closed Mail.com market cap

[sgopalam]

Hi the total market cap of the comany mail.com is only $17 million.

They own usa.com india.com japan.com europe.com post.com consultant.com so on.

If they are worth only $17 millions including their domain and other assets, then domain names like usa.com are worth below a million.

 

[bigdave]

Originally posted by sgopalam
Hi the total market cap of the comany mail.com is only $17 million.

They own usa.com india.com japan.com europe.com post.com consultant.com so on.

If they are worth only $17 millions including their domain and other assets, then domain names like usa.com are worth below a million.

That's the market value, which should be assets minus liabilities. If they have large liabilities (owe lots money), the value of the assets might be significantly higher than $17 million.

BD

 

[Zoobar]

Originally posted by sgopalam
Hi the total market cap of the comany mail.com is only $17 million.

They own usa.com india.com japan.com europe.com post.com consultant.com so on.

If they are worth only $17 millions including their domain and other assets, then domain names like usa.com are worth below a million.

Its a little more complicated than that but essentially the fair market price for Mail.com is $17M taking into account such things as assets, income, expenses, receivables, and debt.

 

[sgopalam]

Total Current Assets 31,926,000
Total Assets 61,175,000
Total Current Liabilities 46,696,000
Total Liabilities 140,913
Total Shareholders' Equity 20,262,000
Total Liabilities & Shareholders' Equity 161,175,000

 

[Zoobar]

Originally posted by sgopalam
Total Current Assets 31,926,000

How does that break down?
I'm guessing but I'm sure you won't see the value of the domain as part of the assets. That would come under Goodwill value. Although this company has only $17M in assets it would still sell in excess of $100M (probably in excess of $1B comparing it to the PayPal sale) because of the value of its domains and other goodwill properties. Now, doesnt that paint a different picture.

 

[bigdave]

Originally posted by Zoobar
How does that break down? I'm guessing but I'm sure you won't see the value of the domain as part of the assets. That would come under Goodwill value.

Goodwill is actually counted as an asset, but generally written down over a period of time.

We don't know how the domain names are carried on their books. Companies carry assets at acquisition cost minus depreciation. So if company X buys a domain for $35 bucks from VeriSnap (ha!), it would be carried on their books as an asset at that value. If they buy it for $500K from somebody else, it would be on the books at that amount.

The domain names are likely on the books for significantly less than their market value, which is a common situation when looking at book value. That is why stock market analysts often try to come up with a breakup value, which would reflect the market price of the assets.

BD