In 2012, Koninklijke Philips Electronics N.V. (Euronext: PHIA and NYSE: PHG) reported net income from continuing operations

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In 2012, Koninklijke Philips Electronics N.V. (Euronext: PHIA and NYSE: PHG) reported net income from continuing operations of €262 million, equal to EPS of €0.28.

The company’s depreciation and amortization was €1,433 million, or €1.53 per share.

An AEX price for PHIA as of 31 July 2013 was €24.06. Calculate the P/CF for PHIA.

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Equity Asset Valuation

ISBN: 9781119850519

3rd Edition

Authors: Jerald E Pinto, CFA Institute

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