2 ms·
Here is math for people wondering about price of Yahoo: Y! market cap is $36.38b. Have in mind that Y! is selling only its core biz so we would have to subtrac
by Ping938 10y ago
Here is math for people wondering about price of Yahoo:
Y! market cap is $36.38b. Have in mind that Y! is selling only its core biz so we would have to subtract values of Y! shares in Alibaba and Y!Japan, which are worth $33.74b and $8.56b respectively. However thats pre-tax and Y! could not get that money for them. There for adjusted values (-38% tax)are $21b and $5.4b again respectively. There are also cash & marketable securities worth $6.8b and convertible debt of $1.4b.
So final math looks like this:
$36.38b-$21b-$5.4b-$6.38b-(-$1.4b)=$5b
- profeta 10y agowhy do people keep bringing up the alibaba and other assets when discussing the market cap? this is like buying someone body shop, looking at the body shop revenue, and then subtracting the price of the current owner paid-for porsche.
- mywittyname 10y agoBecause Yahoo owns $30B+ worth of Alibaba stock. To use your analogy, it's like buying a body shop, but subtracting the $10,000,000 in real estate they own because it's not included in the sale.
- martinza 10y agoSpot on. Only thing missed was potential price of the patents (which arguably that price will pay for core sale taxes). Only real bet on yahoo stock right now is whether the board can avoid some of those taxes on an alibaba or yahoo Japan sale.