Bayer trades 32% below its break-up value, only 21 times Julius Baer's estimate of 2001 earnings.
Ultimately, what builds up value over time is every individual in the company.
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Simon Taylor of Salomon Smith Barney estimates that all three companies are trading at a 20-25% discount to their break-up value.
Selling assets makes a lot of sense for a company which now has a break-up value much higher than its market capitalisation.
But when it comes to high-end "transformer" jackets, as Mr. Jennings calls them, novelty value takes a back seat to straight-up value.
You could still, however, build up value in a coproration, then sell the assets without recognizing corporate gain if you liquidated within a year.
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In a kitchen that is definitely on the small side, he's serving up value-for-money dishes which he reckons are a recipe for success in tough economic times.
Mr Duthie has calculated that the break-up value of BolsWessanen is the equivalent of at least 40 guilders a share 20% higher than its price in recent weeks.
This path is already well worn by AMC, HBO, Showtime and others trying pump up value by adding exclusive new shows ( Lilyhammer also aired on Norwegian TV) on top of existing catalog movie offerings.
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Later, as Olam moved up the value chain, Verghese set up his own processing plants in India, Vietnam and Brazil, ultimately taking the full cycle of cashew production back to Nigeria as well.
The rising cost of imports added significantly to the overall figures, as iron ore imports were up 83 percent in value during the quarter, with soybeans up 25 percent, crude oil up 39 percent, and metal-cutting machinery up 72 percent in value.
Taking this into account, they said a more representative figure would be that from June 2000 to June 2001, which puts volume up 8% and value up 6%.
Western firms are countering the Indians' move up the value ladder by moving their own operations there or buying up rivals.
Which it is of course: we think that cleaning up an oil spill adds value so cleaning up an oil spill does add value.
Japan's gold market is heating up after the Bank of Japan said last week that it would flood the economy with new money, pushing down the value of the yen against the dollar and other major currencies and pushing up the value of gold in Japan.
The pension fund's investments have gone up in value over the last year, but the amount they owe staff in the future has shot up even faster.
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If all three ETFs are moving up in value, overall interest rates are falling.
Berkshire Hathaway or other steady gainers can drive up the value of your retirement cache.
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They have to move up the value chain or they will face a labor shortage.
His narrowly focused approach, however, has let him miss chances to pick up great value shares.
It did a lot if you owned a house and it had gone up in value.
Most of the guilty have been defrauding budgets and marking up the value of government contracts.
They aren't used to tax-dodging and their houses have shot up in value in recent years.
The build-up in value of a whole life policy is not subject to current taxation.
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In some countries that had exchange-rate appreciations exports moved up the value chain: this also helped.
Investors lapped up the shares, driving their value up by 7.4% to 8.31 euros in European trading.
That, though, actually makes Apollo the sort of stock that would pop up on value investors' screens.
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The world isn't big enough for China to rise up the value-added chain without generating domestic consumer spending.
Indian firms, once purely providers of cheap call-center services and payroll processing, are moving up the value ladder.
You might be cajoled into buying gold coins which may or may not ever go up in value.
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