| This report should not be construed as providing investment
advice. It is for educational purposes only.
Before making any investment decision, you should always do your own
research or consult a investment professional. |
|
|
|
|
|
|
|
|
|
|
|
|
|
| While I try to
be accurate, I assume no responsibility for any figure in this spreadsheet. |
|
|
|
|
|
|
6/30/11 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| See my website
on stocks or see my blog at the following sites. |
|
www.spbrunner.com/stocks.html |
|
www.spbrunner.blogspot.com/ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ARC Resources
Ltd. |
|
www.arcresources.com |
|
|
TSX: |
ARX |
|
Fiscal Yr: |
Dec 31 |
|
|
YR 2011 |
YR 2012 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Year |
12/31/99 |
12/31/00 |
12/31/01 |
12/31/02 |
12/31/03 |
12/31/04 |
12/31/05 |
12/31/06 |
12/31/07 |
12/31/08 |
12/31/09 |
12/31/10 |
12/31/11 |
12/30/12 |
|
|
|
#Y |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Accting rules |
|
|
|
|
|
|
|
|
|
|
|
C GAAP |
IFRS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Comment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenue* |
$155.2 |
$316.3 |
$515.5 |
$444.8 |
$731.2 |
$901.8 |
$1,165.2 |
$1,230.5 |
$1,251.6 |
$1,706.4 |
$978.2 |
$1,213.7 |
$1,398.0 |
$1,601.0 |
|
283.75% |
<-Total Growth |
10 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Increase |
131.21% |
103.79% |
62.99% |
-13.71% |
64.38% |
23.32% |
29.21% |
5.60% |
1.71% |
36.34% |
-42.67% |
24.07% |
15.18% |
14.52% |
|
14.39% |
<-IRR #YR-> |
10 |
Revenue |
|
|
|
|
|
|
|
|
|
|
|
|
| Rev per Share |
$2.90 |
$4.36 |
$4.66 |
$3.61 |
$4.09 |
$4.85 |
$5.85 |
$6.02 |
$5.95 |
$7.78 |
$4.13 |
$4.27 |
$4.92 |
$5.63 |
|
0.82% |
<-IRR #YR-> |
5 |
Revenue |
|
|
|
|
|
|
|
|
|
|
|
|
| P/S (Price/Sales) |
3.06 |
2.61 |
2.52 |
3.35 |
3.47 |
3.67 |
4.53 |
3.70 |
3.43 |
2.58 |
4.82 |
5.95 |
4.29 |
3.74 |
|
-0.22% |
<-IRR #YR-> |
10 |
Per Share |
|
|
|
|
|
|
|
|
|
|
|
|
| *Revenue in M
CDN $ before Royalties |
|
|
|
|
|
P/S |
10 yr |
3.57 |
5 yr |
3.70 |
|
|
|
-6.12% |
<-IRR #YR-> |
5 |
Per sahre |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$316.3 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$1,213.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$1,165.2 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$1,213.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$4.36 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$4.27 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$5.85 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$4.27 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Distri Cash Flow |
$1.74 |
$2.82 |
$2.55 |
$1.87 |
$2.56 |
$2.45 |
$3.35 |
$3.59 |
$3.35 |
$4.37 |
$2.11 |
$2.37 |
$2.81 |
|
|
-15.97% |
<-Total Growth |
10 |
Distri Cash |
|
|
|
|
|
|
|
|
|
|
|
|
| Increase |
48.72% |
62.07% |
-9.57% |
-26.67% |
36.90% |
-4.30% |
36.73% |
7.16% |
-6.69% |
30.45% |
-51.72% |
12.31% |
18.58% |
|
|
-1.72% |
<-IRR #YR-> |
10 |
Distri Cash |
|
|
|
|
|
|
|
|
|
|
|
|
| Payout R Dis |
77.6% |
71.3% |
90.6% |
83.4% |
70.3% |
73.5% |
59.4% |
66.9% |
71.6% |
61.1% |
61.6% |
50.6% |
42.7% |
|
|
-6.69% |
<-IRR #YR-> |
5 |
Distri Cash |
|
|
|
|
|
|
|
|
|
|
|
|
