je.st
news
For Broadcom, As-Reported ROA And P/E Metrics Severely Miscommunicate ...
2016-01-13 23:34:27| Electronics - Topix.net
After adjusting for distortions in GAAP earnings and assets, BRCM shows an adjusted P/E of 15.8x, significantly lower than the firm's as-reported P/E of 20.2x and the U.S. corporate average. Using adjusted earnings, the company's adjusted return on assets is 18% to 19% in 2014 and 2015, three times the 6-7% level that most financial databases currently report.
Tags: severely
metrics
broadcom
roa
Category:Electronics and Electrical