This Baby Berkshire Just Hit an All-Time High -- Here's Why It's Still Undervalued

Motley Fool2021-09-03

Buying into a well-run conglomerate can be incredibly rewarding. Not only can investors possibly beat the market (or at least put up quality returns) over the long haul, but they can do so with ...

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精彩评论

dandan_4896
2021-09-06
dandan_4896
Piak piak
- MarketPulse:
  [LOL][LOL][LOL]
MoonMoon
2021-09-05
MoonMoon
Like
- Greysuntan:
  Yes
- dandan_4896:
  g
Tanyl
2021-09-04
Tanyl
Will buy NINI & BTC in Option way
- Ku9787:
  cool
- MinQuan:
  😯
- FlareSpark:
  [Strong]
Stchua
2021-09-04
Stchua
[Smile]
SSVC
2021-09-04
SSVC
Ya Appreciate your response and comments Thanks
- GabrielOr:
  cool
- 小小馒头:
  Done
- Qarah:
  Like and comment back thanks
- SSVC:
  [Strong][ShakeHands]
- SSVC:
  [Strong][ShakeHands][Strong][ShakeHands]
KYHBKO
2021-09-04
KYHBKO
let us do our due diligence before we invest.

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124

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Not only can investors possibly beat the market (or at least put up quality returns) over the long haul, but they can do so with ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/03/baby-berkshire-nelnet-just-hit-an-all-time-high/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BRK.A","symbol_name":"伯克希尔","start_time":0,"source_url":"https://www.fool.com/investing/2021/09/03/baby-berkshire-nelnet-just-hit-an-all-time-high/","article_id":"2164874003","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2164874003","pubTimestamp":1630674720,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"It's not too late to get in on this conglomerate.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"translate_title":"伯克希尔刚刚创下历史新高--这就是为什么它仍然被低估","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9},"content_text":"Buying into a well-run conglomerate can be incredibly rewarding. 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In 2020, NBS produced $66 million in operating income, and that was in a down year with COVID-19-related school closures and postponements. In the first half of this year, NBS had $48 million in operating income, giving the segment a 39% operating margin. Compare that to 2016, when NBS did $34 million in operating income for the full year. This segment is growing steadily for Nelnet and is likely on pace to blow by $100 million in annual operating profits within the next few years.\nOther investments\nNelnet has a lot of smaller businesses and investments that round out the company. One is its loan servicing business, which did $15 million in operating income last quarter. This business requires winning contracts from the federal government, and there is a risk Nelnet won't win future contracts and this entire segment will go away. But with two competitors calling it quits this year, and only Navient remaining as a scaled student loan servicer, it is unlikely that Nelnet will lose this business.\nIn 2020, Nelnet sold 48% of its stake in ALLO Communications, a broadband/fiber business, to SDC Capital Partners. Nelnet owns 45% of the business after the transaction, which is valued at $180 million. Under its venture arm, Nelnet owns 20% of sports highlights and film software company Hudl, which is sitting on its balance sheet at $78 million but would likely be worth many times that if Hudl started trading publicly today. Lastly, since 2013, Nelnet has invested $725 million into solar projects, real estate, and venture investments. All these projects are held at cost on Nelnet's balance sheet.\nValuation\nSo what's Nelnet worth to the market today? The measly sum of $3.1 billion. 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and comment back thanks","text":"Like and comment back thanks","html":"Like and comment back 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