| P/DI |
5.09 |
4.04 |
4.60 |
6.47 |
5.54 |
7.27 |
7.91 |
6.21 |
6.09 |
4.60 |
9.44 |
10.72 |
7.50 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Trailing P/DI |
7.56 |
6.55 |
4.16 |
4.75 |
7.58 |
6.96 |
10.82 |
6.66 |
5.68 |
6.00 |
4.56 |
12.04 |
8.89 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Distributable Cash (DI) per share, now cash
flow from Operating Activivies. |
|
|
Payout |
61.61% |
P/E: Y-T |
6.21 |
6.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$2.82 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.37 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$3.35 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.37 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| EPS* |
$0.64 |
$1.74 |
$1.38 |
$0.59 |
$1.82 |
$1.31 |
$1.90 |
$2.28 |
$2.39 |
$2.50 |
$0.96 |
$0.99 |
$1.32 |
$1.14 |
|
-43.10% |
<-Total Growth |
10 |
Earnings |
|
|
|
|
|
|
|
|
|
|
|
|
| Increase |
-216.36% |
171.88% |
-20.69% |
-57.25% |
208.47% |
-28.02% |
45.04% |
20.00% |
4.82% |
4.60% |
-61.60% |
3.13% |
33.33% |
-13.64% |
|
-5.48% |
<-IRR #YR-> |
10 |
Earnings |
|
|
|
|
|
|
|
|
|
|
|
|
| Earnings Yield |
7.2% |
15.3% |
11.8% |
4.9% |
12.8% |
7.4% |
7.2% |
10.2% |
11.7% |
12.4% |
4.8% |
3.9% |
6.3% |
5.4% |
|
-12.22% |
<-IRR #YR-> |
5 |
Earnings |
|
|
|
|
|
|
|
|
|
|
|
|
| * ESP per
share (Cdn GAAP) |
|
|
|
|
|
|
E/P |
10 Yrs |
8.79% |
5Yrs |
10.22% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$1.74 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.99 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$1.90 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.99 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Distri* |
$1.35 |
$2.01 |
$2.31 |
$1.56 |
$1.80 |
$1.80 |
$1.99 |
$2.40 |
$2.40 |
$2.67 |
$1.30 |
$1.20 |
$1.20 |
$1.20 |
|
-40.30% |
<-Total Growth |
10 |
Dividends |
|
|
|
|
|
|
|
|
|
|
|
|
| Increase |
12.50% |
48.89% |
14.93% |
-32.47% |
15.38% |
0.00% |
10.56% |
20.60% |
0.00% |
11.25% |
-51.31% |
-7.69% |
0.00% |
0.00% |
|
5.28% |
<-Median-> |
10 |
Dividends |
|
|
|
|
|
|
|
|
|
|
|
|
| Yield H/L |
17.59% |
19.66% |
19.50% |
12.78% |
14.16% |
11.11% |
8.99% |
9.50% |
11.23% |
10.91% |
7.73% |
5.33% |
|
|
|
11.01% |
<-Median-> |
10 |
Dividends |
|
|
|
|
|
|
|
|
|
|
|
|
| Yield on High |
14.75% |
16.82% |
17.50% |
11.76% |
12.69% |
10.10% |
7.32% |
7.87% |
10.06% |
7.86% |
5.94% |
4.62% |
|
|
|
8.97% |
<-Median-> |
10 |
Dividends |
|
|
|
|
|
|
|
|
|
|
|
|
| Yield on Low |
21.77% |
23.65% |
22.02% |
13.98% |
16.00% |
12.34% |
11.64% |
11.99% |
12.70% |
17.79% |
11.08% |
6.30% |
|
|
|
12.52% |
<-Median-> |
10 |
Dividends |
|
|
|
|
|
|
|
|
|
|
|
|
| Yield on Cl |
15.25% |
17.63% |
19.68% |
12.89% |
12.69% |
10.10% |
7.51% |
10.76% |
11.76% |
13.28% |
6.53% |
4.72% |
5.70% |
5.70% |
|
11.26% |
<-Median-> |
10 |
Dividends |
|
|
|
|
|
|
|
|
|
|
|
|
| Payout Ratio |
210.9% |
115.5% |
167.4% |
264.4% |
98.9% |
137.4% |
104.7% |
105.3% |
100.4% |
106.8% |
135.4% |
121.2% |
90.9% |
105.3% |
|
114.01% |
<-Median-> |
10 |
Dividends |
|
|
|
|
|
|
|
|
|
|
|
|
| Payout Ratio |
103.9% |
87.9% |
100.6% |
85.5% |
79.4% |
74.9% |
64.2% |
66.8% |
71.6% |
62.0% |
61.8% |
50.6% |
39.2% |
38.7% |
|
69.19% |
<-Median-> |
10 |
Dividends |
|
|
|
|
|
|
