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A tale of property woe. March 3, 2023

Motley Fool Money

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Harvey Norman - What's Harvey Norman Worth?

Net tangible assets per share is your net tangible asset divided by the number of shares if you want. Harvey Norman could in theory sell every single store property, real estate. Bank all that money and it would still have the Harvey Norman business. And so you think, well, hang on. Great, great, I'm going to say that to Maya, right? Maya owns, I think, I don't think it owns its Melbourne and Sydney stores anymore. You know, you can solve a heap of property. So what's Harvey Norman worth? Most people would say, aren't a PE based as X? Mm-hmm.

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