Fundamental Valuation of Alphabet (GOOG:NAS) April 28 2017

Alphabet (GOOG:NAS) Fundamental Valuation Report


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Alphabet$872.30 (USD) Close Price as of25/04/2017

Based on the analysis conducted in this report, Alphabet, (GOOG:NAS) is found to be Undervalued (refer below to each of the models for detailed calculations and assumptions).

Company
Alphabet

Symbol:Exchange
GOOG:NAS

Industry
Technology:Internet Content & Information

Close Price/Date
$872.30 (USD) 25/04/2017

Weighted Average Valuation
$961.61 (USD)

Summary
GOOG:NAS is found to be Undervalued by 10.2% using the 3 valuation models shown below.

Valuation Models Used
Analyst Consensus: $982.91 (USD)

(in order of importance)
Discounted Cash Flow: $718.68 (USD)

Comparables: $1,383.60 (USD)

Valuation Methods Analysis
This company is:
Cash Flow Basis:
Overvalued on a Cash Flow Valuation basis

Comparable Company Basis:
Undervalued on a Comparable Valuation basis

Asset Basis:
Overvalued on an Asset Valuation basis

Alphabet Valuations

Summary chart
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  • Discounted Cash Flow

    Using a discounted cash flow model we generated an intrinsic value of $718.68 (USD) for GOOG:NAS
    Details of the DCF model are shown below

  • Comparables Model

    Using similar companies and price based ratios we generated a valuation of $1,383.60 (USD) for GOOG:NAS. We also generated a valuation of $891.34 (USD) using other metrics and comparables.

    The comparable companies were Facebook (FB:NAS)

    Details of the Comparables Model are shown below

  • Multiples

    Using a multiples approach we generated a valuation of $813.91 (USD) for GOOG:NAS

    Details of the Multiples Model are shown below

  • Adjusted Book Value versus Historical Price to Book

    Using an Adjusted Book Value versus Historical Price to Book we generated a value of $804.61 (USD) for GOOG:NAS

    Details of the Adjusted Book Value Model are shown below

  • Analyst Data

    In the Stockcalc database there are 11 analysts that provide a valuation for GOOG:NAS.
    The 11 analysts have a concensus valuation for GOOG:NAS for 2017 of $982.91 (USD).

    Details of the Analyst Data are shown below

  • Summary

    If you would like to explore this company further you can start with a quick DCF analysis at https://www.stockcalc.com?ss=00CB9BFAC9964E639F156E6F03EA4EAD

Company Overview (GOOG:NAS USD)

Bid:Ask 907.78:908.83
Price 913.49
Change %Change +39.24 – +4.49%
Day Range 907.00 – 914.12
52 Week Range 663.28 – 914.12
Open Price 910.95
Day Volume 1355399
Average Volume 1399650
P/E Ratio 32.77
Diluted EPS 27.88
Shares Outstanding 691420327
Market Cap 631,605,554,511

Summary chart

Detailed Company Description

Alphabet Inc through its subsidiary Google Inc is engaged in improving the ways people connect with information & products including Search, Android, YouTube, Apps, Maps & Ads. It also produces internet-connected home devices & provides internet services.

Financial Data for GOOG:NAS

The following presents the last up to 5 years of the companies Income Statement, Balance Sheet and Cash Flow data.

Income Statement

Line Item USD Millions 2012-12-31 2013-12-31 2014-12-31 2015-12-31 2016-12-31
Total Revenue 50,175 59,825 66,001 74,989 90,272
Cost Of Revenue 20,634 25,858 25,691 28,164 35,138
Gross Profit 29,541 33,967 40,310 46,825 55,134
Selling General And Administration 9,988 12,049 13,982 15,183 17,470
Research And Development 6,793 7,952 9,832 12,282 13,948
EBITDA 16,432 18,518 22,339 24,818 30,418
Depreciation and Amortization 2,962 3,939 4,979 5,063 6,144
Operating Expense 16,781 20,001 23,814 27,465 31,418
Operating Income 12,760 13,966 16,496 19,360 23,716
EBIT 13,470 14,579 17,360 19,755 24,274
Interest Income 713 785 746 999 1,220
Interest Expense 84 83 101 104 124
Pre-Tax Income 13,386 14,496 17,259 19,651 24,150
Tax Provision 2,598 2,282 3,331 3,303 4,672
Net Income 10,737 12,920 14,444 16,348 19,478

Diluted Average Shares 664 677 687 693 699
Diluted EPS 16.17 19.08 21.02 22.84 27.85

Balance Sheet

Line Item USD Millions 2012-12-31 2013-12-31 2014-12-31 2015-12-31 2016-12-31
Total Assets 93,798 110,920 131,133 147,461 167,497
Current Assets 60,454 72,886 80,685 90,114 105,408
Cash And Cash Equivalents 14,778 18,898 18,347 16,549 12,918
Other Short Term Investments 33,310 39,819 46,048 56,517 73,415
Receivables 8,585 9,390 11,556 13,909 14,232
Inventory 505 426 0 0 268
PrepaidAssets 2,132 2,827 3,412 3,139 4,575
Deferred Income Taxes 1,144 1,526 1,322 0 0
Other Current Assets 0 0 0 0 0
Total Non Current Assets 33,344 38,034 50,448 57,347 62,089
Gross PPE 17,697 23,837 32,746 40,146 47,527
Accumulated Depreciation -5,843 -7,313 -8,863 -11,130 -13,293
Net PPE 11,854 16,524 23,883 29,016 34,234
Goodwill 10,537 11,492 15,599 15,869 16,468
Intangibles 7,473 6,066 4,607 3,847 3,307
Other Non Current Assets 3,480 3,952 6,359 8,615 8,080
Total liabilities 22,083 23,611 26,633 27,130 28,461
Current Liabilities 14,337 15,908 16,805 19,310 16,756
Payables 3,925 3,851 4,589 4,661 2,595
Current debt 2,549 3,009 2,009 3,225 0
Current capital lease obligation 0 0 0 0 0
Other current liabilities 0 0 0 0 0
Non Current Liabilities 7,746 7,703 9,828 7,820 11,705
Long Term Debt 2,988 2,236 3,228 1,995 3,935
Long Term Capital Lease 0 0 0 0 0
Other Non Current Liabilities 0 0 0 0 0
Total Equity 71,715 87,309 104,500 120,331 139,036
Stockholders Equity 71,715 87,309 104,500 120,331 139,036
Preferred Stock 0 0 0 0 0
CapitalStock 22,835 25,922 28,767 32,982 36,307
Common Stock 22,835 25,922 28,767 32,982 0
Treasury Stock 0 0 0 0 0
Retained Earnings 48,342 61,262 75,706 89,223 105,131
Other Equity 0 0 0 0 0
Total Liabilities and Total Equity 93,798 110,920 131,133 147,461 167,497