|
|
|
|
|
|
| Average 5 Yrs |
Div Yd |
6.60% |
5 |
7.65% |
10 |
|
Yield |
9.50% |
10.76% |
Payout |
106.80% |
61.97% |
|
|
|
-5.03% |
<-IRR #YR-> |
10 |
Dividends |
|
|
|
|
|
|
|
|
|
|
|
|
| * Dividends per share. |
|
3.0% |
Years |
3.0% |
Years |
|
|
Last Div Inc ---> |
$0.12 |
$0.10 |
-16.7% |
|
|
|
-9.62% |
<-IRR #YR-> |
5 |
Dividends |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$2.01 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$1.20 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$1.99 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$1.20 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| H/LYield held 5 yrs |
|
|
20.22% |
13.33% |
21.18% |
23.45% |
19.46% |
20.26% |
19.66% |
21.00% |
8.02% |
5.42% |
4.75% |
5.61% |
|
19.94% |
<-Median-> |
10 |
Dividends |
|
|
|
|
|
|
|
|
|
|
|
|
| H/LYield held 10 yrs |
|
|
|
|
|
|
|
21.01% |
20.51% |
31.41% |
16.94% |
11.74% |
10.13% |
9.83% |
|
20.51% |
<-Median-> |
5 |
Dividends |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Graham No. |
$9.33 |
$16.13 |
$15.16 |
$9.74 |
$18.63 |
$15.49 |
$19.65 |
$21.78 |
$22.61 |
$23.21 |
$14.61 |
$15.82 |
$18.31 |
$17.01 |
|
-1.97% |
<-Total Growth |
10 |
Graham Price |
|
|
|
|
|
|
|
|
|
|
|
| Prem /Disc.Med H/L |
-17.73% |
-36.63% |
-21.84% |
25.39% |
-31.75% |
4.59% |
12.70% |
15.95% |
-5.46% |
5.46% |
15.05% |
42.31% |
|
|
|
9.08% |
<-Median-> |
10 |
Graham Price |
|
|
|
|
|
|
|
|
|
|
|
| Prem /Disc. High |
-1.92% |
-25.94% |
-12.90% |
36.17% |
-23.89% |
15.02% |
38.43% |
40.01% |
5.48% |
46.26% |
49.82% |
64.19% |
|
|
|
37.30% |
<-Median-> |
10 |
Graham Price |
|
|
|
|
|
|
|
|
|
|
|
| Prem /Disc. Low |
-33.54% |
-47.32% |
-30.78% |
14.61% |
-39.62% |
-5.83% |
-13.02% |
-8.11% |
-16.41% |
-35.34% |
-19.72% |
20.44% |
|
|
|
-14.72% |
<-Median-> |
10 |
Graham Price |
|
|
|
|
|
|
|
|
|
|
|
| Prem /Disc. Cl |
-5.14% |
-41.53% |
-29.09% |
19.52% |
-31.39% |
13.05% |
25.88% |
2.35% |
-10.83% |
-15.48% |
26.62% |
37.75% |
13.12% |
19.26% |
|
7.70% |
<-Median-> |
10 |
Graham Price |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Price Cl |
$8.85 |
$11.40 |
$11.74 |
$12.10 |
$14.18 |
$17.82 |
$26.51 |
$22.30 |
$20.40 |
$20.10 |
$19.91 |
$25.41 |
$21.07 |
$21.07 |
|
122.89% |
<-Total Growth |
10 |
Stock Price |
|
|
|
|
|
|
|
|
|
|
|
|
| Increase |
45.08% |
28.81% |
2.98% |
3.07% |
17.19% |
25.67% |
48.77% |
-15.88% |
-8.52% |
-1.47% |
-0.95% |
27.62% |
-17.08% |
0.00% |
|
8.35% |
<-IRR #YR-> |
10 |
Stock Price |
|
|
|
|
|
|
|
|
|
|
|
|
| P/E |
13.83 |
6.55 |
8.51 |
20.51 |
7.79 |
13.60 |
13.95 |
9.78 |
8.54 |
8.04 |
20.74 |
25.67 |
15.96 |
18.48 |
|
-0.84% |
<-IRR #YR-> |
5 |
Stock Price |
|
|
|
|
|
|
|
|
|
|
|
|
| Trailing P/E |
-16.09 |
17.81 |
6.75 |
8.77 |
24.03 |
9.79 |
20.24 |
11.74 |
8.95 |
8.41 |
7.96 |
26.47 |
21.28 |
15.96 |
|
21.65% |
<-IRR #YR-> |
10 |
Price & Div |
|
|
|
|
|
|
|
|
|
|
|
|
| Median 5 Yrs |
|
|
7.82% |
13.30% |
Div % |
5, 10 yrs |
|
Price Inc |
-1.5% |
P/E: Y-T |
9.8 |
8.9 |
|
|
|
6.97% |
<-IRR #YR-> |
5 |
Price & Div |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$11.40 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$25.41 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$26.51 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$25.41 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$11.40 |
