Wednesday, September 30, 2020

Ewpple Chart | Berkshire Hathaway Inc (BRK.B)

More analysis - www.ewpple.com

Berkshire Hathaway Inc (BRK.B)

Fun Fact
  1. Buffett bought Berkshire Hathaway so he could fire its CEO.
  2. Buffett insists on having at least USD 20B in cash on Berkshire's balance sheet at any given time.
  3. Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities.
  4. BRK is a constituent stock of the S&P 500 index.
  5. BRK.B (Class B) is 1/1,500 the price of BRK.A (Class A) stock.
Stock Valuation (TTM 12 Months to Jun 20)

Price | USD 210.44.
Market Capitalization | USD 510B vs Enterprise Value (EV) USD 584B.
Price /Earnings (PE) | 23X. Consider cheap vs S&P average PE of 29X.
Price /Book (PB) | 1.3X. Very cheap vs S&P average PB of 3.8X.
Dividend Yield (DY) | Nil. BRK does not pay dividends vs average DY of S&P 1.8%.
Net Income | USD 22B (+122%).
Net Margin | 27%. This is higher than 67% of the Insurance industry.
Interest Coverage | 36X. Good but still is lower than 61% of the Insurance industry.

Technical Analysis

Long Term Trend | Up.
Short Term Trend | Downtrend with the possibility of an upturn.
Support Line | USD 204.
Resistance Line | USD 217 & next resistance USD 232.
Stochastic | Turned upwards into the neutral zone.

Analyst Consensus

Target Price | USD 225.48.
Call | 2 BUY & 4 HOLD call

Conclusion

BRK is fundamentally strong & valuation cheap. Fine for long term investor. Chart-wise, short term trend might be turning up and stochastic indicator supported this view. Aggressive short term investor can consider this stock.

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