|Bid||452.20 x N/A|
|Ask||453.60 x N/A|
|Day's range||446.67 - 461.16|
|52-week range||174.20 - 536.35|
|Beta (5Y monthly)||2.20|
|PE ratio (TTM)||24.50|
|Earnings date||11 Dec 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||12 May 2010|
|1y target est||N/A|
Mike Ashley's Frasers Group <FRAS.L> has raised its stake in Mulberry <MUL.L> to just under 37% and could make an offer for the British luxury brand, it said on Thursday. Frasers, formerly Sports Direct, increased its Mulberry holding by buying 4.3 million shares from Kaupthing ehf at 150 pence per share. It said the Takeover Panel had granted Frasers a waiver from making a mandatory cash offer for Mulberry because Mulberry's biggest shareholder Challice Ltd has a 56% stake.
Debenhams advisers are weighing up alternative options for the business. Earlier this year Debenhams fell into administration for the second time in the space of a year.
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Frasers Group plc...