$2.31 |
$1.56 |
$1.80 |
$1.80 |
$1.99 |
$2.40 |
$2.40 |
$2.67 |
$1.30 |
$26.61 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$26.51 |
$2.40 |
$2.40 |
$2.67 |
$1.30 |
$26.61 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Price H/L Median |
$7.68 |
$10.23 |
$11.85 |
$12.21 |
$12.72 |
$16.21 |
$22.15 |
$25.25 |
$21.38 |
$24.48 |
$16.81 |
$22.51 |
|
|
|
120.15% |
<-Total Growth |
10 |
Stock Price |
|
|
|
|
|
|
|
|
|
|
|
|
| Increase |
-9.71% |
33.22% |
15.84% |
3.08% |
4.14% |
27.45% |
36.66% |
14.02% |
-15.35% |
14.53% |
-31.33% |
33.91% |
|
|
|
8.21% |
<-IRR #YR-> |
10 |
Stock Price |
|
|
|
|
|
|
|
|
|
|
|
|
| P/E |
11.99 |
5.88 |
8.58 |
20.69 |
6.99 |
12.37 |
11.66 |
11.07 |
8.94 |
9.79 |
17.51 |
22.74 |
|
|
|
0.33% |
<-IRR #YR-> |
5 |
Stock Price |
|
|
|
|
|
|
|
|
|
|
|
|
| Trailing P/E |
-13.95 |
15.98 |
6.81 |
8.85 |
21.55 |
8.90 |
16.90 |
13.29 |
9.38 |
10.24 |
6.72 |
23.45 |
|
|
|
23.22% |
<-IRR #YR-> |
10 |
Price & Div |
|
|
|
|
|
|
|
|
|
|
|
|
| Median 5 Yrs |
|
|
9.23% |
15.01% |
Div % |
5, 10 yrs |
|
Price Inc |
14.0% |
P/E: Y-T |
11.1 |
10.2 |
|
|
|
9.56% |
<-IRR #YR-> |
5 |
Price & Div |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$10.23 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$22.51 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$22.15 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$22.51 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$10.23 |
$2.31 |
$1.56 |
$1.80 |
$1.80 |
$1.99 |
$2.40 |
$2.40 |
$2.67 |
$1.30 |
$23.71 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$22.15 |
$2.40 |
$2.40 |
$2.67 |
$1.30 |
$23.71 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Hi Mths |
Sep |
Sep |
May |
Apr |
Dec |
Dec |
Dec |
Aug |
May |
Jun |
Oct |
Dec |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Price Hi |
$9.15 |
$11.95 |
$13.20 |
$13.26 |
$14.18 |
$17.82 |
$27.20 |
$30.49 |
$23.85 |
$33.95 |
$21.89 |
$25.97 |
|
|
|
117.32% |
<-Total Growth |
10 |
Stock Price |
|
|
|
|
|
|
|
|
|
|
|
|
| Increase |
-16.06% |
30.60% |
10.46% |
0.45% |
6.94% |
25.67% |
52.64% |
12.10% |
-21.78% |
42.35% |
-35.52% |
18.64% |
|
|
|
8.07% |
<-IRR #YR-> |
10 |
Stock Price |
|
|
|
|
|
|
|
|
|
|
|
|
| P/E |
14.30 |
6.87 |
9.57 |
22.47 |
7.79 |
13.60 |
14.32 |
13.37 |
9.98 |
13.58 |
22.80 |
26.23 |
|
|
|
-0.92% |
<-IRR #YR-> |
5 |
Stock Price |
|
|
|
|
|
|
|
|
|
|
|
|
| Trailing P/E |
-16.64 |
18.67 |
7.59 |
9.61 |
24.03 |
9.79 |
20.76 |
16.05 |
10.46 |
14.21 |
8.76 |
27.05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Median 5 Yrs |
|
|
|
|
|
|
|
Price Inc |
12.1% |
P/E: Y-T |
13.6 |
14.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$11.95 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$25.97 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$27.20 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$25.97 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Low Mths |
Mar |
Jan-Mar |
Sep/Nov |
Dec |
Mar |
Jun |
Mar |
Dec |
Nov |
Oct |
Mar |
Aug |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Price Low |
$6.20 |
$8.50 |
$10.49 |
$11.16 |
$11.25 |
$14.59 |
$17.09 |
$20.01 |
$18.90 |
$15.01 |
