Filed under: Ford Motor (F)
Ford Motor Co. recently reported its highest net income in more than 10 years. We currently estimate Ford's International operations contribute 35% to its stock price - similar to its North American operations that contribute 35.6% if we include both cars and trucks together. In 2010, with $7.4 billion of automotive sales, Ford's Asia Pacific & Africa operations contributed 6.2% to its total automotive sales of $119 billion (up 0.9% from its contribution in 2009). We expect that international operations will become increasingly more valuable for Ford. Ford competes globally with automakers like BMW, GM, Daimler, Audi, Honda, Toyota and others.
We have a price estimate of $20.59, which is around 37% above the current market price.
Continue reading Asia Pacific & Africa's Contribution to Ford's Stock Price
Asia Pacific & Africa's Contribution to Ford's Stock Price originally appeared on BloggingStocks on Sat, 09 Apr 2011 10:00:00 EST. Please see our terms for use of feeds.
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