CKX Lands, Inc. (CKX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
CKX Lands, Inc. (CKX) stock price & volume — 10-year historical chart
CKX Lands, Inc. (CKX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
CKX Lands, Inc. (CKX) competitors in Mineral and royalty interest owners — business model, growth, and fundamentals comparison
CKX Lands, Inc. (CKX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CKX Lands, Inc. (CKX) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 863.4K | 1.14M | 1.19M | 811.27K | 671.94K | 744.54K | 1.11M | 1.49M | 1.52M | 897.33K |
| Revenue Growth % | -18.71% | 32.57% | 4.38% | -32.1% | -17.17% | 10.8% | 48.48% | 34.38% | 2.39% | -55.82% |
| Cost of Goods Sold | 62.04K | 143.13K | 134.53K | 81.62K | 42.24K | 55.4K | 91.29K | 63.47K | 69.61K | 54.32K |
| COGS % of Revenue | 7.19% | 12.5% | 11.26% | 10.06% | 6.29% | 7.44% | 8.26% | 4.27% | 4.58% | - |
| Gross Profit | 801.36K▲ 0% | 1M▲ 25.0% | 1.06M▲ 5.9% | 729.65K▼ 31.2% | 629.7K▼ 13.7% | 689.15K▲ 9.4% | 1.01M▲ 47.2% | 1.42M▲ 40.2% | 1.45M▲ 2.1% | 843.01K▲ 0% |
| Gross Margin % | 92.81% | 87.5% | 88.74% | 89.94% | 93.71% | 92.56% | 91.74% | 95.73% | 95.42% | 93.95% |
| Gross Profit Growth % | -18.19% | 24.97% | 5.87% | -31.18% | -13.7% | 9.44% | 47.17% | 40.22% | 2.07% | - |
| Operating Expenses | 614K | 495.04K | 573.53K | 538.04K | 250.65K | -374.16K | 2.86M | 1.3M | 1.33M | 533.44K |
| OpEx % of Revenue | 71.11% | 43.25% | 48% | 66.32% | 37.3% | -50.25% | 258.41% | 87.53% | 87.73% | - |
| Selling, General & Admin | 614K | 495.04K | 573.53K | 618.92K | 605.22K | 651.57K | 2.88M | 1.45M | 1.42M | 735.3K |
| SG&A % of Revenue | 71.11% | 43.25% | 48% | 76.29% | 90.07% | 87.51% | 260.13% | 97.62% | 93.36% | - |
| Research & Development | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | 0% | 0% | 0% | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | -80.88K | -354.58K | -1.03M | -18.97K | -149.99K | -85.64K | -201.86K |
| Operating Income | 187.36K▲ 0% | 541.13K▲ 188.8% | 1.37M▲ 152.9% | 191.61K▼ 86.0% | 379.05K▲ 97.8% | 1.06M▲ 180.5% | -1.84M▼ 273.3% | 121.82K▲ 106.6% | 116.99K▼ 4.0% | 309.57K▲ 0% |
| Operating Margin % | 21.7% | 47.28% | 114.53% | 23.62% | 56.41% | 142.81% | -166.67% | 8.2% | 7.69% | 34.5% |
| Operating Income Growth % | -71.21% | 188.82% | 152.87% | -86% | 97.83% | 180.52% | -273.28% | 106.61% | -3.97% | - |
| EBITDA | 863.4K | 1.18M | 2.08M | 193.97K | 382.33K | 1.07M | -1.84M | 126.77K | 121.34K | 313.06K |
| EBITDA Margin % | 100% | 103.03% | 173.79% | 23.91% | 56.9% | 143.16% | -166.14% | 8.53% | 7.98% | 34.89% |
| EBITDA Growth % | 32.11% | 36.59% | 76.07% | -90.66% | 97.11% | 178.79% | -272.31% | 106.9% | -4.28% | -43.67% |
| D&A (Non-Cash Add-back) | 676.04K | 638.17K | 708.07K | 2.36K | 3.28K | 2.59K | 5.92K | 4.95K | 4.35K | 3.49K |