$11.73 |
$19.05 |
|
|
|
124.12% |
<-Total Growth |
10 |
Stock Price |
|
|
|
|
|
|
|
|
|
|
|
|
| Increase |
1.64% |
37.10% |
23.41% |
6.39% |
0.81% |
29.69% |
17.14% |
17.09% |
-5.55% |
-20.58% |
-21.85% |
62.40% |
|
|
|
8.40% |
<-IRR #YR-> |
10 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| P/E |
9.69 |
4.89 |
7.60 |
18.92 |
6.18 |
11.14 |
8.99 |
8.78 |
7.91 |
6.00 |
12.22 |
19.24 |
|
|
|
2.20% |
<-IRR #YR-> |
5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Trailing P/E |
-11.27 |
13.28 |
6.03 |
8.09 |
19.07 |
8.02 |
13.05 |
10.53 |
8.29 |
6.28 |
4.69 |
19.84 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Median 5 Yrs |
|
|
|
|
|
|
|
Price Inc |
-5.5% |
P/E: Y-T |
8.8 |
8.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$8.50 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$19.05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$17.09 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$19.05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Market Cap |
$474 |
$827 |
$1,299 |
$1,492 |
$2,535 |
$3,311 |
$5,278 |
$4,556 |
$4,289 |
$4,406 |
$4,711 |
$7,226 |
$5,992 |
$5,992 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Inc Reason |
acquisition |
cash |
acquisition |
acquisition |
cash/debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| # of Sh in M |
53.607 |
72.524 |
110.609 |
123.305 |
178.780 |
185.822 |
199.104 |
204.289 |
210.232 |
219.200 |
236.615 |
284.379 |
284.379 |
284.379 |
|
|
Unit Holders Capital |
Shares |
|
|
|
|
|
|
|
|
|
|
|
|
| Increase |
109.37% |
35.29% |
52.51% |
11.48% |
44.99% |
3.94% |
7.15% |
2.60% |
2.91% |
4.27% |
7.94% |
20.19% |
0.00% |
0.00% |
|
15.80% |
<-Average |
10 |
Shares |
|
|
|
|
|
|
|
|
|
|
|
|
| CF fr Op $M |
69.7 |
165.9 |
253.9 |
225.0 |
405.3 |
446.4 |
616.7 |
734.0 |
704.9 |
944.4 |
497.4 |
673.9 |
870.2 |
881.6 |
|
|
|
|
Cash Flow |
|
|
|
|
|
|
|
|
|
|
|
|
| OPS |
$1.30 |
$2.29 |
$2.30 |
$1.82 |
$2.27 |
$2.40 |
$3.10 |
$3.59 |
$3.35 |
$4.31 |
$2.10 |
$2.37 |
$3.06 |
$3.10 |
|
3.59% |
<-Total Growth |
10 |
Cash Flow |
|
|
|
|
|
|
|
|
|
|
|
|
| Non-Cash CF |
$11.2 |
$13.4 |
$6.4 |
-$1.0 |
-$9.1 |
-$1.6 |
$17.9 |
$16.0 |
$5.7 |
-$20.3 |
$11.9 |
-$1.1 |
$0.0 |
$0.0 |
|
0.35% |
<-IRR #YR-> |
10 |
Cash Flow |
|
|
|
|
|
|
|
|
|
|
|
|
| OPS non-cash |
$1.51 |
$2.47 |
$2.35 |
$1.82 |
$2.22 |
$2.39 |
$3.19 |
$3.67 |
$3.38 |
$4.22 |
$2.15 |
$2.37 |
$3.06 |
$3.10 |
|
-5.22% |
<-IRR #YR-> |
5 |
Cash Flow |
|
|
|
|
|
|
|
|
|
|
|
|
| P/O on Cl |
5.87 |
4.61 |
4.99 |
6.66 |
6.40 |
7.44 |
8.32 |
6.07 |
6.04 |
4.77 |
9.25 |
10.74 |
6.89 |
6.80 |
|
-0.44% |
<-IRR #YR-> |
10 |
Cash Flow |
|
|
|
|
|
|
|
|
|
|
|
|
| *Operational
Cash Flow per share |
|
|
|
|
|
P/CF |
10 Yrs |
7.07 |
5 Yrs |
7.37 |
|
|
|
-5.79% |
<-IRR #YR-> |
5 |
Cash Flow |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$2.29 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.37 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$3.10 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.37 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$2.47 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.37 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$3.19 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.37 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| OPM |
