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Strategies & Market Trends : Value Investing

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Lance Bredvold

petal

To: JohnyP who wrote (66467)	2/9/2021 3:16:10 AM
From: bruwin	2 Recommendations Read Replies (1) of 78702

Ok, so here's SIMO's 2020 Annual numbers from Yahoo. These are the latest I could find. Maybe you have a more recent report for their Annual numbers. So your forward prediction for 2023 is a Gross profit of $490 mil. ..... that's in 3 years time. So what's that in and Annual Compounded Rate ? ...... 490 = 260 (1+r/100)^3 (490/260)^0.333 = 1 + r/100 So r = ~23.5% The same order of magnitude "r" percentage value would be obtained if you based it on a current Net Sales of ~$539.5 mil. and your predicted $1 bil. in 3 years. So are you expecting SIMO's Net Annual Sales and its concomitant Gross Margin to increase by an ANNUAL COMPOUNDED RATE of close to 24%, bearing in mind that in the previous 3 years SIMO only managed a rate of (260.2/251.2)^0.333 = 1.2% ?? IMO, that would be "some going".

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