Chapter 608 (1/2)
As a pioneering new Internet technology company, igritte has never had a corresponding case in the past. Therefore, when the financial report is published, the media generally evaluate the market value of igrit according to the profit margins of software companies such as Microsoft and Oracle.
As we all know, the net profit margin of the software industry can generally reach more than 20%.
The annual revenue of igritte company is 5.41 billion US dollars. According to the theoretical 20% net profit, it means that the company has a potential profitability of 1 billion US dollars.
In the past three years, only about 20 of the top 500 companies in the United States had net profits of 1 billion US dollars.
Considering that in 1993, igrit still maintained a revenue growth rate as high as 179%, if the company goes public, the price earnings ratio of 30 times is already very conservative, even if the IPO is carried out according to the price earnings ratio of 50 times is more than enough.
The potential profitability of US $1 billion and the P / E ratio of 30 to 50 times mean that the market value of igritte is between us $30 billion and US $50 billion. Whether the media concerned about the 1993 financial report of igritte or the Wall Street financial giants, the company's valuation is generally within this range.
The estimated market value of 30 billion to 50 billion US dollars, taking the median value of 40 billion US dollars, Simon's 90% shareholding in igritte has reached 36 billion US dollars.
Simon's shares in Cisco and AOL, on the other hand, were worth $65.9 billion at the close of March 7.
As a result, just holding shares in Cisco, AOL and igritte brought Simon more than $100 billion in personal wealth.
100 billion dollars!
That's close to Simon's $120 billion net worth on the Forbes list last year.
However, the three companies are far from all of the westero system.
Just in the field of technology, Simon is still a major shareholder of Microsoft, Intel, sun, Oracle and other enterprises, and absolutely controls Verizon Telecom and Nokia, two giants in the field of electronic communication.
The other three of the four women, Denise, melisandro and cersei, are all shining in their respective fields.
In addition, there are hundreds of other types of companies directly or indirectly invested or controlled by the whole westero system. No one can guarantee whether these enterprises will suddenly transform into giants like Cisco, AOL and igrit one day.
According to Simon westero's investment vision, which has been proved many times, this is almost inevitable.
So, what's the value of Simon westero's personal assets in all other fields besides $100 billion?
From Denise entertainment.
The comprehensive entertainment giant, which will formally submit its IPO application next month, is estimated to have an IPO value of $40 billion. With Denise Entertainment's strong position in Hollywood, its market value after listing is certainly high.
Simon westero still owns 100% of danielis entertainment, which is directly $40 billion.
The other two women, cersei capital, if the estimated value is only part of the equity belonging to Westeros, the total value is enough to reach 10 billion level.
Another $10 billion.
After several years of rapid growth and continuous expansion, melisandro, a comprehensive luxury giant that has been rooted in Europe and does not have a strong sense of existence in North America, has also entered the market value threshold of 10 billion US dollars by relying on a series of brands such as Gucci, CK, lato, Christie's and van cletta.
Another 10 billion dollars.
Nokia, which will release its 1993 results later in March, has a market value of 8.6 billion pounds, or 13.3 billion dollars, in London on March 7. Westero's current stake in Nokia is 78.3%, with a total value of $10.4 billion.
It's still 10 billion dollars.
Verizon Telecom, which is wholly owned by Westeros, relies on the strong expansion of the mobile communication field. Referring to the general sharp rise in the share prices of telecom enterprises in recent two years, its market value is conservatively estimated to have reached US $15 billion.
That's 15 billion dollars.
In addition, Microsoft and Intel are catching up with Cisco, AOL and igritte in the North American technology stock market. Due to various equity changes, westero's shareholding in Microsoft and Intel dropped slightly to 20.7% and 14.5% respectively.
The market capitalization of the two companies on March 7 was $43.1 billion and $32.9 billion respectively, with Simon holding a total value of $13.7 billion.
As a result, danelis, melisandro, cersei, Verizon, Nokia, Microsoft and Intel are conservatively estimated to have contributed nearly $100 billion to Simon.
All in all, it's 200 billion dollars.