44.89% |
52.46% |
49.25% |
50.57% |
55.42% |
49.50% |
52.93% |
59.65% |
56.32% |
55.34% |
50.85% |
55.52% |
|
|
|
should be zero, it is a check
on calculations |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Increase |
-17.08% |
-3.10% |
-9.03% |
-6.58% |
2.38% |
-8.56% |
-2.23% |
10.19% |
4.03% |
2.23% |
-6.07% |
2.56% |
|
|
|
0.00 |
<-Median-> |
10 |
OPM |
|
|
|
|
|
|
|
|
|
|
|
|
| *Operational
Profit Margin (CF/Revenue) Ratio |
|
|
|
|
OPM |
10 Yrs |
54.14% |
5 Yrs |
55.52% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Curr Assets |
$43.19 |
$52.14 |
$58.55 |
$57.43 |
$91.46 |
$109.47 |
$140.10 |
$176.70 |
$201.60 |
$195.10 |
$147.10 |
$243.10 |
$200.40 |
|
|
Liq ratio of 1.5 and up, best |
|
Assets |
|
|
|
|
|
|
|
|
|
|
|
|
| Curr Liab. |
$27.42 |
$45.81 |
$52.75 |
$67.50 |
$130.18 |
$166.52 |
$195.59 |
$237.40 |
$280.30 |
$250.40 |
$203.30 |
$273.50 |
$353.40 |
|
|
0.73 |
<-Median-> |
10 |
Liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
| Liquidity |
1.57 |
1.14 |
1.11 |
0.85 |
0.70 |
0.66 |
0.72 |
0.74 |
0.72 |
0.78 |
0.72 |
0.89 |
0.57 |
|
|
0.74 |
<-Median-> |
5 |
Ratio |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Assets |
$505.62 |
$662.85 |
$1,382.1 |
$1,494.6 |
$2,281.7 |
$2,305.0 |
$3,251.2 |
$3,479.0 |
$3,533.0 |
$3,766.7 |
$3,914.5 |
$4,946.5 |
$5,053.4 |
|
|
A/L ratio of 1.5 and up, best |
|
Assets |
|
|
|
|
|
|
|
|
|
|
|
|
| Liab. |
$181.61 |
$180.60 |
$563.88 |
$613.90 |
$729.9 |
$755.6 |
$1,415.6 |
$1,550.6 |
$1,491.3 |
$1,624.6 |
$1,540.1 |
$1,752.4 |
$1,844.6 |
|
|
2.44 |
<-Median-> |
10 |
Liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
| Liquidity |
2.78 |
3.67 |
2.45 |
2.43 |
3.13 |
3.05 |
2.30 |
2.24 |
2.37 |
2.32 |
2.54 |
2.82 |
2.74 |
|
|
2.37 |
<-Median-> |
5 |
Ratio |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Liab. Inc NCI CK |
|
|
$564 |
$614 |
$766 |
$792 |
|
|
|
|
|
$1,752 |
$1,845 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Non-Cont Int |
$0 |
$0 |
$0 |
$0 |
$36 |
$36 |
$38 |
$40 |
$43 |
$42 |
$36 |
$0 |
$0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Book Value |
$324 |
$482 |
$818 |
$881 |
$1,515 |
$1,513 |
$1,798 |
$1,888 |
$1,999 |
$2,100 |
$2,338 |
$3,194 |
$3,209 |
|
|
562.33% |
<-Total Growth |
10 |
Book Value |
|
|
|
|
|
|
|
|
|
|
|
|
| BV per share |
$6.04 |
$6.65 |
$7.40 |
$7.14 |
$8.48 |
$8.14 |
$9.03 |
$9.24 |
$9.51 |
$9.58 |
$9.88 |
$11.23 |
$11.28 |
$11.28 |
|
68.91% |
<-Total Growth |
10 |
Book Value |
|
|
|
|
|
|
|
|
|
|
|
|
| Change |
-7.51% |
10.02% |
11.24% |
-3.44% |
18.67% |
-3.92% |
10.89% |
2.36% |
2.84% |
0.76% |
3.17% |
13.65% |
0.46% |
|
|
0.8799 |
Current/Historical |
|
Book Value |
|
|
|
|
|
|
|
|
|
|
|
|
| P/BV (CL) |
1.46 |
1.71 |
1.59 |
1.69 |
1.67 |
2.19 |
2.94 |
2.41 |
2.15 |
2.10 |
2.01 |
2.26 |
1.87 |
|
|
5.38% |
<-IRR #YR-> |
10 |
Book Value |
|
|
|
|
|
|
|
|
|
|
|
|
| Change |
56.86% |
17.09% |
-7.42% |
6.73% |
-1.25% |
30.80% |
34.16% |
-17.82% |
-11.05% |
-2.21% |
-3.99% |
12.29% |
-17.46% |
|
|
4.46% |
<-IRR #YR-> |
5 |
Book Value |
|
|
|
|
|
|
|
|
|
|
|
|
| Leverage (A/BK) |
1.56 |
1.37 |
1.69 |
1.70 |
1.51 |
1.52 |
1.81 |
1.84 |
1.77 |
1.79 |
1.67 |
1.55 |
1.57 |
|
|