Cash Flow

Line Item USD Millions 2012-12-31 2013-12-31 2014-12-31 2015-12-31 2016-12-31
Net Income 10,737 12,920 14,444 16,348 19,478
Depreciation and amortization 2,962 3,939 4,979 5,063 6,144
Amortization of debt discount/premium and issuance costs 0 0 0 0 0
Investment/asset impairment charges 0 0 0 0 0
Investments losses (gains) 0 0 -159 334 275
Deferred income taxes -266 -437 -104 -179 -38
Stock based compensation 2,692 3,343 4,279 5,203 6,703
Accounts receivable -787 -1,307 -1,641 -2,094 -2,578
Inventory 301 -234 0 0 0
Prepaid expenses -833 -696 459 -318 312
Accounts payable -499 605 436 203 110
Accrued liabilities 1,061 967 1,002 1,936 2,108
Income Tax Payable 1,492 0 0 0 0
Interest payable 0 0 0 0 0
Other working capital 1,655 634 108 -136 3,348
Other non-cash items -1,896 -1,075 -1,427 -336 174

Net cash provided by operating activities 16,619 18,659 22,376 26,024 36,036
Investments in property, plant, and equipment -3,273 -7,358 -10,959 -9,915 -10,212
Property, plant, and equipment reductions 0 0 0 0 240
Acquisitions, net -10,568 1,077 -4,502 -236 -986
Purchases of investments -34,061 -46,013 -57,537 -76,540 -85,618
Sales/Maturities of investments 35,180 38,314 51,315 62,905 67,389
Other investing activities -334 301 628 75 -1,978

Net cash used for investing activities -13,056 -13,679 -21,055 -23,711 -31,165
Debt issued 16,109 10,768 11,625 13,705 8,729
Debt repayment -14,781 -11,325 -11,643 -13,728 -10,064
Common stock issued 0 0 0 0 0
Preferred stock issued 0 0 0 0 0
Cash dividends paid 0 0 0 0 0
Other financing activities -99 -300 -1,421 -3,654 -6,997

Net cash provided by, used for activities 1,229 -857 -1,439 -3,677 -8,332
Effect of exchange rates 3 -3 -433 -434 -170
Net change in cash 4,795 4,120 -551 -1,798 -3,631
Cash at beginning of period 9,983 14,778 18,898 18,347 16,549
Cash at end of period 14,778 18,898 18,347 16,549 12,918
Operating cash flow 16,619 18,659 22,376 26,024 36,036
Capital expenditure -3,273 -7,358 -10,959 -9,915 -10,212
Free cash flow 13,346 11,301 11,417 16,109 25,824

Ratio Data for GOOG:NAS

Profitability Ratios

Year 2012 2013 2014 2015 2016
Gross Margin (%) 58.88 56.78 61.07 62.44 61.08
Operation Margin (%) 25.43 23.34 24.99 25.82 26.27
Tax Rate (%) 19.41 15.74 19.3 16.81 19.35
Net Margin (%) 21.4 21.6 21.88 21.1 21.58
Sales per Employee 931565 1M 1M 1M 1M
EBIT Margin (%) 26.85 24.37 26.3 26.34 26.89
EBITDA Margin (%) 32.75 30.95 33.85 33.1 33.7
Net Profit Margin (%) 21.51 20.66 21.31 22.47 22.17
Interest Coverage 160.36 175.65 171.88 189.95 195.76

Efficiency Ratios

Year 2012 2013 2014 2015 2016
Days In Sales 48.42 51.15 50.5 50.96 51.94
Days In Inventory 8.93 6.57 2.78
Days In Payment 23 31.51 29.61 23.63 20.63
Cash Conversion Cycle 34.36 26.21 34.1
Receivable Turnover 7.54 7.14 7.23 7.16 7.03
Inventory Turnover 40.86 55.55 131.11
Payment Turnover 15.87 11.58 12.33 15.45 17.69
Fixed Assets Turnover 4.68 4.22 3.27 2.84 2.85
Assets Turnover 0.6 0.58 0.55 0.54 0.57
ROE (%) 16.54 16.25 15.06 14.08 15.02
ROA (%) 12.91 12.62 11.93 11.36 12.37
ROIC (%) 14.66 14.52 13.77 12.82 13.85
FCF Sales Ratio (%) 26.6 18.89 17.3 21.48 28.61
FCF Net Income Ratio (%) 124.3 87.47 79.04 98.54 132.58
Capital Expenditure Sales Ratio (%) 6.52 12.3 16.6 13.22 11.31

Financial Health

Year 2012 2013 2014 2015 2016
Current Ratio 4.22 4.58 4.8 4.67 6.29
Quick Ratio 3.95 4.28 4.52 4.5 6
Long Term Debt Total Capital Ratio (%) 4 2.5 3 1.63 2.75
Long Term Debt Equity Ratio 0.04 0.03 0.03 0.02 0.03
Financial Leverage 1.31 1.27 1.25 1.23 1.2
Total Debt To Equity Ratio 0.08 0.06 0.05 0.04 0.03

Valuation Ratios

Year 2014 2015 2016
Sustainable Growth Rate (%) 14.37 14.77 15.23
Payout Ratio (%) 0 0 0
Cash Return 0.04 0.03 0.05
Sales Per Share 99.17 103.88 122.94
Book Value Per Share 145.08 169.12 194.57
CFO Per Share 31.03 37.6 46.98
FCF Per Share 16.92 21.15 33.75
Earning Yield (%) 3.58 2.85 3.54
PE Ratio 27.9 35.13 28.24
Sales Yield (%) 18.89 13.69 15.93
PS Ratio 5.29 7.3 6.28
Book Value Yield (%) 27.64 22.28 25.21
PB Ratio 3.62 4.49 3.97
CF Yield (%) 5.91 4.95 6.09
PCF Ratio 16.92 20.18 16.43
FCF Yield (%) 3.22 2.79 4.37
FCF Ratio 31.03 35.89 22.87
Dividend Yield (%)
Forward Dividend Yield (%)
Forward Earning Yield (%) 5.63 4.44 5.28
Forward PE Ratio 17.76 22.52 18.94
PEG Ratio 1.42 2.11 1.15
PEG Payback 8.92 11.07 8.28
Dividend Rate
Working Capital Per Share 91.31 101.33 122.2
EV To EBITDA 14.51 18.91 15.91
Buy Back Yield (%) 1.03
Total Yield (%) 1.03

Valuation Details and Assumptions

Cost of Capital

We have calculated the WACC for GOOG:NAS to be 8.60 based on the following assumptions:

WACC chart
Component
Value
%
K
Cost Of

Common Equity
573574646466
99
Ke
8.67

Debt (Book Value)
3938000000
1
Kd
2.08

Preferred (Book Value)
0
0
Kp
0.00

Enterprise Value
577512646466
100

Weighted Average Cost of Capital
WACC
8.60

The Company’s Beta was calculated as 0.85 using a 60 month time frame and the Nasdaq index.

Note: Higher risk premiums imply investors require greater returns

The Company’s Cost of Preferred equity was calculated using the preferred stock dividend divided by the book value of prefrerred shares for the company

The Company’s Cost of Debt was calculated as the weighted average Interest paid for the last 3 years divided by the book value of weighted average interest bearing debt outstanding

Analyst Coverage

We have 11 Analysts covering GOOG:NAS.

