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. |
|
|
|
|
|
|
|
|
Estimates |
Estimates |
Estimates |
|
|
|
|
|
|
|
See my website
on stocks or see my blog at the following sites. |
|
|
https://spbrunner.com/stocks.html |
|
https://spbrunner.blogspot.com/ |
|
Q2 2023 |
|
|
|
|
|
|
|
|
|
Exchange Income Corp |
|
|
|
TSX: |
EIF |
OTC: |
EIFZF |
https://www.exchangeincomecorp.ca |
Fiscal Yr: |
Dec 31 |
|
|
|
|
|
|
|
|
|
|
|
Year |
12/31/10 |
12/31/11 |
12/31/12 |
12/31/13 |
12/31/14 |
12/31/15 |
12/31/16 |
12/31/17 |
12/31/18 |
12/31/19 |
12/31/20 |
12/31/21 |
12/31/22 |
12/31/23 |
12/31/24 |
12/31/25 |
|
Value |
Description |
#Y |
Item |
Total G |
|
Accounting Rules |
C GAAP |
IFRS |
IFRS |
IFRS |
IFRS |
IFRS |
IFRS |
IFRS |
IFRS |
IFRS |
IFRS |
IFRS |
IFRS |
IFRS |
IFRS |
IFRS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$2,365.8 |
<-12 mths |
14.88% |
|
|
|
|
|
|
|
Revenue* |
$244.69 |
$510.30 |
$800.57 |
$1,030.08 |
$542.50 |
$807.40 |
$891.03 |
$1,012.95 |
$1,203.39 |
$1,341.37 |
$1,149.63 |
$1,413.15 |
$2,059.37 |
$2,441 |
$2,727 |
$2,886 |
|
157.24% |
<-Total Growth |
10 |
Revenue |
|
|
Increase |
15.83% |
108.55% |
56.88% |
28.67% |
-47.33% |
48.83% |
10.36% |
13.68% |
18.80% |
11.47% |
-14.29% |
22.92% |
45.73% |
18.53% |
11.72% |
5.83% |
|
9.91% |
<-IRR #YR-> |
10 |
Revenue |
157.24% |
|
5 year Running Average |
$161.0 |
$246.0 |
$384.9 |
$559.4 |
$625.6 |
$738.2 |
$814.3 |
$856.8 |
$891.5 |
$1,051.2 |
$1,119.7 |
$1,224.1 |
$1,433.4 |
$1,680.9 |
$1,958.0 |
$2,305.3 |
|
15.25% |
<-IRR #YR-> |
5 |
Revenue |
103.30% |
|
Revenue per Share |
$16.85 |
$29.33 |
$38.79 |
$47.35 |
$24.10 |
$29.22 |
$30.95 |
$32.34 |
$38.43 |
$38.65 |
$32.41 |
$36.48 |
$48.48 |
$57.46 |
$64.20 |
$67.94 |
|
14.05% |
<-IRR #YR-> |
10 |
5 yr Running Average |
272.41% |
|
Increase |
-13.99% |
74.02% |
32.27% |
22.07% |
-49.10% |
21.22% |
5.91% |
4.52% |
18.82% |
0.58% |
-16.15% |
12.55% |
32.90% |
18.53% |
11.72% |
5.83% |
|
10.84% |
<-IRR #YR-> |
5 |
5 yr Running Average |
67.30% |
|
5 year Running Average |
$20.45 |
$20.13 |
$24.11 |
$30.39 |
$31.29 |
$33.76 |
$34.08 |
$32.79 |
$31.01 |
$33.92 |
$34.56 |
$35.66 |
$38.89 |
$42.70 |
$47.81 |
$54.91 |
|
2.25% |
<-IRR #YR-> |
10 |
Revenue Per share |
24.97% |
|
P/S (Price/Sales) Med |
0.91 |
0.73 |
0.66 |
0.49 |
0.82 |
0.83 |
1.08 |
1.05 |
0.80 |
0.96 |
0.91 |
1.13 |
0.94 |
0.91 |
0.00 |
0.00 |
|
8.43% |
<-IRR #YR-> |
5 |
Revenue Per share |
49.89% |
|
P/S (Price/Sales) Close |
1.04 |
0.87 |
0.66 |
0.48 |
0.96 |
0.98 |
1.35 |
1.10 |
0.74 |
1.16 |
1.13 |
1.16 |
1.09 |
0.82 |
0.74 |
0.70 |
|
4.90% |
<-IRR #YR-> |
10 |
5 yr Running Average |
61.33% |
|
*Revenue in M CDN $ |
|
|
|
|
P/S Med |
20 yr |
0.80 |
15 yr |
0.83 |
10 yr |
1.09 |
5 yr |
1.13 |
|
-24.74% |
Diff M/C |
|
3.47% |
<-IRR #YR-> |
5 |
5 yr Running Average |
18.59% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$800.6 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$2,059.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$1,013.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$2,059.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
-$384.9 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$1,433.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$856.8 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$1,433.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
-$38.79 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$48.48 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$32.34 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$48.48 |
|
|
|
|
|
|
|
|
|
|
|
|
|
-$24.11 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$38.89 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$32.79 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$38.89 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$186.8 |
<-12 mths |
6.05% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$4.45 |
<-12 mths |
2.06% |
|
|
|
|
|
|
|
Free Cash Flow |
$24.20 |
$29.50 |
$30.80 |
$27.06 |
$35.12 |
$74.41 |
$91.58 |
$91.95 |
$114.37 |
$126.08 |
$113.33 |
$147.15 |
$176.10 |
$205.73 |
$230.94 |
$251.08 |
|
471.77% |
<-Total Growth |
10 |
Free Cash Flow |
|
|
Free CFPS Basic* |
$1.84 |
$2.05 |
$2.30 |
$1.26 |
$1.59 |
$3.02 |
$3.25 |
$2.97 |
$3.64 |
$3.89 |
$3.23 |
$3.95 |
$4.36 |
|
|
|
|
89.96% |
<-Total Growth |
10 |
Free CFPS Basic |
Flow |
|
Free Cash Flow Diluted* |
$1.78 |
$1.79 |
$2.11 |
$1.26 |
$1.55 |
$2.90 |
$3.00 |
$2.81 |
$3.58 |
$3.48 |
$2.94 |
$3.68 |
$3.99 |
$3.96 |
$4.20 |
$4.65 |
|
88.91% |
<-Total Growth |
10 |
Free CFPS Diluted |
Free Cash |
|
Increase |
-19.77% |
0.61% |
17.93% |
-40.34% |
23.02% |
87.30% |
3.33% |
-6.33% |
27.40% |
-2.79% |
-15.52% |
25.17% |
8.42% |
-0.75% |
6.06% |
10.71% |
|
6.57% |
<-IRR #YR-> |
10 |
Free CFPS Basic |
89.96% |
|
FCF Yield |
10.1% |
7.0% |
8.2% |
5.6% |
6.7% |
10.2% |
7.2% |
7.9% |
12.7% |
7.8% |
8.0% |
8.7% |
7.6% |
8.4% |
8.9% |
9.8% |
|
7.26% |
<-IRR #YR-> |
5 |
Free CFPS Basic |
46.80% |
|
5 year Running Average |
