SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Madharry who wrote (37982)5/22/2010 2:34:31 AM
From: Paul Senior  Read Replies (1) of 78467
 
GS: "GS is absurdly cheap when you consider that they have billions under management..." I'm seeing $840B for assets under management (last q report), and a GS market cap of $72B. Can't determine enterprise value from Yahoo's numbers -- there's so much cash (pass-through stuff?) on the balance sheet apparently. Anyway, aum/mkt cap = .086 = 8.6%, which to me seems high, although perhaps not out of line for these financial conglomerates (vs. pure asset managers).

I like GS for its brain power, its m&a strength, and its seeming to be a "go to" company when large businesses want or need to do deals, restructurings, etc. I also like its growth as measured by growth in stated bv. Negatives are the complexity of the businesses and GS's bruised (or worse) reputation. Further, the difficulty in assessing what affect the government regs will have on GS. Plus perhaps also should be considered Spekulatius's point--assessing how or if GS will sustain profits when interest rates increase on GS's borrowed monies.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News