Intrinsic value of Xcerra - XCRA

Previous Close

$9.42

  Intrinsic Value

$15.20

stock screener

  Rating & Target

str. buy

+61%

  Value-price divergence*

+51%

Previous close

$9.42

 
Intrinsic value

$15.20

 
Up/down potential

+61%

 
Rating

str. buy

 
Value-price divergence*

+51%

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of XCRA stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2016), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 0.5

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  -18.59
  11.10
  10.49
  9.94
  9.45
  9.00
  8.60
  8.24
  7.92
  7.63
  7.36
  7.13
  6.91
  6.72
  6.55
  6.40
  6.26
  6.13
  6.02
  5.92
  5.82
  5.74
  5.67
  5.60
  5.54
  5.49
  5.44
  5.39
  5.35
  5.32
  5.29
Revenue, $m
  324
  360
  398
  437
  479
  522
  567
  613
  662
  712
  765
  819
  876
  935
  996
  1,060
  1,126
  1,195
  1,267
  1,342
  1,420
  1,501
  1,587
  1,675
  1,768
  1,865
  1,967
  2,073
  2,184
  2,300
  2,421
Variable operating expenses, $m
 
  214
  236
  259
  283
  308
  334
  362
  390
  419
  450
  477
  510
  544
  580
  617
  656
  696
  738
  781
  827
  874
  924
  976
  1,030
  1,086
  1,145
  1,207
  1,272
  1,340
  1,410
Fixed operating expenses, $m
 
  137
  141
  144
  148
  152
  155
  159
  163
  167
  172
  176
  180
  185
  189
  194
  199
  204
  209
  214
  220
  225
  231
  236
  242
  248
  255
  261
  268
  274
  281
Total operating expenses, $m
  324
  351
  377
  403
  431
  460
  489
  521
  553
  586
  622
  653
  690
  729
  769
  811
  855
  900
  947
  995
  1,047
  1,099
  1,155
  1,212
  1,272
  1,334
  1,400
  1,468
  1,540
  1,614
  1,691
Operating income, $m
  0
  9
  21
  34
  48
  62
  77
  92
  109
  126
  143
  166
  186
  206
  227
  248
  271
  295
  320
  346
  373
  402
  432
  463
  496
  530
  567
  605
  644
  686
  730
EBITDA, $m
  7
  17
  29
  43
  57
  71
  87
  103
  120
  137
  155
  175
  194
  215
  237
  259
  283
  307
  333
  360
  388
  417
  448
  480
  514
  549
  586
  625
  666
  709
  755
Interest expense (income), $m
  1
  1
  1
  2
  2
  3
  3
  4
  4
  5
  5
  6
  7
  7
  8
  9
  9
  10
  11
  12
  13
  13
  14
  15
  16
  17
  19
  20
  21
  22
  24
Earnings before tax, $m
  1
  8
  20
  32
  45
  59
  74
  89
  105
  121
  138
  160
  179
  198
  219
  240
  262
  285
  309
  334
  361
  388
  417
  448
  480
  513
  548
  585
  623
  664
  707
Tax expense, $m
  -1
  2
  5
  9
  12
  16
  20
  24
  28
  33
  37
  43
  48
  54
  59
  65
  71
  77
  83
  90
  97
  105
  113
  121
  130
  139
  148
  158
  168
  179
  191
Net income, $m
  11
  6
  14
  24
  33
  43
  54
  65
  76
  88
  101
  117
  131
  145
  160
  175
  191
  208
  226
  244
  263
  284
  305
  327
  350
  375
  400
  427
  455
  485
  516