|
|
$2.09 |
$1.83 |
$1.70 |
$1.92 |
$2.17 |
$2.30 |
$2.77 |
$3.15 |
$3.16 |
$3.30 |
$3.53 |
$3.61 |
$3.75 |
$4.10 |
|
5.38% |
<-IRR #YR-> |
10 |
5 year Running Average |
68.92% |
|
Payout Ratio |
87.63% |
89.33% |
76.94% |
133.33% |
108.71% |
62.00% |
66.00% |
74.73% |
60.54% |
63.79% |
77.55% |
61.96% |
59.90% |
63.64% |
60.00% |
54.19% |
|
8.93% |
<-IRR #YR-> |
5 |
5 year Running Average |
53.34% |
|
DPR EPS 5 Yr Running |
|
|
75.04% |
87.59% |
95.96% |
87.25% |
81.01% |
80.23% |
70.31% |
65.09% |
67.98% |
67.00% |
64.16% |
64.76% |
63.88% |
59.72% |
|
75.27% |
<-Median-> |
10 |
Payout 5 yr Running Average |
|
|
Price/FCF Median |
8.65 |
12.03 |
12.18 |
18.57 |
12.74 |
8.36 |
11.11 |
12.12 |
8.63 |
10.68 |
10.08 |
11.23 |
11.39 |
13.16 |
0.00 |
0.00 |
|
11.17 |
<-Median-> |
10 |
Price/FCF Median |
|
|
Price/FCF High |
9.94 |
14.18 |
13.63 |
22.87 |
15.48 |
9.82 |
15.03 |
14.91 |
9.92 |
13.18 |
15.26 |
12.85 |
13.28 |
14.00 |
0.00 |
0.00 |
|
14.10 |
<-Median-> |
10 |
Price/FCF High |
|
|
Price/FCF Low |
7.36 |
9.88 |
10.73 |
14.28 |
9.99 |
6.90 |
7.18 |
9.33 |
7.33 |
8.19 |
4.90 |
9.61 |
9.51 |
12.31 |
0.00 |
0.00 |
|
8.76 |
<-Median-> |
10 |
Price/FCF Low |
|
|
Price/FCF Close |
9.86 |
14.19 |
12.21 |
17.94 |
14.97 |
9.82 |
13.92 |
12.68 |
7.89 |
12.84 |
12.46 |
11.45 |
13.19 |
11.94 |
11.26 |
10.17 |
|
12.76 |
<-Median-> |
10 |
Price/FCF Close |
|
|
Trailing P/FCF Close |
7.91 |
14.27 |
14.39 |
10.70 |
18.41 |
18.39 |
14.38 |
11.88 |
10.06 |
12.48 |
10.53 |
14.33 |
14.30 |
11.85 |
11.94 |
11.26 |
|
13.39 |
<-Median-> |
10 |
Trailing P/FCF Close |
|
|
Median Values |
|
DPR |
10 Yrs |
64.90% |
5 Yrs |
61.96% |
P/CF |
5 Yrs |
in order |
10.68 |
13.18 |
8.19 |
12.46 |
|
11.81% |
Diff M/C |
|
6.96% |
Diff M/C |
10 |
DPR 75% to 95% best |
|
|
*Distributable cash
to Free Cash Flow less Maintenance Capital Expenditures (CAPEX) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$2.11 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$3.99 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$2.81 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$3.99 |
|
|
|
|
|
|
|
|
|
|
|
|
|
-$2.09 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$3.53 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$2.30 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$3.53 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$141.6 |
<-12 mths |
6.53% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$3.25 |
<-12 mths |
3.83% |
|
|
|
|
|
|
|
Adjusted Profit CDN$ |
|
|
|
$13.1 |
$14.8 |
$51.6 |
$72.1 |
$79.7 |
$92.4 |
$102.1 |
$47.2 |
$86.0 |
$132.9 |
|
|
|
|
|
|
|
|
|
|
Basic |
$1.00 |
$1.24 |
$1.26 |
$0.61 |
$0.67 |
$2.09 |
$2.56 |
$2.58 |
$2.94 |
$3.15 |
$1.35 |
$2.31 |
$3.29 |
|
|
|
|
161.11% |
<-Total Growth |
10 |
AEPS |
|
|
AEPS* Dilued |
$0.97 |
$1.21 |
$1.25 |
$0.61 |
$0.66 |
$2.04 |
$2.43 |
$2.47 |
$2.80 |
$2.97 |
$1.31 |
$2.26 |
$3.13 |
$3.29 |
$4.13 |
$4.81 |
|
150.40% |
<-Total Growth |
10 |
AEPS |
|
|
Increase |
-30.22% |
24.74% |
3.31% |
-51.17% |
8.14% |
209.09% |
19.12% |
1.65% |
13.36% |
6.07% |
-55.89% |
72.52% |
38.50% |
5.11% |
25.53% |
16.46% |
|
10 |
0 |
10 |
Years of Data, EPS P or N |
100.00% |
|
AEPS Yield |
5.53% |
4.76% |
4.85% |
2.70% |
2.84% |
7.16% |
5.82% |
6.93% |
9.91% |
6.65% |
3.58% |
5.36% |
5.95% |
6.96% |
8.73% |
10.17% |
|
9.61% |
<-IRR #YR-> |
10 |
AEPS |
150.40% |
|
5 year Running Average |
$1.24 |
$1.15 |
$1.07 |
$1.09 |
$0.94 |
$1.15 |
$1.40 |
$1.64 |
$2.08 |
$2.54 |
$2.40 |
$2.36 |
$2.49 |
$2.59 |
$2.82 |
$3.52 |
|
4.85% |
<-IRR #YR-> |
5 |
AEPS |
26.72% |
|
Payout Ratio |
160.82% |
132.23% |
130.00% |
275.26% |
255.30% |
88.24% |
81.48% |
85.02% |
77.41% |
74.75% |
174.05% |
100.88% |
76.36% |
76.60% |
61.02% |
52.39% |
|
8.79% |
<-IRR #YR-> |
10 |
5 yr Running Average |
132.22% |
|
5 year Running Average |
142.19% |
153.51% |
161.78% |
162.11% |
190.72% |
176.21% |
166.06% |
157.06% |
117.49% |
81.38% |
98.54% |
102.42% |
100.69% |
100.53% |
97.78% |
73.45% |
|
8.72% |
<-IRR #YR-> |
5 |
5 yr Running Average |
51.88% |
|
Price/AEPS Median |
15.88 |
17.81 |
20.58 |
38.34 |
29.92 |
11.90 |
13.71 |
13.79 |
11.03 |
12.52 |
22.62 |
18.28 |
14.52 |
15.84 |
0.00 |
0.00 |
|
14.16 |
<-Median-> |
10 |
Price/AEPS Median |
|
|
Price/AEPS High |
18.25 |
20.99 |
23.03 |
47.20 |
36.36 |
13.98 |
18.56 |
16.97 |
12.69 |
15.44 |
34.25 |
20.92 |
16.92 |
16.85 |
0.00 |
0.00 |
|
17.76 |
<-Median-> |
10 |
Price/AEPS High |
|
|
Price/AEPS Low |
13.51 |
14.62 |
18.13 |
29.48 |
23.47 |
9.82 |
8.87 |
10.62 |
9.38 |
9.60 |
10.99 |
15.65 |
12.12 |
14.82 |
0.00 |
0.00 |
|
10.80 |
<-Median-> |
10 |
Price/AEPS Low |
|
|
Price/AEPS Close |
18.09 |
21.00 |
20.62 |
37.03 |
35.15 |
13.98 |
17.18 |
14.43 |
10.09 |
15.05 |
27.97 |
18.65 |
16.81 |
14.38 |
11.45 |
9.83 |
|
17.00 |
<-Median-> |
10 |
Price/AEPS Close |
|
|
Trailing P/AEPS Close |
12.63 |
26.20 |
21.31 |
18.08 |
38.01 |
43.20 |
20.47 |
14.67 |
11.44 |
15.96 |
12.34 |
32.17 |
23.29 |
15.11 |
14.38 |
11.45 |
|