| EBIT | 187.36K | 506.42K | 486.7K | 110.73K | 24.48K | 37.58K | -1.86M | -28.17K | 31.36K | 225.71K |
| Net Interest Income | 34.95K | 44.96K | 97.5K | 109.58K | 44.18K | 15.63K | 35.34K | 160.3K | 206.95K | 270.23K |
| Interest Income | 34.95K | 44.96K | 97.5K | 109.58K | 44.18K | 15.63K | 35.34K | 160.3K | 206.95K | 270.23K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 34.95K | 44.96K | 97.5K | 109.58K | 59.17K | 20.01K | 37.11K | 160.38K | 220.73K | 270.3K |
| Pretax Income | 222.31K▲ 0% | 586.09K▲ 163.6% | 1.47M▲ 150.1% | 301.19K▼ 79.5% | 438.22K▲ 45.5% | 1.08M▲ 147.2% | -1.81M▼ 266.7% | 282.2K▲ 115.6% | 337.72K▲ 19.7% | 579.87K▲ 0% |
| Pretax Margin % | 25.75% | 51.21% | 122.69% | 37.13% | 65.22% | 145.5% | -163.31% | 19% | 22.2% | 64.62% |
| Income Tax | 51.64K | 63.22K | 350.79K | 51.26K | 98.84K | 263.97K | -487.71K | 139.24K | 87.5K | 104.79K |
| Effective Tax Rate % | 23.23% | 10.79% | 23.93% | 17.02% | 22.55% | 24.37% | 27.01% | 49.34% | 25.91% | 18.07% |
| Net Income | 170.67K▲ 0% | 522.86K▲ 206.4% | 1.12M▲ 113.3% | 249.93K▼ 77.6% | 339.38K▲ 35.8% | 819.35K▲ 141.4% | -1.32M▼ 260.8% | 142.96K▲ 110.8% | 250.22K▲ 75.0% | 475.08K▲ 0% |
| Net Margin % | 19.77% | 45.68% | 93.33% | 30.81% | 50.51% | 110.05% | -119.2% | 9.62% | 16.45% | 52.94% |
| Net Income Growth % | -63.14% | 206.35% | 113.26% | -77.59% | 35.79% | 141.42% | -260.82% | 110.85% | 75.03% | 3.34% |
| Net Income (Continuing) | 170.67K | 522.86K | 1.12M | 249.93K | 339.38K | 819.35K | -1.32M | 142.96K | 250.22K | 475.08K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -4.45M | -4.32M | -5.48M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.09▲ 0% | 0.27▲ 200.0% | 0.57▲ 111.1% | 0.13▼ 77.2% | 0.17▲ 30.8% | 0.42▲ 147.1% | -0.67▼ 259.5% | 0.07▲ 110.4% | 0.12▲ 71.4% | 0.23▲ 0% |
| EPS Growth % | -62.5% | 200% | 111.11% | -77.19% | 30.77% | 147.06% | -259.52% | 110.45% | 71.43% | 7.72% |
| EPS (Basic) | 0.09 | 0.27 | 0.57 | 0.13 | 0.17 | 0.42 | -0.67 | 0.07 | 0.12 | - |
| Diluted Shares Outstanding | 1.94M | 1.94M | 1.94M | 1.94M | 1.94M | 1.94M | 1.96M | 2.01M | 2.05M | 2.05M |
| Basic Shares Outstanding | 1.94M | 1.94M | 1.94M | 1.94M | 1.94M | 1.94M | 1.96M | 1.97M | 2.02M | 2.05M |
| Dividend Payout Ratio | - | 37.15% | 20.9% | - | - | - | - | - | - | - |
CKX Lands, Inc. (CKX) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 4.54M | 4.48M | 5.63M | 6.62M | 7.07M | 8M | 8.31M | 9.39M | 9.58M | 14.74M |
| Cash & Short-Term Investments | 4.45M | 4.28M | 5.48M | 6.48M | 6.97M | 7.91M | 8.15M | 9.07M | 9.33M | 10.02M |
| Cash Only | 1.08M | 1.62M | 1.86M | 3.28M | 6.46M | 7.41M | 7.15M | 7.55M | 3.42M | 7.85M |
| Short-Term Investments | 3.37M | 2.66M | 3.61M | 3.2M | 502.6K | 502.83K | 1M | 1.53M | 5.91M | 2.17M |