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  139
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  378
  265
  293
  322
  353
  385
  418
  452
  488
  525
  564
  604
  646
  689
  734
  781
  830
  881
  934
  990
  1,047
  1,107
  1,170
  1,236
  1,304
  1,376
  1,450
  1,529
  1,610
  1,696
  1,786
Adjusted assets (=assets-cash), $m
  239
  265
  293
  322
  353
  385
  418
  452
  488
  525
  564
  604
  646
  689
  734
  781
  830
  881
  934
  990
  1,047
  1,107
  1,170
  1,236
  1,304
  1,376
  1,450
  1,529
  1,610
  1,696
  1,786
Revenue / Adjusted assets
  1.356
  1.358
  1.358
  1.357
  1.357
  1.356
  1.356
  1.356
  1.357
  1.356
  1.356
  1.356
  1.356
  1.357
  1.357
  1.357
  1.357
  1.356
  1.357
  1.356
  1.356
  1.356
  1.356
  1.355
  1.356
  1.355
  1.357
  1.356
  1.357
  1.356
  1.356
Average production assets, $m
  39
  43
  47
  52
  57
  62
  67
  73
  79
  85
  91
  97
  104
  111
  119
  126
  134
  142
  151
  160
  169
  179
  189
  199
  210
  222
  234
  247
  260
  274
  288
Working capital, $m
  230
  104
  115
  127
  139
  151
  164
  178
  192
  207
  222
  238
  254
  271
  289
  307
  327
  347
  367
  389
  412
  435
  460
  486
  513
  541
  570
  601
  633
  667
  702
Total debt, $m
  24
  31
  42
  53
  65
  78
  91
  104
  118
  132
  147
  163
  179
  196
  214
  232
  251
  271
  291
  313
  335
  359
  383
  409
  435
  463
  492
  523
  554
  588
  623
Total liabilities, $m
  96
  103
  114
  125
  137
  150
  163
  176
  190
  204
  219
  235
  251
  268
  286
  304
  323
  343
  363
  385
  407
  431
  455
  481
  507
  535
  564
  595
  626
  660
  695
Total equity, $m
  282
  162
  179
  197
  216
  235
  255
  276
  298
  321
  345
  369
  395
  421
  449
  477
  507
  538
  571
  605
  640
  677
  715
  755
  797
  840
  886
  934
  984
  1,036
  1,091
Total liabilities and equity, $m
  378
  265
  293
  322
  353
  385
  418
  452
  488
  525
  564
  604
  646
  689
  735
  781
  830
  881
  934
  990
  1,047
  1,108
  1,170
  1,236
  1,304
  1,375
  1,450
  1,529
  1,610
  1,696
  1,786
Debt-to-equity ratio
  0.085
  0.190
  0.230
  0.270
  0.300
  0.330
  0.350
  0.380
  0.400
  0.410
  0.430
  0.440
  0.450
  0.470
  0.480
  0.490
  0.490
  0.500
  0.510
  0.520
  0.520
  0.530
  0.540
  0.540
  0.550
  0.550
  0.560
  0.560
  0.560
  0.570
  0.570
Adjusted equity ratio
  0.598
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611
  0.611

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  11
  6
  14
  24
  33
  43
  54
  65
  76
  88
  101
  117
  131
  145
  160
  175
  191
  208
  226
  244
  263
  284
  305
  327
  350
  375
  400
  427
  455
  485
  516
Depreciation, amort., depletion, $m
  7
  8
  8
  9
  9
  10
  10
  11
  11
  12
  12
  8
  9
  9
  10
  11
  11
  12
  13
  14
  14
  15
  16
  17
  18
  19
  20
  21
  22
  23
  24
Funds from operations, $m
  -16
  14
  23
  32
  42
  53
  64
  75
  87
  100
  113
  125
  139
  154
  170
  186
  203
  220
  238
  258
  278
  299
  321
  344
  368
  393
  420
  448
  477
  508
  540
Change in working capital, $m
  -16
  10
  11
  11
  12
  12
  13
  14
  14
  15
  15
  16
  16
  17
  18
  18
  19
  20
  21
  22
  23
  24
  25
  26
  27
  28
  29
  31
  32
  34
  35
Cash from operations, $m
  0
  3
  12
  21
  30
  40
  51
  62
  73
  85
  98
  110
  123
  137
  152
  167
  183
  200
  218
  236
  255
  275
  296
  318
  341
  365
  391
  417
  445
  474
  505
Maintenance CAPEX, $m
  0
  -3
  -4
  -4
  -4
  -5
  -5
  -6
  -6
  -7
  -7
  -8
  -8
  -9
  -9
  -10
  -11
  -11
  -12
  -13
  -14
  -14
  -15
  -16
  -17
  -18
  -19
  -20
  -21
  -22
  -23
New CAPEX, $m
  -3
  -4
  -4
  -5
  -5
  -5
  -5
  -6
  -6
  -6
  -6
  -6
  -7
  -7
  -7
  -8
  -8
  -8
  -9
  -9
  -9
  -10
  -10
  -11
  -11
  -12
  -12
  -13
  -13
  -14
  -14
Cash from investing activities, $m
  22
  -7
  -8
  -9
  -9
  -10
  -10
  -12
  -12
  -13
  -13
  -14
  -15
  -16
  -16
  -18
  -19
  -19
  -21
  -22
  -23
  -24
  -25
  -27
  -28
  -30
  -31
  -33
  -34
  -36
  -37
Free cash flow, $m
  22
  -4
  4
  12
  21
  30
  40
  51
  61
  73
  84
  95
  108
  121
  135
  150
  165
  181
  197
  214
  232
  251
  271
  291
  313
  336
  360
  385
  411
  438
  467
Issuance/(repayment) of debt, $m
  -3
  10
  11
  11
  12
  12
  13
  13
  14
  14
  15
  16
  16
  17
  18
  18
  19
  20
  21
  21
  22
  23
  24
  25
  27
  28
  29
  30
  32
  33
  35
Issuance/(repurchase) of shares, $m
  -11
  11
  3
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -15
  21
  14
  11
  12
  12
  13
  13
  14
  14
  15
  16
  16
  17
  18
  18
  19
  20
  21
  21
  22
  23
  24
  25
  27
  28
  29
  30
  32
  33
  35
Total cash flow (excl. dividends), $m
  5
  16
  17
  23
  33
  43
  53
  64
  75
  87
  99
  111
  124
  138
  153
  168
  184
  200
  218
  236
  255
  274
  295
  317
  340
  364
  389
  415
  443
  472
  502
Retained Cash Flow (-), $m
  -4
  -16
  -17
  -18
  -19
  -19
  -20
  -21
  -22
  -23
  -24
  -25
  -26
  -27
  -28
  -29
  -30
  -31
  -32
  -34
  -35
  -37
  -38
  -40
  -42
  -44
  -46
  -48
  -50
  -52
  -55
Prev. year cash balance distribution, $m
 