1.69 |
<-Median-> |
10 |
A/BV |
|
|
|
|
|
|
|
|
|
|
|
|
| Debt/Equity Ratio |
0.56 |
0.37 |
0.69 |
0.70 |
0.48 |
0.50 |
0.79 |
0.82 |
0.75 |
0.77 |
0.66 |
0.55 |
0.57 |
|
|
0.69 |
<-Median-> |
10 |
Debt/Eq Ratio |
|
|
|
|
|
|
|
|
|
|
|
| Sharerholders
Equity (Assets less liabilities) |
|
|
|
|
|
P/BV |
10 yr Ave |
2.12 |
5 yr Ave |
2.15 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$6.65 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$11.23 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$9.03 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$11.23 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ROE |
|
|
|
|
|
|
|
24.4% |
24.4% |
25.6% |
9.5% |
8.2% |
8.3% |
<-12 mths |
|
24.36% |
<-Median-> |
5 |
Compreh. Inc |
|
|
|
|
|
|
|
|
|
|
|
| Comprehensive Inc |
|
|
|
|
|
|
|
$460.10 |
$487.50 |
$537.80 |
$222.60 |
$261.30 |
$267.60 |
<-12 mths |
|
|
|
|
Compreh. Inc |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ROE |
9.2% |
23.0% |
17.2% |
8.1% |
19.1% |
16.0% |
19.9% |
24.4% |
24.8% |
25.4% |
9.5% |
8.2% |
12.3% |
<-12 mths |
|
Net Income/Shareholders'
equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 5Yr Median |
|
8.8% |
9.2% |
9.2% |
17.2% |
17.2% |
17.2% |
19.1% |
19.9% |
24.4% |
24.4% |
24.4% |
12.3% |
<-12 mths |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Income |
$29.84 |
$110.87 |
$140.69 |
$71.05 |
$290.20 |
$241.69 |
$356.94 |
$460.10 |
$495.30 |
$533.00 |
$222.80 |
$260.80 |
$395.80 |
<-12 mths |
|
135.23% |
<-Total Growth |
10 |
Net Income |
|
|
|
|
|
|
|
|
|
|
|
|
| Oper C. F. |
$69.67 |
$165.91 |
$253.87 |
$224.97 |
$405.28 |
$446.42 |
$616.71 |
$734.00 |
$704.90 |
$944.40 |
$497.40 |
$673.90 |
$680.60 |
<-12 mths |
|
|
C F Statement |
|
Oper C. F. |
|
|
|
|
|
|
|
|
|
|
|
|
| Invest. C. F |
-$35.60 |
-$206.36 |
-$122.47 |
-$206.05 |
-$192.16 |
-$179.77 |
-$861.63 |
-$510.70 |
-$413.80 |
-$555.90 |
-$551.20 |
-$566.80 |
-$456.90 |
<-12 mths |
|
|
C F Statement |
|
Invest. C. F |
|
|
|
|
|
|
|
|
|
|
|
|
| Accruals |
-$4.23 |
$151.33 |
$9.28 |
$52.13 |
$77.08 |
-$24.96 |
$601.86 |
$236.80 |
$204.20 |
$144.50 |
$276.60 |
$153.70 |
$172.10 |
<-12 mths |
|
|
|
|
Accruals |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Assets |
$505.62 |
$662.85 |
$1,382.1 |
$1,494.6 |
$2,281.7 |
$2,305.0 |
$3,251.2 |
$3,479.0 |
$3,533.0 |
$3,766.7 |
$3,914.5 |
$4,946.5 |
$5,053.4 |
<-12 mths |
|
|
Balance Sheet |
|
Assets |
|
|
|
|
|
|
|
|
|
|
|
|
| Accruals Ratio |
-0.84% |
22.83% |
0.67% |
3.49% |
3.38% |
-1.08% |
18.51% |
6.81% |
5.78% |
3.84% |
7.07% |
3.11% |
3.41% |
<-12 mths |
|
|
|
|
Ratio |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fin C. F. |
|
|
|
|
|
|
$240.50 |
-$220.50 |
-$286.90 |
-$355.50 |
$13.80 |
-$106.80 |
-$351.80 |
<-12 mths |
|
|
C F Statement |
|
Fin. C. F |
|
|
|
|
|
|
|
|
|
|
|
|
| Accruals |
|
|
|
|
|
|
$361.36 |
$457.30 |
$491.10 |
$500.00 |
$262.80 |
$260.50 |
$523.90 |
<-12 mths |
|
|
|
|
Accruals |
|
|
|
|
|
|
|
|
|
|
|
|
| Accruals Ratio |
|
|
|
|
|
|
11.11% |
13.14% |
13.90% |
13.27% |
6.71% |
5.27% |
10.37% |
<-12 mths |
|
|
|
|
Ratio |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Sep 25,
2011. Estimates I got for 2010 and
2011 when I last looked were $2.44 and $2.81 for distributable income, $1.18