| Accounts Receivable | 62.4K | 113.07K | 118.46K | 102.79K | 98.52K | 50.74K | 126.42K | 104.74K | 78.12K | 44.4K |
| Days Sales Outstanding | 26.38 | 36.06 | 36.19 | 46.24 | 53.51 | 24.87 | 41.74 | 25.73 | 18.75 | 25.39 |
| Inventory | -3.35M | -2.58M | -244.82K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 33.82K | 0 | 0 | 0 | 0 | 28.7K | 0 | 171.2K | 4.68M |
| Total Non-Current Assets | 9.88M | 10.25M | 9.97M | 9.24M | 9.24M | 9.06M | 9.38M | 9.42M | 9.27M | 4.42M |
| Property, Plant & Equipment | 9.16M | 9.3M | 9.25M | 9.24M | 9.24M | 9.06M | 9.08M | 9.1M | 9.04M | 4.31M |
| Fixed Asset Turnover | 0.09x | 0.12x | 0.13x | 0.09x | 0.07x | 0.08x | 0.12x | 0.16x | 0.17x | 0.11x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 720K | 950K | 725K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2.07M | 2.12M | 2.16M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 14.42M▲ 0% | 14.72M▲ 2.1% | 15.6M▲ 6.0% | 15.86M▲ 1.7% | 16.32M▲ 2.9% | 17.06M▲ 4.5% | 17.69M▲ 3.7% | 18.81M▲ 6.4% | 18.85M▲ 0.2% | 19.16M▲ 0% |
| Asset Turnover | 0.06x | 0.08x | 0.08x | 0.05x | 0.04x | 0.04x | 0.06x | 0.08x | 0.08x | 0.05x |
| Asset Growth % | 1.85% | 2.12% | 5.96% | 1.67% | 2.86% | 4.53% | 3.71% | 6.37% | 0.18% | 5.25% |
| Total Current Liabilities | 132.46K | 220.51K | 216.81K | 227.41K | 342.19K | 261.24K | 267.18K | 495.35K | 264.18K | 281.1K |
| Accounts Payable | 122.46K | 207.17K | 91.97K | 62.25K | 110.79K | 111.12K | 37.63K | 159.16K | 52.42K | 111.64K |
| Days Payables Outstanding | 720.49 | 528.31 | 249.52 | 278.39 | 957.2 | 732.18 | 150.44 | 915.36 | 274.84 | 427.3 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 113.19K | 165.16K | 231.41K | 150.11K | 229.55K | 184.78K | 211.76K | 725.41K |
| Other Current Liabilities | 0 | 0 | 124.85K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 34.25x | 20.31x | 25.97x | 29.11x | 20.67x | 30.62x | 31.10x | 18.95x | 36.26x | 36.26x |
| Quick Ratio | 59.52x | 32.00x | 27.10x | 29.11x | 20.67x | 30.62x | 31.10x | 18.95x | 36.26x | 36.26x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | -401.92 |
| Total Non-Current Liabilities | 298.92K | 187.66K | 187.66K | 187.66K | 187.66K | 187.66K | 0 | 495.35K | 0 | 281.1K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 298.92K | 187.66K | 187.66K | 187.66K | 187.66K | 187.66K | 0 | -184.78K | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 495.35K | 0 | 111.64K |
| Total Liabilities | 431.38K | 408.18K | 404.48K | 415.07K | 529.86K | 448.9K | 267.18K | 495.35K | 264.18K | 281.1K |
| Total Debt | 23.47K | 50.35K | 36.99K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Debt | -1.06M | -1.57M | -1.82M | -3.28M | -6.46M | -7.41M | -7.15M | -7.55M | -3.42M | -7.85M |
| Debt / Equity | 0.00x | 0.01x | 0.00x | - | - | - | - | - | - | 0.00x |