  136
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  136
  0
  6
  14
  23
  33
  43
  53
  64
  76
  86
  99
  112
  125
  139
  154
  169
  185
  202
  219
  238
  257
  277
  298
  320
  343
  367
  393
  419
  447
Discount rate, %
 
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
 
  131
  0
  5
  12
  18
  24
  29
  33
  37
  40
  41
  42
  42
  42
  41
  39
  37
  34
  31
  28
  25
  21
  18
  15
  12
  10
  8
  6
  5
  3
Current shareholders' claim on cash, %
  100
  96.0
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1
  95.1

Xcerra Corporation provides test and handling capital equipment, interface products, and test fixtures and related services to the semiconductor and electronics manufacturing industries worldwide. It operates through two segments, Semiconductor Test Solutions and Electronic Manufacturing Solutions. The company offers Diamond series platform that offers high-density packaging for the testing of microcontrollers, and consumer and digital-based ASSP and ASIC devices; X-Series platform that offers configurations for the testing of analog-based ASSP and ASIC, power, automotive, mixed signal, and RF applications; and ASL platform for testing linear, low-end mixed signal, precision analog, and power management devices. It provides test handlers, including pick-and-place, gravity, strip, and microelectromechanical systems; bare board printed circuit board (PCB) test systems; semiconductor load boards; test contactors for standard, power, and RF markets; probe pins; and loaded PCB test fixtures. In addition, the company engages in the installation and maintenance of test and handling systems, including servicing of spare parts manufactured by third parties; and provision of parts and labor warranties on test and handling systems, and instruments, as well as training on the maintenance and operation of test and handling systems. It markets and sells its products through internal direct sales organization and external distributors. The company was formerly known as LTX-Credence Corporation and changed its name to Xcerra Corporation in May 2014. Xcerra Corporation was founded in 1976 and is headquartered in Norwood, Massachusetts.

FINANCIAL RATIOS  of  Xcerra (XCRA)

Valuation Ratios
P/E Ratio 45.9
Price to Sales 1.6
Price to Book 1.8
Price to Tangible Book
Price to Cash Flow 0
Price to Free Cash Flow -168.3
Growth Rates
Sales Growth Rate -18.6%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -25%
Cap. Spend. - 3 Yr. Gr. Rate 0%
Financial Strength
Quick Ratio 46
Current Ratio 0
LT Debt to Equity 7.4%
Total Debt to Equity 8.5%
Interest Coverage 2
Management Effectiveness
Return On Assets 3.4%
Ret/ On Assets - 3 Yr. Avg. 3.9%
Return On Total Capital 3.6%
Ret/ On T. Cap. - 3 Yr. Avg. 4.6%
Return On Equity 3.9%
Return On Equity - 3 Yr. Avg. 5.3%
Asset Turnover 0.8
Profitability Ratios
Gross Margin 43.2%
Gross Margin - 3 Yr. Avg. 44.8%
EBITDA Margin 2.8%
EBITDA Margin - 3 Yr. Avg. 6%
Operating Margin 0%
Oper. Margin - 3 Yr. Avg. 3.1%
Pre-Tax Margin 0.3%
Pre-Tax Margin - 3 Yr. Avg. 3.3%
Net Profit Margin 3.4%
Net Profit Margin - 3 Yr. Avg. 3.6%
Effective Tax Rate -100%
Eff/ Tax Rate - 3 Yr. Avg. -20.3%
Payout Ratio 0%

