Subject: Re: Pfizer PFE at 34.30
First post on this board!
Pfizer is one that's come up on my radar that I'm looking at and at 52 week lows.
High level
ROE 23
ROI 15
Manageable borrowings.
Looking at the last 3 years earnings estimate a solid base level of c$3.5 dollars per share.
10% growth for 10 years and a terminal multiple of 18 PE equates to 9.08 EPS x 18 = $163. Seeking a 12% return equates to a current present value of $52 per share. With a current share price of $34 that's a 34% discount.
Pretty solid buy IMO.