19.27 |
<-Median-> |
10 |
Trailing P/AEPS Close |
|
|
Median Values |
|
DPR |
10 Yrs |
86.63% |
5 Yrs |
77.41% |
P/CF |
5 Yrs |
in order |
14.52 |
16.92 |
10.99 |
16.81 |
|
-1.01% |
Diff M/C |
|
|
|
|
DPR 75% to 95% best |
|
|
* Adjusted Earnings per
Share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$1.25 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$3.13 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$2.47 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$3.13 |
|
|
|
|
|
|
|
|
|
|
|
|
|
-$1.07 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.49 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$1.64 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.49 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$2.80 |
<-12 mths |
6.06% |
|
|
|
|
|
|
|
Difference Basic and
Diluted |
3.00% |
2.42% |
0.79% |
0.00% |
0.00% |
1.84% |
2.75% |
3.00% |
3.11% |
3.49% |
2.50% |
2.17% |
2.94% |
|
|
|
|
2.63% |
<-Median-> |
10 |
Difference Basic and Diluted |
|
EPS Basic |
$1.00 |
$1.24 |
$1.26 |
$0.42 |
$0.37 |
$1.63 |
$2.18 |
$2.33 |
$2.25 |
$2.58 |
$0.80 |
$1.84 |
$2.72 |
|
|
|
|
115.87% |
<-Total Growth |
10 |
EPS Basic |
diff mostly |
|
EPS Diluted* |
$0.97 |
$1.21 |
$1.25 |
$0.42 |
$0.37 |
$1.60 |
$2.12 |
$2.26 |
$2.18 |
$2.49 |
$0.78 |
$1.80 |
$2.64 |
$2.76 |
$3.31 |
$3.68 |
|
111.20% |
<-Total Growth |
10 |
EPS Diluted |
Conv Deb |
|
Increase |
-30.22% |
24.74% |
3.31% |
-66.40% |
-11.90% |
332.43% |
32.50% |
6.60% |
-3.54% |
14.22% |
-68.67% |
130.77% |
46.67% |
4.55% |
19.93% |
11.18% |
|
10 |
0 |
10 |
Years of Data, EPS P or N |
|
|
Earnings Yield |
5.5% |
4.8% |
4.8% |
1.9% |
1.6% |
5.6% |
5.1% |
6.3% |
7.7% |
5.6% |
2.1% |
4.3% |
5.0% |
5.8% |
7.0% |
7.8% |
|
7.76% |
<-IRR #YR-> |
10 |
Earnings per Share |
111.20% |
|
5 year Running Average |
$1.24 |
$1.15 |
$1.07 |
$1.05 |
$0.84 |
$0.97 |
$1.15 |
$1.35 |
$1.71 |
$2.13 |
$1.97 |
$1.90 |
$1.98 |
$2.09 |
$2.26 |
$2.84 |
|
3.16% |
<-IRR #YR-> |
5 |
Earnings per Share |
16.81% |
|
10 year Running Average |
|
|
|
$1.13 |
$1.09 |
$1.10 |
$1.15 |
$1.21 |
$1.38 |
$1.49 |
$1.47 |
$1.53 |
$1.67 |
$1.90 |
$2.19 |
$2.40 |
|
6.30% |
<-IRR #YR-> |
10 |
5 yr Running Average |
84.17% |
|
* Diluted ESP per
share |
|
|
|
|
|
|
|
|
E/P |
10 Yrs |
5.05% |
5Yrs |
5.02% |
|
|
|
|
7.88% |
<-IRR #YR-> |
5 |
5 yr Running Average |
46.09% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$1.25 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.64 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$2.26 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.64 |
|
|
|
|
|
|
|
|
|
|
|
|
|
-$1.07 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$1.98 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$1.35 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$1.98 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividend* |
|
|
|
|
|
|
|
|
|
|
|
|
|
$2.53 |
$2.63 |
$2.68 |
|
|
Estimates |
|
Dividend* |
|
|
Increase |
|
|
|
|
|
|
|
|
|
|
|
|
|
5.86% |
3.95% |
1.90% |
|
|
Estimates |
|
Increase |
|
|
Payout Ratio EPS |
|
|
|
|
|
|
|
|
|
|
|
|
|
91.67% |
79.46% |
72.83% |
|
|
Estimates |
|
Payout Ratio EPS |
|
|
Special Dividend |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
|
$0.00 |
<-Median-> |
10 |
Special Dividends |
|
|
Dividend* |
$1.56 |
$1.60 |
$1.63 |
$1.68 |
$1.69 |
$1.80 |
$1.98 |
$2.10 |
$2.17 |
$2.22 |
$2.28 |
$2.28 |
$2.39 |
$2.52 |
$2.52 |
$2.52 |
|
47.08% |
<-Total Growth |
10 |
Dividends |
|
|
Increase |
0.00% |
2.56% |
1.56% |
3.38% |
0.30% |
6.82% |
10.00% |
6.06% |
3.21% |
2.42% |
2.70% |
0.00% |
4.82% |
5.44% |
0.00% |
0.00% |
|
16 |
0 |
18 |
Years of data, Count P, N |
|
|
Average Increases 5 Year
Running |
8.71% |
5.38% |
2.39% |
2.23% |
1.56% |
2.93% |
4.41% |
5.31% |
5.28% |
5.70% |
4.88% |
2.88% |
2.63% |
3.08% |
2.59% |
2.05% |
|
3.67% |
<-Median-> |
10 |
Average Incr 5 Year Running |
|
Dividends 5 Yr Running |
$1.46 |
$1.53 |
$1.57 |
$1.61 |
$1.63 |
$1.68 |
$1.75 |
$1.85 |
$1.95 |
$2.05 |
$2.15 |
$2.21 |
$2.27 |
$2.34 |
$2.40 |
$2.45 |
|
44.43% |
<-Total Growth |
10 |
Dividends 5 Yr Running |
|
|
Yield H/L Price |
10.13% |
7.43% |
6.32% |
7.18% |
8.53% |
7.42% |
5.94% |
6.16% |
7.02% |
5.97% |
7.69% |
5.52% |
5.26% |
4.84% |
|
|
|
6.59% |
<-Median-> |
10 |
Yield H/L Price |
|
|
Yield on High Price |
8.81% |
6.30% |
5.64% |
5.83% |
7.02% |
6.31% |
4.39% |
5.01% |
6.10% |
4.84% |
5.08% |
4.82% |
4.51% |
4.55% |
|
|
|
5.05% |
<-Median-> |
10 |
Yield on High
Price |
|
|
Yield on Low Price |
11.91% |
9.04% |
7.17% |
9.34% |
10.88% |
8.99% |
9.19% |
8.01% |
8.26% |
7.79% |
15.83% |
6.45% |
6.30% |
5.17% |
|
|
|
8.62% |
<-Median-> |
10 |
Yield on Low Price |
|
|
Yield on Close Price |
8.89% |
6.30% |
6.30% |
7.43% |
7.26% |
6.31% |
4.74% |
5.89% |
7.67% |
4.97% |
6.22% |
5.41% |
4.54% |
5.33% |
5.33% |
5.33% |
|
6.06% |
<-Median-> |
10 |
Yield on Close Price |
|
|
Payout Ratio EPS |
160.82% |
132.23% |
130.00% |
400.00% |
455.41% |
112.50% |
93.40% |
92.92% |
99.43% |
89.16% |
292.31% |
