Xiaomi Inc. — Where Is the Transparency? Updated Equity Value Estimate of US$1/Share
Follow Antya Investments Our updated sum-of-the-parts equity valuation, based on 22.4 billion post-IPO shares outstanding, including the approximate proceeds to the Company of US$3.56 billion (excluding the green-shoe option, assuming the stock prices at HK$ 19.5 at midpoint), implies an equity value of less than $US 1.00 /share of Xiaomi Inc. Our equity value estimate […]