The projected fair value for Belite Bio is US$53.84 based on 2 Stage Free Cash Flow to Equity With US$62.24 share price, Belite Bio appears to be trading close to its estimated fair value The US$93.75 analyst price target for BLTE is 74% more than our estimate of fair value In this article we are going to estimate the intrinsic value of Belite Bio, Inc (NASDAQ:BLTE) by estimating the company’s future cash flows and discounting them to their present value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. Believe it or not, it’s not…
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Image source: Getty Images Earning a passive income without lifting a finger sounds like a dream, but it’s achievable. Better still, it can be generated entirely tax-free inside a Stocks and Shares ISA, using the £20,000 annual contribution limit available to every UK adult. Investors can enjoy a second income for life without paying a penny in income tax or dividend tax. Capital gains are tax-free too. Most people favour the perceived safety of a Cash ISA, something Chancellor Rachel Reeves hopes to change. But while cash feels lower-risk, a Stocks and Shares ISA has far greater long-term potential to build…
Image source: Getty Images Getting into the stock market can come with all sorts of opportunities and pitfalls – some more obvious than others. Before someone makes a move to start buying shares, I think it is helpful to learn about some common beginners’ mistakes so they can try to avoid them. 1. Confusing a good business with a good investment Looking at a company with a strong business does not necessarily mean that it will make for a good investment. That depends on the price one pays for its shares. 2. Thinking that a share must be worth at…
Supermarkets are often seen as reliable but fairly unexciting companies. Yes, shopper demand is resilient. But for the likes of Tesco (LSE: TSCO) – already the leading grocer in its key UK market – where are the growth prospects? The overall grocery market size is unlikely to explode. And being market leader can make it difficult to take market shares from rivals. Despite that, the Tesco share price has gone up 31% over the past year. What is going on – and could this be a buying opportunity for my portfolio? Why I’m happy to invest in supermarkets To be…
Image source: National Grid plc I understand the appeal that energy infrastructure operator National Grid (LSE: NG) has for many investors. Its business model ought to generate sizeable cash flows on a regular basis. Meanwhile, the company effectively aims to maintain the value of its dividend per share in real terms, by growing it annually in line with a leading measure of consumer inflation. Given the emphasis on the dividend, is the National Grid share price relevant for an investor considering the FTSE 100 company? Price always matters! My answer is a resounding “yes”, for multiple reasons. When investing, I…
Image source: Getty Images UK dividend stocks can be a great way to target a long-term passive income. Data from Computershare shows total dividends from London-listed stocks dropped 1.4% in the second quarter, reflecting lower special dividends and exchange rate pressures. But stripping out these factors, dividends grew a robust 6.8% year on year to £33.1bn, higher than forecast. Computershare now expects underlying dividends to rise 2.8% over the course of 2025, up from a previous forecast of 2.1%. Yet the rate of growth is still below the likely rate of inflation for 2025 (3.2%, according to the Office for…
Image source: Getty Images 2025 is turning into a “wonderful” year for FTSE 100 stocks as they outperform the US, with a total return of 14.3% so far, according to Dan Coatsworth at AJ Bell. “That’s an attractive return and we’re only a little over halfway through the year.” Two companies have raced ahead of the pack, more than doubling in value since January. Investors who picked these out early would be sitting on eye-popping returns today. Fresnillo shines The first is Mexico-focused gold and silver miner Fresnillo (LSE: FRES). It has soared 134% in 2025, powered by the resurgence in gold, which hit…
Image source: The Motley Fool When looking at the incredible stock market career of billionaire Warren Buffett, it is easy to imagine him as operating in a different league from the rest of us. In fact, though, much of Buffett’s success has been built on a few fairly simple investment principles that can be applied even by a small private investor with limited funds. Here are three of them that I am using. Know what you’re buying into Some people spend ages doing research for even fairly minor purchases. Yet they will put hundreds or even thousands of pounds into…
It is pretty fashionable to knock Tesla (NASDAQ: TSLA). The stock has fallen 24% already this year and there are increasing reasons many investors feel bearish about the tech giant. Still, Tesla has a long history of share price volatility. It has defied critics on many occasions before to bounce back. Indeed, while the share has tumbled lately, it is still 39% higher than it was a year ago – and up 223% over a five-year period. Even after its recent price tumble, Tesla commands a market capitalisation of $957bn. So could it yet make a stunning comeback? Or might…
The Fool’s TakeWhen food manufacturer Kraft merged with condiments titan Heinz in 2015, it created Kraft Heinz, one of the world’s largest consumer goods companies. The new company started off with a strong dividend plan, and payouts increased in each of the first three years — but then Kraft Heinz slashed them to the bone.Some of its splashy food-brand buyouts turned out to be less profitable than expected, forcing the company to conserve cash with a stricter dividend policy. Its quarterly payouts have been stuck at $0.40 per share since the start of 2019. Yet Kraft Heinz’s yield has surged…