GOOG:NAS Alphabet

Current Price: 915.24 USD

Analyst Consensus
USD Millions 2017 2018 2019
Mean EPS 39.5440 45.9348 47.8503
# EPS Analysts 10 10 4
Mean Revenue 97,748.7 113,832.8 130,031.1
# Revenue Analysts 9 9 4
Mean Target Price 982.9091
Mean Cash Flow 52.4656 59.7878 56.7340
Mean EBITDA 38,384.6 44,572.3 44,781.8
Mean Net Income 26,417.1 30,796.6 34,000.8
Mean Debt Outstanding -13,834.2 -24,131.7 174,581.0
Mean Tax Rate 19.7833 20.0000 20.5000
Mean Growth Rate 16.4300
Mean Capital Expenditure 12,079.8 13,455.2 15,972.9
Analyst Recommendation
Buy Hold Sell Rating(out of 5) Recommendation As Of
10 2 1 4.3846 Outperform 2017-4-24
Based on the 11 Analysts we have covering GOOG:NAS we see a consensus price target for 2017 of $982.91 (USD).

Forecasted Financial Statements

The resulting projections of the 11 analysts are shown here:

Income Statement Projections for
GOOG:NAS Alphabet

millions10183

Line Item USD Millions 2012 2013 2014 2015 2016 Weighted
Average
2017 2018 2019
Total Revenue 50,175 59,825 66,001 74,989 90,272 100.00 97,749 113,833 130,031
Cost Of Revenue 20,634 25,858 25,691 28,164 35,138 39.12 31,200 36,401 44,804
Gross Profit 29,541 33,967 40,310 46,825 55,134 60.88 66,549 77,432 85,227
Selling General And Administration 9,988 12,049 13,982 15,183 17,470 20.03 15,973 18,635 22,937
Research And Development 6,793 7,952 9,832 12,282 13,948 15.28 12,192 14,224 17,508
EBITDA 16,432 18,518 22,339 24,818 30,418 33.23 38,385 44,572 44,782
Depreciation and Amortization 2,962 3,939 4,979 5,063 6,144 6.86 6,955 8,006 6,265
Operating Expense 16,781 20,001 23,814 27,465 31,418 35.31 34,516 40,195 45,915
Operating Income 12,760 13,966 16,496 19,360 23,716 25.57 32,033 37,237 39,312
EBIT 13,470 14,579 17,360 19,755 24,274 26.37 31,430 36,567 38,516
Interest Income 713 785 746 999 1,220 1.31 1,277 1,487 1,698
Interest Expense 84 83 101 104 124 0.14 144 166 130
Pre-Tax Income 13,386 14,496 17,259 19,651 24,150 26.23 31,286 36,401 38,387
Tax Provision 2,598 2,282 3,331 3,303 4,672 4.80 4,869 5,604 4,386
Net Income 10,737 12,920 14,444 16,348 19,478 21.69 26,417 30,797 34,001
Diluted Average Shares 664 677 687 693 699 668 670 711

Diluted EPS 16.17 19.08 21.02 22.84 27.85 39.54 45.93 47.85
# Of Analysts 10 10 4

As a measure of Cash flow for the company we start with the EBITDA above and adjust as you see in the Discounted Cash Flow Analysis

Discounted Cash Flow

Using a Discounted Cash flow model we generate a Value per share for GOOG:NAS of $718.68 (USD)
Year 2017 2018 2019 Terminal Growth Rate(%)3
EBITDA (Cash Flow) 38384600000 44572300000 44781800000 46125254000
Normalizations & Adjustments 0 0 0 0
Normalized EBITDA 38384600000 44572300000 44781800000 46125254000
Tax Rate(%)19.3458 7425807946.80 8622868013.40 8663397464.40 8923299388.33
+/- Tax Loss Carry Forward 0 0 0 0
Net Operating After Tax Cash Flow 30,958,792,053 35,949,431,987 36,118,402,536 37,201,954,612
Capital Investment Required (Estimate) -8295400000 -8295400000 -8295400000 -8295400000
Tax Shields on Capital Investment 1122111670 1122111670 1122111670 1122111670
Incremental Working Capital Requirements 824400000 824400000 824400000 824400000
Discretionary Cash Flow 24,609,903,723 29,600,543,657 29,769,514,206 30,853,066,282
Terminal Multiple ( 100 / (WACC – Growth Rate )) 17.85
Capitalized Terminal Value 550,611,478,887
Year: (For Discounted Calculations) 1 2 3 3+
WACC: 8.60 8.60 8.60 8.60
Discounted Annual Cash Flows 22,660,339,821 25,096,473,227 23,240,274,788 429,847,863,227
Present Value of Discretionary Cash Flow 70,997,087,836
Discounted Terminal Value 429,847,863,227
Total Discounted Cash Flow 500,844,951,063
Present Value of Tax Shields 0
Redundant Assets 0
Enterprise Value 500,844,951,063
Less Interest Bearing Debt 3938000000
En Block Fair MarketValue(FMV) Equity 496,906,951,063
Book Value of Preferred Equity 0
Value of Common Equity 496,906,951,063
Number of Fully Diluted Shares Outstanding 691420327
Calculated Value Per Share ($/share) $718.68 (USD)

Discounted Cash Flow Sensitivity Analysis for GOOG:NAS

GOOG:NAS Current Values Valuation If Dropped * Valuation If Raised *
Calculated Value: $718.68 1% 5% 1% 5%
WACC (or Ke) 8.60 $878.13 $607.58
Terminal Growth Rate 3.00 $618.35 $862.58
Tax Rate 0.19 $766.05 $671.30
Cash Flow 46125254000 $674.89 $762.46
Capital Expenditures -8295400000 $711.45 $725.90
Long Term Debt 3938000000 $718.96 $718.39

Comparable Companies

(Using Price Based Ratios)

We ran GOOG:NAS against comparable companies in its space and generated a valution of $1,383.60 (USD). The comparable companies included Facebook (FB:NAS)
Company GOOG:NAS End Date Value
Earnings/Share $27.85 (USD)
Book Value/Share $201.09 (USD)
Sales/Share $129.20 (USD)
Cash Flow/Share $51.58 (USD)
EBITDA/Share $43.49 (USD)
Price Based on Comps Adjustment Factor (%)
$1,133.55 (USD) 0.0
$1,399.01 (USD) 0.0
$1,942.31 (USD) 0.0
$1,330.35 (USD) 0.0
$1,112.76 (USD) 0.0
GOOG:NAS Ratios Used Average Values FB:NAS
29.79 PE Ratio 40.70 40.70
4.13 PB Ratio 6.96 6.96
6.42 PS Ratio 15.03 15.03
16.08 PCF Ratio 25.79 25.79
16.15 EV to EBITDA 25.71 25.71

Comparables chartComparables chartComparables chartComparables chartComparables chart

Other Ratios

Companies that do not have revenue yet or experience negative incomes can be valued against their peer group using other ratios such as Cash/share, Returns, Market Cap and Net PPE.

Using this approach we generate a valuation for GOOG:NAS of $891.34 (USD)
Company GOOG:NAS End Date Value
Cash/Share $18.49 (USD)
Book Value/Share $201.09 (USD)
MarketCap 573574646466
1 Year Return 0.114
NetPPE 34234000000
Price Based on Comps Adjustment Factor (%)
$858.33 (USD) 0
$1,599.37 (USD) 0
$509.22 (USD) 0
$923.74 (USD) 0
$566.05 (USD) 0
Ratios Used Average Values FB:NAS
Cash / Share 3.06 3.06
Book Value / Share 17.86 17.86
Market Cap 355793680522.00 355793680522
1 Year Return 0.24 0.24
Net PPE 8591000000.00 8591000000.00

Multiples Approach

(We use the term multiples to describe valuing the company against its previous ratio values)
Using a multiples model we see GOOG:NAS is and generate a valuation of $813.91 (USD)
Ratios Ratio Average
PE Ratio 29.81
PB Ratio 3.99
PS Ratio 6.37
PCF Ratio 17.60
EV to EBITDA 16.22
Price Based on Comparables Adjustment Factor
$830.14 (USD) 0
$802.89 (USD) 0
$822.77 (USD) 0
$907.49 (USD) 0
$706.26 (USD) 0
Company GOOG:NAS End Date Value
Earnings/Share $27.85 (USD)
Book Value/Share $201.09 (USD)
Sales/Share $129.20 (USD)
Cash Flow/Share $51.58 (USD)
EBITDA/Share $43.53 (USD)

Adjusted Book Value versus Historical Price to Book

The average the Price to Book ratio for GOOG:NAS for the last 3 years was 4.00

We ran the Adjusted Book Value for GOOG:NAS as follows and see a value of $201.12 (USD)

By multiplying these we get an adjusted valuation of $804.61 (USD)

Line Item Most Recent Book Value Estimated FMV Realizable %
Total Assets 167497000000 167497000000 0
Current Assets 105408000000 105408000000 0
Cash and Cash Equilivents 12918000000 12918000000 100.00
Other Short Term Investments 73415000000 73415000000 100.00
Receivables 14232000000 14232000000 100.00
Inventory 268000000 268000000 100.00
Prepaid Assets 4575000000 4575000000 100.00
Deferred Income Taxes 0 0 0.00
Other Current Assets 0 0 0.00
Non-Current Assets 62089000000 62089000000 0
Gross PPE 47527000000 47527000000 0
Accumulated Depreciation -13293000000 -13293000000 0
Net PPE 34234000000 34234000000 100.00
Goodwill 16468000000 16468000000 100.00
Other Intangible Assets 3307000000 3307000000 100.00
Other Non-Current Assets 8080000000 8080000000 100.00
Total Liabilities 28461000000 28461000000 0
Current Liabilities 16756000000 16756000000 0
Payables 2595000000 2595000000 100.00
Current Debt 0 0 0.00
Current Capital Lease Obligation 0 0 0.00
Other Current Liabilities 14161000000 14161000000 100.00
Non-Current Liabilities 11705000000 11705000000 0
Long Term Debt 3935000000 3935000000 100.00
Long Term Capital Lease Obligation 0 0 0.00
Other Non-Current Liabilities 7770000000 7770000000 100.00
Total Equity 139036000000 139036000000 0
Stockholder’s Equity 139036000000 139036000000 0
Preferred Stock 0 0 0.00
Common Stock 139036000000 139036000000 0
Treasury Stock 0 0 0.00
Retained Earnings 105131000000 105131000000 100.00
Other Equity -105131000000 -105131000000 100.00
Total Liabilities and Equity 167497000000 167497000000 0
ANBV Equity Common Shareholders 139036000000
Number Shares Outstanding 691293000
Adjusted NetBook Value per Share USD $ $201.12

Sector and Industry Analysis

GOOG:NAS 2016 2015 2014
P:E 28.24 35.13 27.90
P:B 3.97 4.49 3.62
P:S 6.28 7.31 5.29
P:CF 16.43 20.18 16.92
EV:EBITDA 15.91 18.91 14.51
Technology:Internet Content & Information 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
P:E 50.46 46.32 95.35 47.32 72.48 33.13 119.40 42.35 56.10 47.89
P:B 4.36 4.54 6.80 3.39 3.83 4.74 4.01 5.90 6.45 5.54
P:S 4.30 5.88 7.40 3.30 3.63 3.85 4.37 4.01 7.58 8.83
P:CF 28.20 28.27 30.49 16.38 16.83 16.60 20.21 12.19 25.45 83.87
EV:EBITDA 24.54 21.82 14.86 15.24 9.42 11.89 18.12 10.57 26.62 29.50

Summary

If you would like to explore this company further you can start with a quick DCF analysis at https://www.stockcalc.com?ss=00CB9BFAC9964E639F156E6F03EA4EAD

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Today we are looking at companies that have had the greatest percentage decrease in share price year to date.

Bottom 25 Companies

Lists like these are always interesting to look at as they tell more than one story. Companies that are experiencing dramatic decreases in share price can do so for a variety of reasons including, the sector they are in has turned (such as companies in an unfavorable commodities space or a sector that has been disrupted), or the company is experiencing financial difficulties generally due to an inability to service its debt.

In this list we have selected the top 25 companies based on their percentage decrease in share price year to date.

Today’s Data on NASDAQ

Today’s data is for companies listed on the NASDAQ.

Symbol Name Total Return Period
SSH Sunshine Heart Inc -92.190554 YTD
ARGS Argos Therapeutics Inc -90.063265 YTD
ORIG Ocean Rig UDW Inc -88.505747 YTD
AVGR Avinger Inc -84.670270 YTD
VLRX Valeritas Holdings Inc -83.275000 YTD
RGSE Real Goods Solar Inc -82.813754 YTD
DCIX Diana Containerships Inc -80.215827 YTD
NOVN Novan Inc -80.051813 YTD
GNMX Aevi Genomic Medicine Inc -71.042471 YTD
GEVO Gevo Inc -70.231214 YTD
SRAX Social Reality Inc -69.543974 YTD
WKHS Workhorse Group Inc -69.405099 YTD
GLBR Global Brokerage Inc -68.794326 YTD
GALE Galena Biopharma Inc -68.396907 YTD
ITEK Inotek Pharmaceuticals Corp -67.622951 YTD
ABIL Ability Inc -67.505415 YTD
RTTR Ritter Pharmaceuticals Inc -67.191882 YTD
RELY Real Industry Inc -66.393443 YTD
MYSZ My Size Inc -65.688073 YTD
DMTX Dimension Therapeutics Inc -65.517241 YTD
WINS Wins Finance Holdings Inc -65.144444 YTD
MARA Marathon Patent Group Inc -64.825581 YTD
NH NantHealth Inc -64.486922 YTD
BSTG Biostage Inc -64.112360 YTD
CDNA CareDx Inc -63.333333 YTD

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

SSH:NAS Sunshine Heart

http://www.sunshineheart.com
Sunshine Heart has 29 employees and is headquartered in United States.
Sunshine Heart Inc is a medical device company. It is engaged in developing, manufacturing and commercializing cardiac and coronary disease products.