126.67% |
90.53% |
91.30% |
76.13% |
68.48% |
|
105.96% |
<-Median-> |
10 |
DPR EPS |
|
|
DPR EPS 5 Yr Running |
118.28% |
133.39% |
146.18% |
153.15% |
193.13% |
172.99% |
152.26% |
136.56% |
114.10% |
96.41% |
109.33% |
116.17% |
114.64% |
111.65% |
106.20% |
86.19% |
|
126.36% |
<-Median-> |
10 |
DPR EPS 5 Yr Running |
|
|
Payout Ratio CFPS |
88.48% |
49.91% |
-160.12% |
-574.14% |
37.99% |
49.82% |
53.06% |
52.74% |
41.22% |
35.46% |
31.11% |
30.99% |
30.30% |
31.39% |
#VALUE! |
#DIV/0! |
|
36.73% |
<-Median-> |
10 |
DPR CF |
|
|
DPR CF 5 Yr Running |
62.07% |
68.99% |
90.14% |
123.68% |
100.66% |
84.35% |
83.74% |
59.76% |
46.30% |
44.95% |
40.46% |
36.60% |
33.25% |
31.71% |
#VALUE! |
#DIV/0! |
|
53.03% |
<-Median-> |
10 |
DPR CF 5 Yr Running |
|
|
Payout Ratio CFPS WC |
82.78% |
44.14% |
42.77% |
70.61% |
44.00% |
45.85% |
38.65% |
36.52% |
30.82% |
29.37% |
36.51% |
33.42% |
28.49% |
31.39% |
#VALUE! |
#DIV/0! |
|
36.51% |
<-Median-> |
10 |
DPR CF WC |
|
|
DPR CF WC 5 Yr Running |
60.00% |
63.71% |
58.09% |
57.27% |
52.52% |
47.78% |
46.02% |
44.01% |
37.93% |
34.94% |
33.89% |
33.07% |
31.45% |
31.56% |
#VALUE! |
#DIV/0! |
|
40.97% |
<-Median-> |
10 |
DPR CF WC 5 Yr Running |
|
|
Median Values |
10 Yr Med |
10 Yr Cl |
6.59% |
6.06% |
5 Yr Med |
5 Yr Cl |
5.97% |
5.41% |
5 Yr Med |
Payout |
99.43% |
31.11% |
30.82% |
|
|
|
|
2.62% |
<-IRR #YR-> |
5 |
Dividends |
13.81% |
|
* Dividends per
share |
10 Yr Med |
and Cur. |
-19.16% |
-12.05% |
5 Yr Med |
and Cur. |
-10.79% |
-1.53% |
Last Div Inc ---> |
$0.200 |
$0.210 |
5.00% |
|
|
|
|
3.93% |
<-IRR #YR-> |
10 |
Dividends |
47.08% |
|
Dividends Growth 15 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3.41% |
<-IRR #YR-> |
15 |
Dividends |
65.40% |
|
Dividends Growth 20 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8.61% |
<-IRR #YR-> |
18 |
Dividends |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividends Growth 5 |
|
|
|
|
|
|
|
-$2.10 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.39 |
|
|
|
|
|
|
|
Dividends Growth 5 |
|
|
Dividends Growth 10 |
|
|
-$1.63 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.39 |
|
|
|
|
|
|
|
Dividends Growth 10 |
|
|
Dividends Growth 15 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.39 |
|
|
|
|
|
|
|
Dividends Growth 15 |
|
|
Dividends Growth 20 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.39 |
|
|
|
|
|
|
|
Dividends Growth 20 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Historical Dividends |
Historical |
High Div |
17.43% |
Low Div |
4.51% |
10 Yr High |
15.34% |
10 Yr Low |
4.40% |
Med Div |
7.42% |
Close Div |
6.31% |
|
|
|
|
|
|
|
Historical Dividends |
|
|
High/Ave/Median Values |
Curr diff |
Exp. |
-69.43% |
Exp |
18.13% |
Exp. |
-65.27% |
|
21.08% |
Exp. |
-28.20% |
Exp. |
-15.62% |
|
|
|
|
|
|
|
High/Ave/Median |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Historical Dividends |
Historical |
High Div |
16.63% |
Low Div |
4.45% |
10 Yr High |
15.34% |
10 Yr Low |
4.43% |
Med Div |
7.10% |
Close Div |
6.30% |
|
|
|
|
From 2009 |
chge to Corp. |
|
Historical Dividends |
|
|
High/Ave/Median Values |
Curr diff |
Exp. |
-67.96% |
Exp |
19.72% |
Exp. |
-65.27% |
|
20.26% |
Exp. |
-24.96% |
Exp. |
-15.43% |
|
|
|
|
|
|
|
High/Ave/Median |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Future Dividend Yield |
|
|
|
|
Div Yield |
6.06% |
earning in |
5 |
Years |
at IRR of |
2.62% |
Div Inc. |
13.81% |
|
|
|
|
|
|
|
Future Dividend Yield |
|
|
Future Dividend Yield |
|
|
|
|
Div Yield |
6.90% |
earning in |
10 |
Years |
at IRR of |
2.62% |
Div Inc. |
29.53% |
|
|
|
|
|
|
|
Future Dividend Yield |
|
|
Future Dividend Yield |
|
|
|
|
Div Yield |
7.85% |
earning in |
15 |
Years |
at IRR of |
2.62% |
Div Inc. |
47.41% |
|
|
|
|
|
|
|
Future Dividend Yield |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Future Dividend Paid |
|
|
|
|
Div Paid |
$2.87 |
earning in |
5 |
Years |
at IRR of |
2.62% |
Div Inc. |
13.81% |
|
|
|
|
|
|
|
Future Dividend Paid |
|
|
Future Dividend Paid |
|
|
|
|
Div Paid |
$3.26 |
earning in |
10 |
Years |
at IRR of |
2.62% |
Div Inc. |
29.53% |
|
|
|
|
|
|
|
Future Dividend Paid |
|
|
Future Dividend Paid |
|
|
|
|
Div Paid |
$3.71 |
earning in |
15 |
Years |
at IRR of |
2.62% |
Div Inc. |
47.41% |
|
|
|
|
|
|
|
Future Dividend Paid |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividend Covering Cost |
|
|
|
|
Total Div |
$13.28 |
over |
5 |
Years |
at IRR of |
2.62% |
Div Cov. |
28.07% |
|
|
|
|
|
|
|
Dividend Covering Cost |
|
|
Dividend Covering Cost |
|
|
|
|
Total Div |
$25.52 |
over |
10 |
Years |
at IRR of |
2.62% |
Div Cov. |
53.96% |
|
|
|
|
|
|
|
Dividend Covering Cost |
|
|
Dividend Covering Cost |
|
|
|
|
Total Div |
$39.46 |
over |
15 |
Years |
at IRR of |
2.62% |
Div Cov. |
83.42% |
|
|
|
|
|
|
|
Dividend Covering Cost |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Yield if held 5 years |
14.56% |
13.06% |
13.27% |
17.66% |
15.36% |
11.69% |
9.19% |
8.16% |
9.26% |