| Debt / EBITDA | 0.03x | 0.04x | 0.02x | - | - | - | - | - | - | 0.00x |
| Net Debt / EBITDA | -1.23x | -1.33x | -0.88x | -16.91x | -16.90x | -6.95x | - | -59.53x | -28.20x | -28.20x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 9.54M▲ 0% | 10M▲ 4.9% | 9.72M▼ 2.8% | 15.45M▲ 58.9% | 15.79M▲ 2.2% | 16.61M▲ 5.2% | 17.42M▲ 4.9% | 18.32M▲ 5.2% | 18.58M▲ 1.4% | 18.88M▲ 0% |
| Equity Growth % | -30.95% | 4.87% | -2.78% | 58.89% | 2.2% | 5.19% | 4.9% | 5.15% | 1.45% | 8.2% |
| Book Value per Share | 4.91 | 5.15 | 5.00 | 7.95 | 8.13 | 8.55 | 8.89 | 9.11 | 9.04 | 9.19 |
| Total Shareholders' Equity | 13.99M | 14.32M | 15.2M | 15.45M | 15.79M | 16.61M | 17.42M | 18.32M | 18.58M | 18.88M |
| Common Stock | 59.34K | 59.34K | 59.34K | 59.34K | 59.34K | 59.34K | 59.34K | 59.34K | 59.34K | 59.34K |
| Retained Earnings | 13.93M | 14.26M | 15.14M | 15.39M | 15.73M | 16.55M | 15.23M | 15.37M | 15.62M | 16.07M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | -176.59K | -263.75K | -472.6K | -620.22K |
| Accumulated OCI | -73.37K | -74.56K | -76.42K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -4.45M | -4.32M | -5.48M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
CKX Lands, Inc. (CKX) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 280.81K | 404.25K | 241.56K | 194.71K | 140.16K | -263.67K | 413.69K | 876.95K | 204.76K | 204.76K |
| Operating CF Margin % | 32.52% | 35.32% | 20.22% | 24% | 20.86% | -35.41% | 37.42% | 59.03% | 13.46% | - |
| Operating CF Growth % | -36.47% | 43.96% | -40.24% | -19.39% | -28.01% | -288.12% | 256.9% | 111.98% | -76.65% | 145.43% |
| Net Income | 170.67K | 522.86K | 1.12M | 249.93K | 339.38K | 819.35K | -1.32M | 142.96K | 250.22K | 475.08K |
| Depreciation & Amortization | 467 | 1.19K | 2.03K | 1.75K | 2.3K | 2.03K | 5.04K | 4.95K | 4.26K | 3.59K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 2.31M | 841.84K | 223.63K | 0 |
| Deferred Taxes | 6.15K | -111.25K | 0 | 0 | 0 | 0 | -300.05K | -29.07K | 97.38K | 92.22K |
| Other Non-Cash Items | 1.75K | -19.05K | -879.8K | -80.5K | -351.6K | -1.03M | -26.82K | -149.99K | -85.55K | -250.53K |
| Working Capital Changes | 101.76K | 10.5K | 4.27K | 23.53K | 150.07K | -59.88K | -255.3K | 66.27K | -285.18K | 113.29K |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -1.97M | 361.21K | 199.87K | 1.22M | 3.04M | 1.21M | -498.76K | -391.31K | -4.12M | 4.25M |
| Capital Expenditures | -2.41M | -155.28K | -55.44K | -26.82K | -9.32K | -22.67K | -29.3K | -20.74K | 0 | 0 |
| CapEx % of Revenue | 278.84% | 13.57% | 4.64% | 3.31% | 1.39% | 3.04% | 2.65% | 1.4% | - | - |
| Acquisitions | -434K | -437.72K | 982.24K | 109.23K | 359.08K | 1.23M | 18.97K | 0 | 140.58K | 358.12K |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 434K | 477.11K | 982.24K | 0 | 0 | 1.23M | 0 | 149.99K | 0 | 141.1K |
