Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
Thanks JKM, I appreciate you pointing that out.

Value Line, adjusted MRK's EPS excludes a non-recurring loss of ($1.66) per share in 2012.

After adjustment, Value Line shows MRK's EPS to be $3.82 per share on $17.52 per share of book value, resulting in about a 22% ROE.

Morningstar (my #2 favorite source) makes no such adjustment, and quotes the approx the same ROE that you stated.

MRK had large "non-recurring" losses in '10, '11, and '12.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement