SNPS Going to calculate Intrinsic Value of Synopsys with a 10% margin of safety: - Value of Operations: 67,552,507,278 - Non-op-assets: 3,809,369,000 - Debt: 665,037,000 - #of shares: 185,749,000 Value of Equity: $70,696,839,278 Intrinsic Value Per share = 380.60 SNPS is overvalued even at current discounted prices based on forward guidance, drawback of the merger, etc and bottomed exactly at fair value last week. Should revisit that level soon.
SNPS remember, this is down with the NASDAQ up huge and on a 9 day win streak. will really be a testament to see how this does when the market has a red day…
SNPS 405.50 would be a very solid double bottom on the daily. believe price will be heading there this week to grab buyers and retest the upper region of the demand zone.