| Cash from Financing | 6.51K | -194.25K | -233.1K | 0 | 0 | 0 | -176.59K | -87.16K | -208.85K | -147.61K |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | -176.59K | -87.16K | -208.85K | -147.61K |
| Dividends Paid | 0 | -194.25K | -233.1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | -176.59K | -87.16K | -208.85K | -147.61K |
| Other Financing | 6.51K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | -1.69M▲ 0% | 571.22K▲ 133.9% | 208.33K▼ 63.5% | 1.42M▲ 581.4% | 3.18M▲ 124.2% | 946.62K▼ 70.3% | -261.67K▼ 127.6% | 398.48K▲ 252.3% | -4.13M▼ 1135.2% | 4.53M▲ 0% |
| Free Cash Flow | -2.13M▲ 0% | 248.97K▲ 111.7% | 186.12K▼ 25.2% | 167.9K▼ 9.8% | 130.84K▼ 22.1% | -286.34K▼ 318.8% | 384.39K▲ 234.2% | 856.22K▲ 122.7% | 204.76K▼ 76.1% | 433.65K▲ 0% |
| FCF Margin % | -246.32% | 21.75% | 15.58% | 20.7% | 19.47% | -38.46% | 34.77% | 57.63% | 13.46% | 48.33% |
| FCF Growth % | -1476.92% | 111.71% | -25.24% | -9.79% | -22.07% | -318.84% | 234.24% | 122.74% | -76.09% | -42.39% |
| FCF per Share | -1.09 | 0.13 | 0.10 | 0.09 | 0.07 | -0.15 | 0.20 | 0.43 | 0.10 | 0.10 |
| FCF Conversion (FCF/Net Income) | 1.65x | 0.77x | 0.22x | 0.78x | 0.41x | -0.32x | -0.31x | 6.13x | 0.82x | 0.91x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 12.42K | 169.5K | 355.39K | 67.11K | 92.77K | 289.42K | 0 | 0 | 263.74K | 54.74K |
CKX Lands, Inc. (CKX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 1.46% | 5.35% | 11.31% | 1.99% | 2.17% | 5.06% | -7.75% | 0.8% | 1.36% | 2.54% |
| Return on Invested Capital (ROIC) | 1.44% | 4.8% | 12.57% | 1.43% | 2.65% | 8.61% | -14.2% | 0.87% | 0.68% | 0.68% |
| Gross Margin | 92.81% | 87.5% | 88.74% | 89.94% | 93.71% | 92.56% | 91.74% | 95.73% | 95.42% | 93.95% |
| Net Margin | 19.77% | 45.68% | 93.33% | 30.81% | 50.51% | 110.05% | -119.2% | 9.62% | 16.45% | 52.94% |
| Debt / Equity | 0.00x | 0.01x | 0.00x | - | - | - | - | - | - | 0.00x |
| FCF Conversion | 1.65x | 0.77x | 0.22x | 0.78x | 0.41x | -0.32x | -0.31x | 6.13x | 0.82x | 0.91x |
| Revenue Growth | -18.71% | 32.57% | 4.38% | -32.1% | -17.17% | 10.8% | 48.48% | 34.38% | 2.39% | -55.82% |
CKX Lands, Inc. (CKX) stock FAQ — growth, dividends, profitability & financials explained
CKX Lands, Inc. (CKX) reported $0.9M in revenue for fiscal year 2024. This represents a 10% increase from $0.8M in 1995.
CKX Lands, Inc. (CKX) grew revenue by 2.4% over the past year. Growth has been modest.
Yes, CKX Lands, Inc. (CKX) is profitable, generating $0.5M in net income for fiscal year 2024 (16.4% net margin).
CKX Lands, Inc. (CKX) has a return on equity (ROE) of 1.4%. This is below average, suggesting room for improvement.
CKX Lands, Inc. (CKX) generated $0.4M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
CKX Lands, Inc. (CKX) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates