Do internal estimates of property values have a place in calculating RNAV?
Details about estimates will make them more meaningful for shareholders; such figures may be worth a second look, depending on rationale and assumptions behind them
Singapore
INVESTORS should not be too quick to dismiss a company's revalued net asset value (RNAV) even if it was calculated using internal estimates of asset values.
While greater disclosure of the details and basis of these estimates will certainly make them more meaningful for shareholders, such figures may still be worth a second look, depending on the rationale and assumptions behind them.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Koh Brothers Eco Engineering faces up to S$57.6 million in potential liabilities from legal disputes
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
DayOne secures S$530 million green loan from DBS, OCBC and UOB for Singapore data centre