11.24% |
9.39% |
6.84% |
7.02% |
8.16% |
6.78% |
8.50% |
|
9.33% |
<-Median-> |
10 |
Paid Median Price |
|
|
Yield if held 10 years |
|
|
|
|
19.29% |
16.80% |
16.16% |
17.14% |
22.78% |
20.24% |
14.81% |
10.58% |
9.29% |
10.77% |
12.76% |
10.38% |
|
16.80% |
<-Median-> |
9 |
Paid Median Price |
|
|
Yield if held 15 years |
|
|
|
|
|
|
|
|
|
25.41% |
21.28% |
18.61% |
19.51% |
26.48% |
22.97% |
16.36% |
|
20.39% |
<-Median-> |
4 |
Paid Median Price |
|
|
Yield if held 20 years |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
28.85% |
23.52% |
|
#NUM! |
<-Median-> |
0 |
Paid Median Price |
|
|
Yield if held 25 years |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
#DIV/0! |
|
#NUM! |
<-Median-> |
0 |
Paid Median Price |
Item |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EPS |
|
Cost cover if held 5
years |
68.22% |
62.61% |
64.08% |
84.34% |
74.29% |
54.48% |
40.71% |
35.94% |
41.59% |
52.00% |
44.28% |
33.16% |
33.28% |
37.84% |
32.25% |
41.27% |
|
42.94% |
<-Median-> |
10 |
Paid Median Price |
AEPS |
|
Cost cover if held 10
years |
|
|
|
|
171.04% |
146.52% |
134.20% |
139.55% |
186.63% |
167.89% |
124.27% |
91.98% |
80.01% |
91.55% |
112.72% |
94.67% |
|
139.55% |
<-Median-> |
9 |
Paid Median Price |
FCF PS |
|
Cost cover if held 15
years |
|
|
|
|
|
|
|
|
|
288.58% |
246.83% |
224.39% |
232.10% |
309.49% |
277.19% |
203.69% |
|
239.46% |
<-Median-> |
4 |
Paid Median Price |
CFPS |
|
Cost cover if held 20
years |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
425.84% |
360.97% |
|
#NUM! |
<-Median-> |
0 |
Paid Median Price |
FCF |
|
Cost cover if held 25
years |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
#DIV/0! |
|
#NUM! |
<-Median-> |
0 |
Paid Median Price |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Yr |
Item |
Tot. Growth |
Revenue Growth |
|
|
|
|
|
|
|
$1,013.0 |
$1,203.4 |
$1,341.4 |
$1,149.6 |
$1,413.1 |
$2,059.4 |
$8,179.9 |
|
|
|
103.30% |
<-Total Growth |
5 |
Revenue Growth |
103.30% |
|
AEPS Growth |
|
|
|
|
|
|
|
$2.47 |
$2.80 |
$2.97 |
$1.31 |
$2.26 |
$3.13 |
$14.94 |
|
|
|
26.72% |
<-Total Growth |
5 |
AEPS Growth |
26.72% |
|
FCF per Share Growth |
|
|
|
|
|
|
|
$2.97 |
$3.64 |
$3.89 |
$3.23 |
$3.95 |
$4.36 |
$22.04 |
|
|
|
46.80% |
<-Total Growth |
5 |
FCF per Share Growth |
46.80% |
|
Net Income Growth |
|
|
|
|
|
|
|
$72.2 |
$70.8 |
$83.6 |
$28.1 |
$68.6 |
$109.7 |
$432.9 |
|
|
|
51.98% |
<-Total Growth |
5 |
Net Income Growth |
51.98% |
|
Cash Flow Growth |
|
|
|
|
|
|
|
$124.7 |
$164.6 |
$217.2 |
$260.0 |
$285.0 |
$335.1 |
$1,386.7 |
|
|
|
168.73% |
<-Total Growth |
5 |
Cash Flow Growth |
168.73% |
|
Dividend Growth |
|
|
|
|
|
|
|
$2.10 |
$2.17 |
$2.22 |
$2.28 |
$2.28 |
$2.39 |
$13.44 |
|
|
|
13.81% |
<-Total Growth |
5 |
Dividend Growth |
13.81% |
|
Stock Price Growth |
|
|
|
|
|
|
|
$35.64 |
$28.26 |
$44.69 |
$36.64 |
$42.14 |
$52.63 |
|
|
|
|
47.67% |
<-Total Growth |
5 |
Stock Price Growth |
47.67% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue Growth |
|
|
$800.6 |
$1,030.1 |
$542.5 |
$807.4 |
$891.0 |
$1,013.0 |
$1,203.4 |
$1,341.4 |
$1,149.6 |
$1,413.1 |
$2,059.4 |
$12,251.4 |
|
|
|
157.24% |
<-Total Growth |
10 |
Revenue Growth |
157.24% |
|
AEPS Growth |
|
|
$1.25 |
$0.61 |
$0.66 |
$2.04 |
$2.43 |
$2.47 |
$2.80 |
$2.97 |
$1.31 |
$2.26 |
$3.13 |
$21.93 |
|
|
|
150.40% |
<-Total Growth |
10 |
AEPS Growth |
150.40% |
|
FCF per Share Growth |
|
|
$2.30 |
$1.26 |
$1.59 |
$3.02 |
$3.25 |
$2.97 |
$3.64 |
$3.89 |
$3.23 |
$3.95 |
$4.36 |
$33.45 |
|
|
|
89.96% |
<-Total Growth |
10 |
FCF per Share Growth |
89.96% |
|
Net Income Growth |
|
|
$25.4 |
$9.0 |
$8.3 |
$40.2 |
$61.5 |
$72.2 |
$70.8 |
$83.6 |
$28.1 |
$68.6 |
$109.7 |
$577.2 |
|
|
|
332.60% |
<-Total Growth |
10 |
Net Income Growth |
332.60% |
|
Cash Flow Growth |
|
|
-$20.9 |
-$6.4 |
$99.8 |
$99.8 |
$107.4 |
$124.7 |
$164.6 |
$217.2 |
$260.0 |
$285.0 |
$335.1 |
$1,666.5 |
|
|
|
1700.15% |
<-Total Growth |
10 |
Cash Flow Growth |
1700.15% |
|
Dividend Growth |
|
|
$1.63 |
$1.68 |
$1.69 |
$1.80 |
$1.98 |
$2.10 |
$2.17 |
$2.22 |
$2.28 |
$2.28 |
$2.39 |
$22.2 |
|
|
|
47.08% |
<-Total Growth |
10 |
Dividend Growth |
47.08% |
|
Stock Price Growth |
|
|
$25.78 |
$22.60 |
$23.20 |
$28.51 |
$41.75 |
$35.64 |
$28.26 |
$44.69 |
$36.64 |
$42.14 |
$52.63 |
|
|
|
|
104.15% |
<-Total Growth |
10 |
Stock Price Growth |
104.15% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividends on Shares |
|
|
|
$65.52 |
$65.72 |
$70.20 |
$77.22 |
$81.90 |
$84.53 |
$86.58 |
$88.92 |
$88.92 |
$93.21 |
$98.28 |
$98.28 |
$98.28 |
|
$802.72 |
No of Years |
10 |
Total Divs |
12/31/12 |
|
Paid |
|
|
$1,005.42 |
$881.40 |
$904.80 |
$1,111.89 |
$1,628.25 |
$1,389.96 |
$1,102.14 |
$1,742.91 |
$1,428.96 |
$1,643.46 |
$2,052.57 |
$1,844.70 |
$1,844.70 |
$1,844.70 |
|
$2,052.57 |
No of Years |
10 |
Worth |
$25.78 |
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$2,855.29 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Graham No. AEPS |
$14.42 |
$18.38 |
$19.62 |
$13.54 |
