Friday, June 19, 2009

Club Mahindra IPO Valuation

Published Data from Mahindra Holidays' advertisement in a News Paper:




IPO Band

Market
Cap

P/E

Price/Net
Asset Value

MCap/
Sales

MCap (/)
Member

MCap/ASF
paying Member

@275'

2316 Cr

26.99

11.00

5.89

2.4Lakh

4.32Lakh

@325'

2737 Cr

31.89

13.01

6.96

2.85Lakh

5.10Lakh




# ASF (Annual subscription Fee) paying Member count = ASF income/average ASF
Average ASF Value source : Moneycontrol.com

Note:
While calculating these numbers equity dilution is not considered, if any!
These calculations are indicative only.
This is not an investment advice so readers should make their own conclusions.


Related post:
Before considering Club Mahindra Membership : My personal advice
What are you paying for your Timeshare Membership?
MahindraHolidays Spend ~30% of their Yearly Income..

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