XCRA stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the XCRA stock intrinsic value calculation we used $324 million for the last fiscal year's total revenue generated by Xcerra. The default revenue input number comes from 2016 income statement of Xcerra. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our XCRA stock valuation model: a) initial revenue growth rate of 11.1% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for XCRA is calculated based on our internal credit rating of Xcerra, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Xcerra.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of XCRA stock the variable cost ratio is equal to 59.6%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $134 million in the base year in the intrinsic value calculation for XCRA stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 4% for Xcerra.

Corporate tax rate of 27% is the nominal tax rate for Xcerra. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the XCRA stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for XCRA are equal to 11.9%.

Life of production assets of 11.8 years is the average useful life of capital assets used in Xcerra operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for XCRA is equal to 29%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $282 million for Xcerra - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 52.484 million for Xcerra is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Xcerra at the current share price and the inputted number of shares is $0.5 billion.

RELATED COMPANIES Price Int.Val. Rating
TER Teradyne 34.84 22.32  sell
INTT inTEST 6.85 645.10  str.buy
COHU Cohu 17.79 8.38  str.sell
AEHR Aehr Test Syst 3.37 0.15  str.sell
ADI Analog Devices 79.17 157.13  str.buy
TTMI TTM Technologi 13.24 39.84  str.buy
RTEC Rudolph Techno 21.95 10.38  str.sell

COMPANY NEWS

▶ [$$] Computer-Chip Testing Firm Urges Blocking Sale of Rival to China Fund   [Aug-16-17 12:28AM  The Wall Street Journal]
▶ [$$] Computer-Chip Testing Firm Urges Blocking Sale of Rival to China Fund   [Aug-15-17 05:33PM  The Wall Street Journal]
▶ Xcerras New Ultra-Compact DxV: Accelerated Time-to-Volume   [Jul-13-17 09:00AM  GlobeNewswire]
▶ Xcerra Corp. Value Analysis (NASDAQ:XCRA) : July 11, 2017   [Jul-11-17 03:53PM  Capital Cube]
▶ ETFs with exposure to Xcerra Corp. : June 22, 2017   [Jun-22-17 04:41PM  Capital Cube]
▶ Waiting For Bigger Bids?   [03:25PM  Zacks]
▶ ETFs with exposure to Xcerra Corp. : June 12, 2017   [Jun-12-17 02:35PM  Capital Cube]
▶ Xcerra beats Street 3Q forecasts   [Jun-01-17 07:14AM  Associated Press]
▶ Xcerra Announces Third Quarter Results   [07:00AM  GlobeNewswire]
▶ Semiconductor test firm sells for $580M to Chinese private equity group   [11:35AM  American City Business Journals]
▶ ETFs with exposure to Xcerra Corp. : April 5, 2017   [Apr-05-17 05:46PM  Capital Cube]
▶ Bull Of The Day: Xcerra (XCRA)   [05:51AM  Zacks]
▶ Xcerra tops Street 2Q forecasts   [07:50AM  Associated Press]
▶ Xcerra Announces Second Quarter Results   [06:55AM  GlobeNewswire]
▶ Xcerra Corporation Introduces the mmWave Contactor   [Feb-08-17 07:00AM  GlobeNewswire]
▶ 3 Tech Stocks Projected to Grow Profits the Most in 2017   [Jan-14-17 10:48AM  at Motley Fool]
▶ Is Xcerra Corp (XCRA) A Good Stock To Buy?   [Dec-18-16 11:26AM  at Insider Monkey]
▶ Xcerra Announces First Quarter Results   [06:55AM  GlobeNewswire]
Stock chart of XCRA Financial statements of XCRA
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

VALUATION THEORY       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2017. All rigths reserved.