$13.64 |
$26.73 |
$29.80 |
$31.34 |
$34.50 |
$36.73 |
$23.34 |
$31.72 |
$40.49 |
$45.39 |
$50.86 |
$54.89 |
|
106.39% |
<-Total Growth |
10 |
Graham Price AEPS |
|
|
Price/GP Ratio Med |
1.07 |
1.17 |
1.31 |
1.73 |
1.45 |
0.91 |
1.12 |
1.09 |
0.90 |
1.01 |
1.27 |
1.30 |
1.12 |
1.15 |
|
|
|
1.12 |
<-Median-> |
10 |
Price/GP Ratio |
|
|
Price/GP Ratio High |
1.23 |
1.38 |
1.47 |
2.13 |
1.76 |
1.07 |
1.51 |
1.34 |
1.03 |
1.25 |
1.92 |
1.49 |
1.31 |
1.22 |
|
|
|
1.41 |
<-Median-> |
10 |
Price/GP Ratio |
|
|
Price/GP Ratio Low |
0.91 |
0.96 |
1.15 |
1.33 |
1.14 |
0.75 |
0.72 |
0.84 |
0.76 |
0.78 |
0.62 |
1.11 |
0.94 |
1.07 |
|
|
|
0.81 |
<-Median-> |
10 |
Price/GP Ratio |
|
|
Price/GP Ratio Close |
1.22 |
1.38 |
1.31 |
1.67 |
1.70 |
1.07 |
1.40 |
1.14 |
0.82 |
1.22 |
1.57 |
1.33 |
1.30 |
1.04 |
0.93 |
0.86 |
|
1.31 |
<-Median-> |
10 |
Price/GP Ratio |
|
|
Prem/Disc Close |
21.69% |
38.27% |
31.40% |
66.92% |
70.11% |
6.64% |
40.10% |
13.74% |
-18.10% |
21.66% |
56.95% |
32.84% |
29.97% |
4.20% |
-7.00% |
-13.82% |
|
31.41% |
<-Median-> |
10 |
Graham Price |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Graham No. EPS |
$14.42 |
$18.38 |
$19.62 |
$11.23 |
$10.21 |
$23.68 |
$27.83 |
$29.97 |
$30.45 |
$33.64 |
$18.01 |
$28.31 |
$37.19 |
$41.58 |
$45.53 |
$48.01 |
|
89.55% |
<-Total Growth |
10 |
Graham Price EPS |
|
|
Price/GP Ratio Med |
1.07 |
1.17 |
1.31 |
2.08 |
1.93 |
1.03 |
1.20 |
1.14 |
1.01 |
1.11 |
1.65 |
1.46 |
1.22 |
1.25 |
|
|
|
1.21 |
<-Median-> |
10 |
Price/GP Ratio |
|
|
Price/GP Ratio High |
1.23 |
1.38 |
1.47 |
2.57 |
2.35 |
1.20 |
1.62 |
1.40 |
1.17 |
1.36 |
2.49 |
1.67 |
1.42 |
1.33 |
|
|
|
1.52 |
<-Median-> |
10 |
Price/GP Ratio |
|
|
Price/GP Ratio Low |
0.91 |
0.96 |
1.15 |
1.60 |
1.52 |
0.85 |
0.77 |
0.87 |
0.86 |
0.85 |
0.80 |
1.25 |
1.02 |
1.17 |
|
|
|
0.87 |
<-Median-> |
10 |
Price/GP Ratio |
|
|
Price/GP Ratio Close |
1.22 |
1.38 |
1.31 |
2.01 |
2.27 |
1.20 |
1.50 |
1.19 |
0.93 |
1.33 |
2.03 |
1.49 |
1.42 |
1.14 |
1.04 |
0.99 |
|
1.45 |
<-Median-> |
10 |
Price/GP Ratio |
|
|
Prem/Disc Close |
21.69% |
38.27% |
31.40% |
101.22% |
127.20% |
20.41% |
49.99% |
18.90% |
-7.18% |
32.87% |
103.40% |
48.85% |
41.52% |
13.76% |
3.88% |
-1.48% |
|
45.19% |
<-Median-> |
10 |
Graham Price |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Month, Year |
Dec-10 |
Dec-11 |
Dec-12 |
Dec-13 |
Dec-14 |
Dec-15 |
Dec-16 |
Dec-17 |
Dec-18 |
Dec-19 |
Dec-20 |
Dec-21 |
Dec-22 |
Dec-23 |
Dec-24 |
Dec-25 |
|
14.00 |
<Count Years> |
|
Month, Year |
|
|
Price Close |
$17.55 |
$25.41 |
$25.78 |
$22.60 |
$23.20 |
$28.51 |
$41.75 |
$35.64 |
$28.26 |
$44.69 |
$36.64 |
$42.14 |
$52.63 |
$47.30 |
$47.30 |
$47.30 |
|
104.15% |
<-Total Growth |
10 |
Stock Price |
|
|
Increase |
35.94% |
44.79% |
1.46% |
-12.34% |
2.65% |
22.89% |
46.44% |
-14.63% |
-20.71% |
58.14% |
-18.01% |
15.01% |
24.89% |
-10.13% |
0.00% |
0.00% |
|
19.36 |
<-Median-> |
10 |
CAPE (10 Yr P/E) |
|
|
P/E |
18.09 |
21.00 |
20.62 |
53.81 |
62.70 |
17.82 |
19.69 |
15.77 |
12.96 |
17.95 |
46.97 |
23.41 |
19.94 |
17.14 |
14.29 |
12.85 |
|
8.11% |
<-IRR #YR-> |
5 |
Stock Price |
47.67% |
|
Trailing P/E |
12.63 |
26.20 |
21.31 |
18.08 |
55.24 |
77.05 |
26.09 |
16.81 |
12.50 |
20.50 |
14.71 |
54.03 |
29.24 |
17.92 |
17.14 |
14.29 |
|
7.40% |
<-IRR #YR-> |
10 |
Stock Price |
104.15% |
|
CAPE (10 Yr P/E) |
|
|
|
13.82 |
15.68 |
17.14 |
18.91 |
19.96 |
19.00 |
19.73 |
21.29 |
21.56 |
21.37 |
20.04 |
18.45 |
17.64 |
|
13.60% |
<-IRR #YR-> |
5 |
Price & Dividend |
79.48% |
|
Median 10, 5 Yrs |
|
D. per yr |
5.84% |
5.49% |
% Tot Ret |
44.13% |
41.45% |
T P/E |
23.30 |
20.50 |
P/E: |
19.81 |
19.94 |
|
|
|
|
13.24% |
<-IRR #YR-> |
10 |
Price & Dividend |
183.99% |
|
Price 15 |
|
D. per yr |
9.45% |
|
% Tot Ret |
46.20% |
|
|
|
|
|
CAPE Diff |
-11.50% |
|
|
|
|
11.00% |
<-IRR #YR-> |
15 |
Stock Price |
378.45% |
|
Price 20 |
|
D. per yr |
19.51% |
|
% Tot Ret |
56.40% |
|
|
|
|
|
|
|
|
|
|
|
15.08% |
<-IRR #YR-> |
19 |
Stock Price |
|
|
Price & Dividend 15 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
20.45% |
<-IRR #YR-> |
15 |
Price & Dividend |
6.369318 |
|
Price & Dividend 20 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
34.59% |
<-IRR #YR-> |
19 |
Price & Dividend |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Price 5 |
|
|
|
|
|
|
|
-$35.64 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$52.63 |
|
|
|
|
|
|
|
Price 5 |
|
|
Price 10 |
|
|
-$25.78 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$52.63 |
|
|
|
|
|
|
|
Price 10 |
|
|
Price & Dividend 5 |
|
|
|
|
|
|
|
-$35.64 |
$2.17 |
$2.22 |
$2.28 |
$2.28 |
$55.02 |
|
|
|
|
|
|
|
Price & Dividend 5 |
|
|
Price & Dividend 10 |
|
|
-$25.78 |
$1.68 |
$1.69 |
$1.80 |
$1.98 |
$2.10 |
$2.17 |
$2.22 |
$2.28 |
$2.28 |
$55.02 |
|
|
|
|
|
|
|
Price & Dividend 10 |
|
|
Price 15 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$52.63 |
|
|
|
|
|
|
|
Price 15 |
|
|
Price 20 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$52.63 |
|
|
|
|
|
|
|
|
|
|
