statements is definitely needed for this stock....
- External links 2009-05-01
- ACE Limited Q3 2007 Earnings Call Transcript
- Question-and-Answer Session Operator Ladies and gentlemen our question and answer session is conducted electronically. [Operator Instructions]. We will go first to Josh Smith with CREF. Josh Smith - TIAA-CREF Hello, can you hear me? Evan G. Greenberg - Chairman and Chief Executive Officer...
- Earnings calls 2007-10-24
- First Merchants Corp. Q4 2008 Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions. Our first question comes from Brian Hagler of Kennedy Capital. Brian Hagler – Kennedy Capital Hi, good afternoon. Mark Hardwick Good afternoon, Brian. Brian Hagler – Kennedy Capital Mark, I think you said that your tangible common equity ratio was 5%. Just wanted to get...
- Earnings calls 2009-02-05
- Towerstream Trading Below Cash
- Asif Suria submits: The 12% surge in the Dow over three trading sessions was certainly welcome but has hardly alleviated the level of anxiety felt by most investors as it could easily turn out to be a bear market rally. It is interesting to see from the adjacent table...
- External links 2008-12-01
- Annaly Capital: Getting Your Slice of the Bail-Out Pie
- Benjamin Mackovak submits: Annaly Capital NLY offers investors a way to profit from the government’s intervention in Freddie FRE and Fannie FNM as well as from the various other bail-outs. NLY is a REIT whose principal business objective is to generate net income for distribution to investors from the spread...
- External links 2008-12-11
- Down 45%, Buffett and Berkshire Hathaway Are On Sale
- Chad Brand submits: About a year ago, I commented on an article that appeared in Barron's which argued that Warren Buffett's Berkshire Hathaway (BRK.A) was overvalued. In my post, entitled Barron's Pans Buffett's Berkshire, I agreed with the article that Berkshire Hathaway stock looked overvalued. A lot has changed...
- External links 2008-11-19
- White River Capital, Inc. Announces Results for 2007
- * Net Income for the Fourth Quarter of 2007 Totaled $1.6 million * Net Income for 2007 Totaled $11.8 million * Book Value per Share $29.35; Tangible Book Value per Share $20.36 INDIANAPOLIS -- White River Capital, Inc. (AMEX: RVR) ("White River") today announced net income for...
- Research articles 2008-03-03
- White River Capital, Inc. Announces Results for the First Quarter 2008
- * Net Income for the First Quarter of 2008 Totaled $3.7 million * Book Value per Share $29.60; Tangible Book Value per Share $20.67 INDIANAPOLIS -- White River Capital, Inc. (AMEX: RVR) ("White River") today announced net income for the first quarter 2008 was $3.7 million ($0.95 per...
- Research articles 2008-04-29
- White River Capital, Inc. Announces Results for the Second Quarter 2008
- * Net Income for the Second Quarter of 2008 Totaled $1.5 million * Book Value per Share $29.69; Tangible Book Value per Share $20.77 INDIANAPOLIS -- White River Capital, Inc. (AMEX: RVR) ("White River") today announced net income for the second quarter 2008 was $1.5 million ($0.38 per...
- Research articles 2008-08-05
- Dumpster Diving at Office Depot
- Tom Armistead submits: Office Depot ODP is a book value play: trading today just over 1.00, tangible book value comes in at 4.69 per share. The company is coming off several poor years, with heavy write-offs in the 4th quarter 2008, leading to a loss of 5.42,...
- External links 2009-03-12
- Annals of Research Transparency, JP Morgan / MBIA Edition
- Felix Salmon submits: According to MBIA’s latest quarterly report, the insurer has a book value of $2.8 billion, or about $13 per share. JP Morgan JPM analysts Andrew Wessel and Daniel Kim beg to disagree, quite violently: in a note issued this morning they said that MBIA’s tangible book...
- External links 2009-08-11
- Commercial Capital Bancorp, Inc. Announces Record Third Quarter Earnings of $0.32 Per Share on Net Income of $18.0 Million
- IRVINE, Calif. -- Commercial Capital Bancorp, Inc. (NASDAQ:CCBI): --EPS grows 88% from Third Quarter of 2003, and 14% from Second Quarter of 2004 --Tangible Book Value per Share Grows 62% from September 30, 2003, and 9% from June 30, 2004 --Company Increases Cash Dividend 25% to $0.05...
- Research articles 2004-10-25
- Clorox Corp.: A Stable, Four Star-Buy
- Dividends4Life submits: Linked here is a PDF copy of my detailed analysis of Clorox Co. CLX (alt.1, alt.2). Below are some highlights from the above linked analysis:Company Description: The Clorox Company is a manufacturer and marketer of consumer products. The Company markets brand names, including Clorox bleach, Armor All,...
- External links 2008-12-17
