Brookfield Asset Management (BAM) is a global alternative asset manager. The Company owns and operates assets with a focus on property, renewable energy, infrastructure and private equity. The Company operates in eight segments: Asset Management, Property, Renewable power, Infrastructure, Private equity, Residential development, Service activities and Corporate activities.
Brookfield Asset Management (BAM)
newlonkongCIO
Posted in Growth, Infrastructures, Lanlord, NewLonKongPrograms, real estates, REITs, To Long
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2016Q4 report is here.
EPS ~ 1.55 USD
EPS ~ 2.19 USD in 2017.12 (forecast)
EPS ~ 2.89 USD in 2018.12 (forecast)
[ Source: http://www.reuters.com/finance/stocks/financialHighlights?symbol=BAM%5D
So the PE ~ 37.25/1.55 = 24 now.
Both annual and quarterly sales have been growing steadily in the past few year.
Given the future growth, at this price it is reasonably cheap.