Price & Dividend 15 |
$1.56 |
$1.60 |
$1.63 |
$1.68 |
$1.69 |
$1.80 |
$1.98 |
$2.10 |
$2.17 |
$2.22 |
$2.28 |
$2.28 |
$55.02 |
|
|
|
|
|
|
|
Price & Dividend 15 |
|
|
Price & Dividend 20 |
$1.56 |
$1.60 |
$1.63 |
$1.68 |
$1.69 |
$1.80 |
$1.98 |
$2.10 |
$2.17 |
$2.22 |
$2.28 |
$2.28 |
$55.02 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Price H/L Median |
$15.40 |
$21.55 |
$25.73 |
$23.40 |
$19.75 |
$24.27 |
$33.32 |
$34.07 |
$30.89 |
$37.18 |
$29.64 |
$41.32 |
$45.46 |
$52.10 |
|
|
|
76.72% |
<-Total Growth |
10 |
Stock Price |
|
|
Increase |
40.38% |
39.90% |
19.40% |
-9.04% |
-15.62% |
22.92% |
37.29% |
2.24% |
-9.32% |
20.35% |
-20.28% |
39.43% |
10.02% |
14.61% |
|
|
|
5.86% |
<-IRR #YR-> |
10 |
Stock Price |
76.72% |
|
P/E |
15.88 |
17.81 |
20.58 |
55.71 |
53.36 |
15.17 |
15.72 |
15.07 |
14.17 |
14.93 |
37.99 |
22.96 |
17.22 |
18.88 |
|
|
|
5.94% |
<-IRR #YR-> |
5 |
Stock Price |
33.45% |
|
Trailing P/E |
11.08 |
22.21 |
21.26 |
18.72 |
47.01 |
65.59 |
20.83 |
16.07 |
13.67 |
17.05 |
11.90 |
52.97 |
25.26 |
19.73 |
|
|
|
12.06% |
<-IRR #YR-> |
10 |
Price & Dividend |
66.73% |
|
P/E on Run. 5 yr Ave |
12.46 |
18.73 |
23.95 |
22.33 |
23.39 |
25.02 |
28.92 |
25.16 |
18.11 |
17.45 |
15.07 |
21.72 |
22.98 |
24.88 |
|
|
|
11.90% |
<-IRR #YR-> |
5 |
Price & Dividend |
156.72% |
|
P/E on Run. 10 yr Ave |
|
|
|
20.63 |
18.10 |
22.00 |
28.95 |
28.06 |
22.43 |
25.00 |
20.19 |
27.06 |
27.29 |
27.42 |
|
|
|
15.72 |
P/E Ratio |
|
Historical Median |
|
|
Median 10, 5 Yrs |
|
D. per yr |
6.20% |
5.96% |
% Tot Ret |
51.40% |
50.07% |
T P/E |
19.77 |
17.05 |
P/E: |
16.47 |
17.22 |
|
|
|
|
|
Count |
18 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$25.73 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$45.46 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$34.07 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$45.46 |
|
|
|
|
|
|
|
|
|
|
|
|
|
-$25.73 |
$1.68 |
$1.69 |
$1.80 |
$1.98 |
$2.10 |
$2.17 |
$2.22 |
$2.28 |
$2.28 |
$47.85 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$34.07 |
$2.17 |
$2.22 |
$2.28 |
$2.28 |
$47.85 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
High Months |
Nov |
Nov |
Nov |
Mar |
Jan |
Dec |
Dec |
Jan |
May |
Dec |
Feb |
Nov |
Dec |
Jan |
|
|
|
|
|
|
|
|
|
Price High |
$17.70 |
$25.40 |
$28.79 |
$28.81 |
$24.00 |
$28.51 |
$45.09 |
$41.91 |
$35.53 |
$45.85 |
$44.87 |
$47.28 |
$52.97 |
$55.44 |
|
|
|
83.99% |
<-Total Growth |
10 |
Stock Price |
|
|
Increase |
36.26% |
43.50% |
13.35% |
0.07% |
-16.70% |
18.79% |
58.16% |
-7.05% |
-15.22% |
29.05% |
-2.14% |
5.37% |
12.03% |
4.66% |
|
|
|
6.29% |
<-IRR #YR-> |
10 |
Stock Price |
83.99% |
|
P/E |
18.25 |
20.99 |
23.03 |
68.60 |
64.86 |
17.82 |
21.27 |
18.54 |
16.30 |
18.41 |
57.53 |
26.27 |
20.06 |
20.09 |
|
|
|
4.80% |
<-IRR #YR-> |
5 |
Stock Price |
26.39% |
|
Trailing P/E |
12.73 |
26.19 |
23.79 |
23.05 |
57.14 |
77.05 |
28.18 |
19.77 |
15.72 |
21.03 |
18.02 |
60.62 |
29.43 |
21.00 |
|
|
|
18.54 |
P/E Ratio |
|
Historical Median |
|
|
Median 10, 5 Yrs |
|
|
|
|
|
|
|
T P/E |
25.61 |
21.03 |
P/E: |
20.67 |
20.06 |
|
|
|
|
26.27 |
P/E Ratio |
|
Historical High |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$28.79 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$52.97 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$41.91 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$52.97 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Low Months |
Jan |
Aug |
Jun |
Oct |
Oct |
Jun |
Jan |
Jul |
Dec |
Jan |
Mar |
Jan |
Mar |
Aug |
|
|
|
|
|
|
|
|
|
Price Low |
$13.10 |
$17.69 |
$22.66 |
$17.99 |
$15.49 |
$20.03 |
$21.55 |
$26.22 |
$26.25 |
$28.50 |
$14.40 |
$35.36 |
$37.95 |
$48.76 |
|
|
|
67.48% |
<-Total Growth |
10 |
Stock Price |
|
|
Increase |
46.37% |
35.04% |
28.09% |
-20.61% |
-13.90% |
29.31% |
7.59% |
21.67% |
0.11% |
8.57% |
-49.47% |
145.56% |
7.32% |
28.48% |
|
|
|
5.29% |
<-IRR #YR-> |
10 |
Stock Price |
67.48% |
|
P/E |
13.51 |
14.62 |
18.13 |
42.83 |
41.86 |
12.52 |
10.17 |
11.60 |
12.04 |
11.45 |
18.46 |
19.64 |
14.38 |
17.67 |
|
|
|
7.68% |
<-IRR #YR-> |
5 |
Stock Price |
44.74% |
|
Trailing P/E |
9.42 |
18.24 |
18.73 |
14.39 |
36.88 |
54.14 |
13.47 |
12.37 |
11.62 |
13.07 |
5.78 |
45.33 |
21.08 |
18.47 |
|
|
|
12.52 |
P/E Ratio |
|
Historical Median |
|
|
Median 10, 5 Yrs |
|
|
|
|
|
|
|
T P/E |
13.93 |
13.07 |
P/E: |
13.45 |
14.38 |
|
|
|
|
6.44 |
P/E Ratio |
|
Historical Low |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$22.66 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$37.95 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$26.22 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$37.95 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$197.15 |
<-12 mths |
11.95% |
|
|
|
|
|
|
|
Free Cash Flow* Co Nos. |
$23.74 |
$34.47 |
$46.01 |
$27.13 |
$35.12 |
$74.41 |
$91.58 |
$91.97 |
$114.40 |
$126.08 |
$113.33 |
$147.15 |
$176.10 |
$207 |
$245 |
$263 |
|
282.79% |
<-Total Growth |
10 |
Free Cash Flow |
|
|
Increase |
-4.55% |