ARGS:NAS Argos Therapeutics

http://www.argostherapeutics.com
Argos Therapeutics has 122 employees and is headquartered in United States.
Argos Therapeutics Inc is a biopharmaceutical company. It is engaged in the development and commercialization of immunotherapies for the treatment of cancer and infectious diseases based on its proprietary technology platform called Arcelis.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

CSX (CSX:NAS) and McKesson (MCK:NYS) Upgraded

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I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/toppicks.aspx.

Upgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been upgraded by at least one analyst in the last few days.

Why Do Companies Get Upgraded?

Companies can get upgraded for a number of reasons, but primarily due to improved future earnings potential due to new contracts, new products, cost savings or restructuring.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
MCK McKesson Corp 3 0 3 0 0 0 4.0000 3.8333 Outperform
PPG PPG Industries Inc 5 0 4 0 0 0 4.1111 4.0000 Outperform
MT ArcelorMittal SA 2 0 3 0 0 0 3.8000 3.6000 Outperform
KEY KeyCorp 4 0 6 0 0 0 3.8000 3.7000 Outperform
NUE Nucor Corp 2 0 0 1 0 0 4.0000 3.6667 Outperform
YUMC Yum China Holdings Inc 2 0 3 0 0 0 3.8000 3.5000 Outperform
DOV Dover Corp 3 0 4 0 0 0 3.8571 3.7143 Outperform
SLG SL Green Realty Corp 1 0 2 0 0 0 3.6667 3.0000 Outperform
IPG The Interpublic Group of Companies Inc 5 0 2 0 0 0 4.4286 4.3333 Outperform
WR Westar Energy Inc 0 0 3 1 0 0 2.7500 2.5000 Hold
SON Sonoco Products Co 0 0 3 1 0 0 2.7500 2.2500 Hold
WGO Winnebago Industries Inc 1 0 2 0 0 0 3.6667 3.5000 Outperform
I Intelsat SA 1 0 0 0 0 0 5.0000 4.0000 Buy
OCN Ocwen Financial Corp 1 0 1 0 0 0 4.0000 3.0000 Outperform
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
TOU Tourmaline Oil Corp 6 3 0 0 0 0 4.6667 4.6000 Buy
PEY Peyto Exploration & Development Corp 6 3 3 0 0 0 4.2500 4.2308 Outperform
HCG Home Capital Group Inc 0 1 4 0 2 0 2.5714 2.5000 Hold
ROXG Roxgold Inc 5 2 0 0 0 0 4.7143 4.5714 Buy
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
LTE Lite Access Technologies Inc 1 0 0 0 0 0 5.0000 0.0000 Buy
DUG Distinct Infrastructure Group Inc 2 2 0 0 0 0 4.5000 4.3333 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
CSX CSX Corp 6 0 5 0 0 0 4.0909 3.9091 Outperform
PNK Pinnacle Entertainment Inc 1 0 1 0 0 0 4.0000 3.0000 Outperform
LAWS Lawson Products Inc 2 0 0 0 0 0 5.0000 4.0000 Buy

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

CSX:NAS CSX

http://www.csx.com
CSX has 26628 employees and is headquartered in United States.
CSX Corp is a freight rail transportation company. The Company provides rail-based transportation services including traditional rail service and the transport of intermodal containers and trailers.

MCK:NYS McKesson

http://www.mckesson.com
McKesson has 68000 employees and is headquartered in United States.
McKesson Corporation distributes pharmaceuticals, medical supplies and healthcare information technology that make healthcare safer while reducing costs. Its segments include McKesson Distribution Solutions and McKesson Technology Solutions.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Goldman Sachs Group (GSPRN:NYS) and BlackRock (BLK:NYS) Are Undervalued

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Undervalued Stocks on NYSE

Today we are looking at companies that are considered undervalued based on the Analyst data in the StockCalc database.

In the table below we can see the close price and target price for these companies along with the number of analysts covering the stock. We also have included the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year.

There can be a number of reasons why a company would be on this list. What is particularly interesting are companies with a large analyst following that make this list. We need to dig deeper into these companies to understand why the difference in price versus target.

Today’s Data on NYSE

Today’s data is for companies listed on the New York Stock Exchange.

Symbol Name Target Year Close Price Target Price Mean Currency Target Price # of Estimates
GSPRN Goldman Sachs Group Inc 2017 26.970000 246.0000 USD 7
AGN Allergan PLC 2017 236.980000 272.4000 USD 5
BLK BlackRock Inc 2017 386.650000 429.6667 USD 3
SPG Simon Property Group Inc 2017 168.940000 206.6667 USD 6
PXD Pioneer Natural Resources Co 2017 175.720000 219.6250 USD 8
AZO AutoZone Inc 2017 722.450000 860.0000 USD 5
CXO Concho Resources Inc 2017 129.430000 161.6000 USD 5
HLT Hilton Worldwide Holdings Inc 2017 58.040000 101.7500 USD 4
BAP Credicorp Ltd 2017 152.420000 589.0400 USD 1
MKL Markel Corp 2017 974.080000 1050.0000 USD 1
FLT Fleetcor Technologies Inc 2017 150.230000 186.7500 USD 4
WHR Whirlpool Corp 2017 174.800000 207.5000 USD 2
FNV Franco-Nevada Corp 2017 67.950000 103.9360 CAD 11
TDG TransDigm Group Inc 2017 248.330000 301.5000 USD 4
AGU Agrium Inc 2017 91.680000 138.0958 CAD 8
GWW W.W. Grainger Inc 2017 191.900000 243.3333 USD 3
AAP Advance Auto Parts Inc 2017 147.100000 192.0000 USD 4
PANW Palo Alto Networks Inc 2018 109.820000 152.0000 USD 7
DPZ Domino’s Pizza Inc 2017 180.590000 218.5000 USD 2
THO Thor Industries Inc 2018 94.820000 136.5000 USD 2
HHC The Howard Hughes Corp 2017 122.280000 195.0000 USD 1
MNK Mallinckrodt PLC 2017 44.450000 76.0000 USD 4
VMI Valmont Industries Inc 2017 151.450000 185.0000 USD 1
NVRO Nevro Corp 2017 86.810000 120.0000 USD 1
ANTX Anthem Inc 2017 50.300000 177.1429 USD 7

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

GSPRN:NYS Goldman Sachs Group

http://www.gs.com
Goldman Sachs Group has 34400 employees and is headquartered in United States.
Goldman Sachs Group Inc is a investment banking, securities and investment management firm. Its segments include Investment Banking, Institutional Client Services, Investing & Lending and Investment Management.

BLK:NYS BlackRock

http://www.blackrock.com
BlackRock has 13000 employees and is headquartered in United States.
BlackRock Inc along with its subsidiaries, provides investment management services to institutional clients and to individual investors through various investment vehicles.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Tesla (TSLA:NAS) and Automatic Data Processing (ADP:NAS) Are Fully Valued

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Have a free look inside the StockCalc website at www.stockcalc.com/registration2.aspx

I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.

Fully Valued Stocks on NASDAQ

Today we are looking at companies that are considered fully valued based on the Analyst data in the StockCalc database.

In this table we can see the close price and target price for these companies along with the number of analysts covering the stock. We also have included the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year.

There can be a number of reasons why a company would be on this list. What is particularly interesting are companies with a large analyst following that make this list. We need to dig deeper into these companies to understand why the difference in price versus target.

Today’s Data on NASDAQ

Today’s data is for companies listed on the NASDAQ.

Symbol Name Target Year Close Price Target Price Mean Currency Target Price # of Estimates
TSLA Tesla Inc 2017 308.030000 241.0000 USD 4
ADP Automatic Data Processing Inc 2018 104.140000 95.1667 USD 6
ISRG Intuitive Surgical Inc 2017 822.180000 802.5000 USD 4
ILMN Illumina Inc 2017 180.200000 161.7143 USD 7
KLAC KLA-Tencor Corp 2018 100.830000 85.6667 USD 3
CINF Cincinnati Financial Corp 2017 71.460000 62.0000 USD 1
ANSS Ansys Inc 2017 109.600000 100.0000 USD 4
MIDD The Middleby Corp 2017 139.130000 130.0000 USD 1
IEP Icahn Enterprises LP 2017 49.600000 40.0000 USD 1
JKHY Jack Henry & Associates Inc 2018 96.510000 84.3333 USD 3
CGNX Cognex Corp 2017 84.560000 74.0000 USD 3
PNRA Panera Bread Co 2017 314.070000 261.2857 USD 7
COHR Coherent Inc 2017 211.360000 201.5000 USD 2
UBNT Ubiquiti Networks Inc 2018 51.160000 38.0000 USD 1
AKRX Akorn Inc 2017 32.720000 22.5000 USD 2
CACC Credit Acceptance Corp 2017 203.290000 170.0000 USD 1
VSAT Viasat Inc 2018 64.360000 48.0000 USD 1
BLUE bluebird bio Inc 2017 85.650000 72.5000 USD 4
BCPC Balchem Corp 2017 79.370000 60.0000 USD 1
MMYT MakeMyTrip Ltd 2018 38.500000 29.0000 USD 1
SCSS Select Comfort Corp 2017 31.300000 20.5000 USD 2
FMI Foundation Medicine Inc 2017 32.450000 23.0000 USD 2
SAFT Safety Insurance Group Inc 2017 71.500000 60.0000 USD 1
ASPS Altisource Portfolio Solutions SA 2017 23.100000 14.0000 USD 1
AMNB American National Bankshares Inc 2017 39.100000 20.0000 USD 1

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

TSLA:NAS Tesla

http://www.teslamotors.com
Tesla has 17782 employees and is headquartered in United States.
Tesla Inc is a vertically integrated sustainable energy company. It designs, develops, manufactures and sells high-performance fully electric vehicles and electric vehicle powertrain components.

ADP:NAS Automatic Data Processing

http://www.adp.com
Automatic Data Processing has 57000 employees and is headquartered in United States.
Automatic Data Processing Inc is the provider of technology-based outsourcing solutions to employers and vehicle retailers and manufacturers.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Shire (SHPG:NAS) and Regeneron Pharmaceuticals (REGN:NAS) Are Undervalued

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com/registration2.aspx

I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.

Undervalued Stocks on NASDAQ

Today we are looking at companies that are considered undervalued based on the Analyst data in the StockCalc database.

In the table below we can see the close price and target price for these companies along with the number of analysts covering the stock. We also have included the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year.

There can be a number of reasons why a company would be on this list. What is particularly interesting are companies with a large analyst following that make this list. We need to dig deeper into these companies to understand why the difference in price versus target.

Today’s Data on NASDAQ

Today’s data is for companies listed on the NASDAQ.

Symbol Name Target Year Close Price Target Price Mean Currency Target Price # of Estimates
GOOG Alphabet Inc 2017 862.760000 982.9091 USD 11
GOOGL Alphabet Inc 2017 878.930000 982.9091 USD 11
AMZN Amazon.com Inc 2017 907.410000 946.8000 USD 10
PCLN The Priceline Group Inc 2017 1798.620000 1870.7140 USD 7
BIIB Biogen Inc 2017 276.860000 309.6667 USD 6
SHPG Shire PLC 2017 175.710000 229.8451 USD 3
REGN Regeneron Pharmaceuticals Inc 2017 371.930000 455.6000 USD 5
EQIX Equinix Inc 2017 404.030000 447.3333 USD 3
ALXN Alexion Pharmaceuticals Inc 2017 119.540000 158.3333 USD 3
ORLY O’Reilly Automotive Inc 2017 269.280000 308.2000 USD 5
ULTA Ulta Beauty Inc 2018 278.210000 317.7500 USD 4
SBNY Signature Bank 2017 141.710000 178.0000 USD 1
TSRO Tesaro Inc 2017 137.150000 188.0000 USD 2
ULTI The Ultimate Software Group Inc 2017 209.920000 241.0000 USD 7
SINA SINA Corp 2017 73.250000 105.0000 USD 2
RGLD Royal Gold Inc 2018 72.440000 122.4029 CAD 2
LANC Lancaster Colony Corp 2018 129.720000 160.0000 USD 1
ICPT Intercept Pharmaceuticals Inc 2017 111.110000 190.8000 USD 5
AGIO Agios Pharmaceuticals Inc 2017 47.370000 82.5000 USD 2
MSTR MicroStrategy Inc 2017 190.670000 225.5000 USD 2
ACIA Acacia Communications Inc 2017 53.170000 100.0000 USD 1
SRPT Sarepta Therapeutics Inc 2017 34.020000 87.0000 USD 2
STMP Stamps.com Inc 2017 112.700000 153.5000 USD 2
ATRA Atara Biotherapeutics Inc 2017 15.950000 47.0000 USD 1
ROSG Rosetta Genomics Ltd 2017 2.500000 33.0001 USD 2

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

SHPG:NAS Shire

http://www.shire.com
Shire has 23906 employees and is headquartered in Ireland.
Shire PLC is a biotech company. The Company is engaged in research, development, licensing, manufacturing, marketing, distribution and sale of specialist medicines for patients with rare diseases and other select conditions.

REGN:NAS Regeneron Pharmaceuticals

http://www.regeneron.com
Regeneron Pharmaceuticals has 5400 employees and is headquartered in United States.
Regeneron Pharmaceuticals Inc is a fully integrated biopharmaceutical company. It discovers, invents, develops, manufactures, and commercializes medicines for the treatment of serious medical conditions.

Free Valuation

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The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Honeywell International (HON:NYS) and NextEra Energy (NEE:NYS) Upgraded

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Have a free look inside the StockCalc website at www.stockcalc.com/registration2.aspx

I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/toppicks.aspx.

Upgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been upgraded by at least one analyst in the last few days.

Why Do Companies Get Upgraded?

Companies can get upgraded for a number of reasons, but primarily due to improved future earnings potential due to new contracts, new products, cost savings or restructuring.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
HON Honeywell International Inc 6 0 2 0 0 0 4.5000 4.4286 Outperform
NEE NextEra Energy Inc 5 0 1 1 0 0 4.2857 4.1667 Outperform
TRV The Travelers Companies Inc 2 0 3 0 0 0 3.8000 3.4000 Outperform
RMD ResMed Inc 1 0 2 0 0 0 3.6667 3.5000 Outperform
PF Pinnacle Foods Inc 3 0 0 1 0 0 4.2500 4.0000 Outperform
FLO Flowers Foods Inc 1 0 1 0 0 0 4.0000 3.6667 Outperform
MMS Maximus Inc 1 0 2 0 0 0 3.6667 3.0000 Outperform
SFR Colony Starwood Homes 1 0 1 0 0 0 4.0000 3.0000 Outperform
KNX Knight Transportation Inc 3 0 2 0 2 0 3.2857 3.0000 Hold
USNA Usana Health Sciences Inc 1 0 0 0 0 0 5.0000 4.0000 Buy
ATTO Atento S.A 1 0 0 0 0 0 5.0000 0.0000 Buy
BTU Peabody Energy Corp 1 0 0 0 0 0 5.0000 3.0000 Buy
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
OTEX Open Text Corp 7 4 0 0 0 0 4.6364 4.5000 Buy
IGM IGM Financial Inc 0 1 5 0 0 0 3.1667 3.0000 Hold
CPX Capital Power Corp 2 2 3 0 1 0 3.5000 2.6667 Hold
CEU Canadian Energy Services & Technology Corp 6 3 1 0 0 0 4.5000 4.4000 Outperform
PLI ProMetic Life Sciences Inc 6 3 1 0 0 0 4.5000 4.4444 Outperform
SOY SunOpta Inc 1 0 0 0 0 0 5.0000 4.0000 Buy
BDI Black Diamond Group Ltd 4 3 0 0 2 0 3.7778 3.6667 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
CA CA Inc 2 0 3 0 1 0 3.3333 3.0000 Hold
MLCO Melco Resorts and Entertainment Ltd 4 0 0 1 0 0 4.4000 4.2500 Outperform
OTEX Open Text Corp 7 4 0 0 0 0 4.6364 4.5000 Buy
MAT Mattel Inc 3 0 0 0 0 0 5.0000 4.6667 Buy
VEON VEON Ltd 2 0 1 0 0 0 4.3333 4.0000 Outperform
LANC Lancaster Colony Corp 1 0 2 0 0 0 3.6667 3.5000 Outperform
TERP TerraForm Power Inc 1 0 2 0 0 0 3.6667 3.5000 Outperform
HTLD Heartland Express Inc 0 0 4 0 1 0 2.6000 2.4000 Hold
TREE LendingTree Inc 2 1 1 0 0 0 4.2500 3.7500 Outperform
SPWR SunPower Corp 1 0 4 0 0 0 3.4000 3.3333 Hold
EPAY Bottomline Technologies Inc 2 0 1 0 0 0 4.3333 4.0000 Outperform
STKL SunOpta Inc 1 0 0 0 0 0 5.0000 4.0000 Buy
PLYA Playa Hotels & Resorts NV 1 0 0 0 0 0 5.0000 0.0000 Buy

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

HON:NYS Honeywell International

http://www.honeywell.com
Honeywell International has 131000 employees and is headquartered in United States.
Honeywell International Inc is a technology & manufacturing company, serving customers with aerospace products & services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, chemicals.

NEE:NYS NextEra Energy

http://www.nexteraenergy.com
NextEra Energy has 8900 employees and is headquartered in United States.
NextEra Energy Inc is an electric power company in North America. It generates renewable energy from wind and sun. The company also owns generation, transmission and distribution facilities and has investments in gas infrastructure assets.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Concordia International (CXR:TSE) and Zargon Oil & Gas (ZAR:TSE) Trading at Less than Cash Value

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Trading at Less than Cash Value

Today we are looking at companies trading at less than cash value meaning companies whose current share price is less than the cash per share on the balance sheet. We also show the value of cash net debt per share to show how much cash per share would be left if the debt was paid off.

What this Means…

Companies can have more cash per share than the actual share price for a number of reasons including they just raised capital, are in industries that experience high burn rates and will eat through the cash quickly or if there is a lot of uncertainty about the future of the company. Companies earning a positive net income will have a P/E greater than 0 and are worth exploring in more detail.

Today’s Data on TSE

Today’s data is for companies listed on the Toronto Stock Exchange.

Symbol Name Close Price Shares Outstanding P/E P/B Cash per Share Net Cash per Share
ATH Athabasca Oil Corp 1.360000 406490101 None 0.3550 1.60 0.26
CF Canaccord Genuity Group Inc 4.720000 91780305 None 0.8174 5.12 4.30
S Sherritt International Corp 0.900000 294174923 None 0.2411 0.91 -6.66
GMP GMP Capital Inc 3.310000 78171000 None 1.1559 6.71 6.00
CXR Concordia International Corp 1.810000 51089556 None 0.3222 7.79 -61.61
ZAR Zargon Oil & Gas Ltd 0.670000 30670000 None 0.5984 0.78 -1.07
TRZ Transat A.T. Inc 5.210000 36911719 None 0.4524 12.32 13.96
NKO Niko Resources Ltd 0.080000 94049967 0.0174 None 0.17 -2.23
NPS Northern Power Systems Corp 0.190000 23613884 None None 0.23 0.16
CZQ Continental Precious Minerals Inc 0.275000 11706896 None 0.5501 0.48 None
GII.UN.DL Global Diversified Investment Grade Income Trust II 0.210000 9778651 10.5000 0.7582 0.26 None
PNC.A Postmedia Network Canada Corp 0.610000 1874639 None None 13.41 -169.74
PNC.B Postmedia Network Canada Corp 0.600000 1874639 None None 13.41 -169.74
MNT Royal Canadian Mint 18.340000 4000 None None 23651.75 11260.75
MNS Royal Canadian Mint 14.300000 4000 None None 23651.75 11260.75
CSF.DL Cash Store Financial Services Inc 0.135000 17571813 None None 0.60 -7.59
LTS.DL Lightstream Resources Ltd 0.115000 198992000 None None 0.20 -1.60
STP.DL Southern Pacific Resources Corp 0.005000 397959000 None None 0.07 -1.38

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

CXR:TSE Concordia International

http://www.concordiarx.com
Concordia International has 516 employees and is headquartered in Canada.
Concordia International Corp is a diverse, international pharmaceutical company focused on legacy pharmaceutical products and orphan drugs. It has three business segments: Concordia North America, Orphan Drug Division and the Concordia International.

