Unformatted text preview: company? Judging from the extreme variation in the valuation of the Flowserve Corp in the previous years, it is very hard for this assignment to give an accurate valuation of the company, seeing as throughout the year of 2009 (where the majority of this data comes from), the price had increased from the dramatic fall in 2008 from around $55 up to $105. In that respect, the Price/Book ratio for 2009 would have been the most accurate form of measurement, but currently undervalues the company. The reason for significance in the increase in the company valuation is the steep increase in expected sales, which can be seen in the forecasted average growth, and the regression sales. Which companies are the most comparable to your company? The closest matched company comparable is for, Sulzer AG with its average price calculated to be $120.40....
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This note was uploaded on 09/07/2011 for the course BMGT 340 taught by Professor White during the Spring '08 term at Maryland.
- Spring '08