Will, I've been doing some research on Brooks and the stock looks incredibly cheap right now for someone that has the patience to weather out the current semiconductor slump. I got the following figures from the stocksheet.com website as of March 31, 1998.
stocksheet.com
Brooks Automation Inc.
Book Value/Shr........$12.89
Total Assets...........$145,800,000
Total Liabilities.......$15,500,000
Stock Holder Equity..$130,400,000
Cash & Equivalents...$65,500,000 / 10,111,000 shares = $6.48 per/share
Short Term Debt......$200,000
Long Term Debt.......$100,000
Current Stock Price..$11.50
Can someone confirm my cash per share figure as I just took the cash & equivalents and divided by the number of shares outstanding.
If you take the book value of $12.89 and add in the $6.48 cash per share you get $19.37. At the current price of $11.50 and taking into account the large amount of cash and lack of significant debt, this company looks particularly well positioned to weather the current downturn in the semiconductor industry. |