ZAR:TSE Zargon Oil & Gas

http://www.zargon.ca
Zargon Oil & Gas has 19 employees and is headquartered in Canada.
Zargon Oil & Gas Ltd is engaged in the exploration, development and production of oil and natural gas in Canada and the United States and conducts many of its activities jointly with others.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Ecolab (ECL:NYS) and Southern Copper (SCCO:NYS) Are Fully Valued

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com/registration2.aspx

I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.

Fully Valued Stocks on NYSE

Today we are looking at companies that are considered fully valued based on the Analyst data in the StockCalc database.

In this table we can see the close price and target price for these companies along with the number of analysts covering the stock. We also have included the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year.

There can be a number of reasons why a company would be on this list. What is particularly interesting are companies with a large analyst following that make this list. We need to dig deeper into these companies to understand why the difference in price versus target.

Today’s Data on NYSE

Today’s data is for companies listed on the New York Stock Exchange.

Symbol Name Target Year Close Price Target Price Mean Currency Target Price # of Estimates
ECL Ecolab Inc 2017 127.300000 114.2857 USD 7
SCCO Southern Copper Corp 2017 35.520000 26.0000 USD 2
TSN Tyson Foods Inc 2017 65.390000 54.0000 USD 2
BCR C.R. Bard Inc 2017 302.410000 243.5000 USD 2
CLX Clorox Co 2018 134.930000 121.0000 USD 4
BBY Best Buy Co Inc 2018 51.150000 39.6000 USD 5
ADS Alliance Data Systems Corp 2017 260.870000 235.5000 USD 6
CMG Chipotle Mexican Grill Inc 2017 468.790000 415.8000 USD 5
MTD Mettler-Toledo International Inc 2017 498.730000 432.6667 USD 3
WYN Wyndham Worldwide Corp 2017 91.790000 72.0000 USD 1
CC The Chemours Co 2017 39.220000 27.0000 USD 1
WCG WellCare Health Plans Inc 2017 152.650000 137.5000 USD 2
OHI Omega Healthcare Investors Inc 2017 34.340000 25.0000 USD 1
WST West Pharmaceutical Services Inc 2017 82.440000 50.0000 USD 1
WUBA 58.com Inc 2017 38.960000 25.0000 USD 1
KEX Kirby Corp 2017 72.100000 62.0000 USD 1
GEF.B Greif Inc 2017 66.100000 56.6500 USD 2
VAC Marriott Vacations Worldwide Corp 2017 105.350000 80.0000 USD 1
KRO Kronos Worldwide Inc 2017 17.110000 8.0000 USD 1
NSP Insperity Inc 2017 89.750000 79.0000 USD 1
DDS Dillard’s Inc 2018 54.380000 44.0000 USD 1
NBLX Noble Midstream Partners LP 2017 49.990000 39.0000 USD 1
KRA Kraton Corp 2017 33.350000 24.0000 USD 1
GCO Genesco Inc 2018 52.700000 40.0000 USD 1
EXCU Exelon Corp 2017 49.810000 39.0000 USD 4

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

ECL:NYS Ecolab

http://www.ecolab.com
Ecolab has 47565 employees and is headquartered in United States.
Ecolab Inc develops and markets cleaning and sanitizing premium programs, products and services for the hospitality, foodservice, healthcare, industrial and energy markets.

SCCO:NYS Southern Copper

http://www.southerncoppercorp.com
Southern Copper has 13414 employees and is headquartered in United States.
Southern Copper Corp is a producer of copper, molybdenum, zinc and silver. The Company’s segments include Peruvian operations, Mexican open-pit operations and Mexican underground mining operations.

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Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Cheniere Energy Partners (CQP:ASE) and CRH Medical (CRHM:ASE) Are Undervalued

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Have a free look inside the StockCalc website at www.stockcalc.com/registration2.aspx

I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.

Undervalued Stocks on AMEX

Today we are looking at companies that are considered undervalued based on the Analyst data in the StockCalc database.

In the table below we can see the close price and target price for these companies along with the number of analysts covering the stock. We also have included the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year.

There can be a number of reasons why a company would be on this list. What is particularly interesting are companies with a large analyst following that make this list. We need to dig deeper into these companies to understand why the difference in price versus target.

Today’s Data on AMEX

Today’s data is for companies listed on the American Stock Exchange.

Symbol Name Target Year Close Price Target Price Mean Currency Target Price # of Estimates
CQP Cheniere Energy Partners LP 2017 32.200000 36.6667 USD 3
NG Novagold Resources Inc 2017 4.280000 8.0000 CAD 2
TXMD TherapeuticsMD Inc 2017 4.890000 24.0000 USD 2
MAG MAG Silver Corp 2017 12.230000 25.3086 CAD 9
PARR Par Pacific Holdings Inc 2017 16.520000 23.0000 USD 1
KLDX Klondex Mines Ltd 2017 3.520000 7.0278 CAD 9
SAND Sandstorm Gold Ltd 2017 4.120000 7.6071 CAD 7
REI Ring Energy Inc 2017 12.050000 19.2500 USD 2
CRHM CRH Medical Corp 2017 6.800000 11.1409 CAD 11
MTNB Matinas BioPharma Holdings Inc 2017 2.930000 7.0000 USD 2
AST Asterias Biotherapeutics Inc 2017 3.400000 12.0000 USD 1
OCX OncoCyte Corp 2017 5.950000 10.0000 USD 1
PLG Platinum Group Metals Ltd 2017 1.230000 5.0000 CAD 1
UUUU Energy Fuels Inc 2017 1.980000 6.4266 CAD 1
DLA Delta Apparel Inc 2017 17.970000 26.0000 USD 1
GDP Goodrich Petroleum Corp 2017 14.000000 23.0000 USD 1
VISI Volt Information Sciences Inc 2017 6.000000 14.0000 USD 1
PLX Protalix BioTherapeutics Inc 2017 1.040000 5.0000 USD 1
USAPF Americas Silver Corp 2017 3.190000 9.5750 CAD 2
UFAB Unique Fabricating Inc 2017 11.540000 17.0000 USD 1
AINC Ashford Inc 2017 55.410000 65.0000 USD 1
VNRX VolitionRX Ltd 2017 3.780000 8.5000 USD 2
SYN Synthetic Biologics Inc 2017 0.502500 7.0000 USD 1
JOB GEE Group Inc 2017 5.850000 10.0000 USD 1
APHB Ampliphi Biosciences Corp 2017 3.540000 30.0000 USD 1

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

CQP:ASE Cheniere Energy Partners

http://www.cheniereenergypartners.com
Cheniere Energy Partners has 911 employees and is headquartered in United States.
Cheniere Energy Partners LP through its wholly-owned subsidiary owns and operates Sabine Pass LNG receiving terminal and Creole Trail Pipeline located in Louisiana.

CRHM:ASE CRH Medical

http://investors.crhsystem.com
CRH Medical has 17 employees and is headquartered in Canada.
CRH Medical Corp provides anesthesiology services to gastroenterologists in the United States through its subsidiaries and also specializes in the treatment of hemorrhoids utilizing its treatment protocol and patented proprietary technology.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.