and $1.22 for earnings and $2.61 and $3.09 for CF. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Company was
converted from an Income Trust ARC Energy Trust (TSX-AET.UN) To ARC Resources
Ltd. (TSX-ARX), January 2011. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aug 24,
2010. When I last looked, I got 2010
and 2011 Distri CF of $2.44 and $2.81, Earnings of $1.05 and $1.22 and CF of
$2.70 and $2.90 and Dis of $1.20 and $1.20. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The company
expects to convert to a corporation in 2011 with distribution depending on
commodities prices. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Apr 28,
2010. I last got estimates for 2009
and 2010 for Distributable Cash of $2.08 and $1.92, earnings of $.53 and
$1.05 and cash flow of $2.00 and $2.80. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| In May 2009
when I looked for DI, I got, for 2009 and 2010 $1.85 and $2.80. For earnings
I got $.26 and $1.01. For Cash Flow I
got $1.85 and $2.80. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| May 11, 2009
AR 2008. when I looked at this stock
in Jan 2009, I got Distributable cash flow of $4.35 and earnings of $2.48 and
they came at $4.37 and $2.50. Close. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Formed in
1966 as an Income Trust. The shares
are always increasing due to dividend reinvestment program. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Dividends can vary due to the price of oil. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| How they make
their money. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ARC
Resources Ltd. is one of Canada's leading conventional oil and gas companies.
Its focus is on acquiring and developing long-life oil and gas properties
across western Canada. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Industry: Oil
and Gas (Oil and Gas Producers) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Foreign |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
|
|
|
|
0.00% |
<-Average |
8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Cap Gain |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
0% |
|
|
|
|
|
|
0.00% |
<-Average |
8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Taxable Inc |
21% |
45% |
68% |
68% |
85% |
94% |
98% |
98% |
97% |
|
|
|
|
|
|
81.63% |
<-Average |
8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Ret of Cap. |
79% |
55% |
32% |
32% |
15% |
6% |
2% |
2% |
3% |
|
|
|
|
|
|
18.38% |
<-Average |
8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| For Tax Cr |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| For most
ratios, lower is better when looking for a good stock price. However, there are exceptions such as for
yield and asset/liability ratios and here you want a higher ratios to
indicate a good stock price. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Also, for
the Operational Profit Margin, a higher percentage is better. With the OPM, you should only compare
companies in similar industries. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Copyright ©
2008 Website of SPBrunner. All rights reserved. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|