45.22% |
33.47% |
-41.04% |
29.47% |
111.87% |
23.09% |
0.42% |
24.39% |
10.21% |
-10.11% |
29.84% |
19.67% |
17.54% |
18.36% |
7.35% |
|
13.87% |
<-IRR #YR-> |
5 |
Free Cash Flow EIF |
91.49% |
|
FCF/CF from Op Ratio |
0.93 |
0.62 |
-2.20 |
-4.26 |
0.35 |
0.75 |
0.85 |
0.74 |
0.69 |
0.58 |
0.44 |
0.52 |
0.53 |
0.61 |
#VALUE! |
#DIV/0! |
|
14.37% |
<-IRR #YR-> |
10 |
Free Cash Flow EIF |
282.79% |
|
Dividends paid |
$20.34 |
$27.10 |
32.72 |
35.89 |
$37.42 |
$45.23 |
$56.33 |
$65.09 |
$68.46 |
$72.74 |
$72.74 |
$72.74 |
$72.74 |
$107.05 |
$107.05 |
$107.05 |
|
122.34% |
<-Total Growth |
10 |
Dividends paid |
|
|
Percentage paid |
|
|
|
|
|
60.78% |
61.51% |
70.77% |
59.84% |
57.70% |
64.19% |
49.43% |
41.31% |
51.71% |
43.69% |
40.70% |
|
60.31% |
<-Median-> |
8 |
Percentage paid |
|
|
5 Year Coverage |
|
|
|
|
|
|
|
|
66.88% |
61.76% |
62.41% |
59.33% |
53.09% |
51.71% |
48.65% |
44.94% |
|
|
|
|
5 Year Coverage |
|
|
Dividend
Coverage Ratio |
|
|
|
|
|
1.65 |
1.63 |
1.41 |
1.67 |
1.73 |
1.56 |
2.02 |
2.42 |
1.93 |
2.29 |
2.46 |
|
1.66 |
<-Median-> |
8 |
Dividend Coverage Ratio |
|
|
5 Year of Coverage |
|
|
|
|
|
|
|
|
1.50 |
1.62 |
1.60 |
1.69 |
1.88 |
1.93 |
2.06 |
2.23 |
|
|
|
|
5 Year of Coverage |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$91.97 |
0.00 |
0.00 |
0.00 |
0.00 |
176.10 |
|
|
|
|
|
|
|
|
|
|
|
|
|
-$46.01 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
176.10 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Free Cash Flow* MS |
|
|
-$86.69 |
-$86.88 |
$15.49 |
-$47.52 |
-$129.22 |
-$142.77 |
-$26.60 |
-$37.63 |
$113.72 |
$5.62 |
-$31.46 |
|
|
|
|
63.71% |
<-Total Growth |
10 |
Free Cash Flow MS |
|
|
Increase |
|
|
|
0.22% |
-117.83% |
-406.78% |
171.93% |
10.49% |
-81.37% |
41.47% |
-402.21% |
-95.06% |
-659.79% |
|
|
|
|
-26.10% |
<-IRR #YR-> |
5 |
Free Cash Flow MS |
77.96% |
|
FCF/CF from Op Ratio |
|
|
4.14 |
13.65 |
0.16 |
-0.48 |
-1.20 |
-1.14 |
-0.16 |
-0.17 |
0.44 |
0.02 |
-0.09 |
|
|
|
|
-9.64% |
<-IRR #YR-> |
10 |
Free Cash Flow MS |
63.71% |
|
Dividends paid |
|
|
$32.72 |
$35.89 |
$37.42 |
$45.23 |
$56.33 |
$65.09 |
$68.46 |
$72.74 |
$72.74 |
$72.74 |
$72.74 |
|
|
|
|
122.34% |
<-Total Growth |
10 |
Dividends paid |
|
|
Percentage paid |
|
|
-37.74% |
-41.31% |
241.60% |
-95.17% |
-43.59% |
-45.59% |
-257.37% |
-193.31% |
63.97% |
1294.34% |
-231.22% |
|
|
|
|
-44.59% |
<-Median-> |
10 |
Percentage paid |
|
|
5 Year Coverage |
|
|
-37.74% |
-39.53% |
-67.07% |
-73.57% |
-62.00% |
-61.39% |
-82.43% |
-80.22% |
-150.72% |
-401.29% |
1519.78% |
|
|
|
|
|
|
|
5 Year Coverage |
|
|
Dividend
Coverage Ratio |
|
|
-2.65 |
-2.42 |
0.41 |
-1.05 |
-2.29 |
-2.19 |
-0.39 |
-0.52 |
1.56 |
0.08 |
-0.43 |
|
|
|
|
-0.47 |
<-Median-> |
10 |
Dividend Coverage Ratio |
|
|
5 Year of Coverage |
|
|
-2.65 |
-2.53 |
-1.49 |
-1.36 |
-1.61 |
-1.63 |
-1.21 |
-1.25 |
-0.66 |
-0.25 |
0.07 |
|
|
|
|
|
|
|
5 Year of Coverage |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$142.77 |
0.00 |
0.00 |
0.00 |
0.00 |
-31.46 |
|
|
|
|
|
|
|
|
|
|
|
|
|
$86.69 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
-31.46 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Market Cap |
$254.81 |
$442.11 |
$532.01 |
$491.60 |
$522.17 |
$787.82 |
$1,202.12 |
$1,116.17 |
$884.93 |
$1,550.89 |
$1,299.69 |
$1,632.52 |
$2,235.67 |
$2,009.26 |
$2,009.26 |
$2,009.26 |
|
320.23% |
<-Total Growth |
10 |
Market Cap |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted # of Shares in
Million |
13.33 |
19.25 |
21.78 |
21.46 |
22.13 |
25.63 |
33.95 |
36.00 |
34.75 |
38.09 |
35.98 |
38.09 |
47.31 |
39.94 |
|
|
|
117.22% |
<-Total Growth |
10 |
Diluted |
|
|
Change |
18.97% |
44.34% |
13.18% |
-1.46% |
3.09% |
15.82% |
32.47% |
6.03% |
-3.47% |
9.62% |
-5.56% |
5.87% |
24.22% |
-15.58% |
|
|
|
5.95% |
<-Median-> |
10 |
Change |
|
|
Difference Diluted/Basic |
-3.4% |
-12.8% |
-8.0% |
0.0% |
0.0% |
-3.8% |
-17.1% |
-14.0% |
-9.5% |
-14.8% |
-2.6% |
-2.2% |
-14.7% |
-2.1% |
|
|
|
-6.63% |
<-Median-> |
10 |
Difference Diluted/Basic |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic # of Shares in
Millions |
12.89 |
16.79 |
20.04 |
21.46 |
22.13 |
24.66 |
28.15 |
30.96 |
31.46 |
32.44 |
35.05 |
37.27 |
40.35 |
39.11 |
|
|
|
101.30% |
<-Total Growth |
10 |
Average |
|
|
Change |
45.83% |
30.27% |
19.41% |
7.08% |
3.09% |
11.43% |
14.17% |
9.98% |
1.60% |
3.11% |
8.05% |
6.32% |
8.27% |
-3.06% |
|
|
|
7.57% |
<-Median-> |
10 |
Change |
|
|
Difference
Basic/Outstanding |
12.7% |
3.7% |
3.0% |
1.3% |
1.7% |
12.1% |
2.3% |
1.2% |
-0.5% |
7.0% |
1.2% |
4.0% |
5.3% |
8.6% |
|
|
|
2.00% |
<-Median-> |
10 |
Difference Basic/Outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$341.00 |
<-12 mths |
1.75% |
|
|
|
|
|
|
|
# of Share in Millions |
14.519 |
17.399 |
20.637 |
21.752 |
22.507 |
27.633 |
28.793 |
31.318 |
31.314 |
34.703 |
35.472 |
38.740 |
42.479 |
42.479 |
42.479 |
42.479 |
|
7.49% |
<-IRR #YR-> |
10 |
Shares |
105.84% |
|
Change |
34.67% |
19.84% |
18.61% |
5.41% |
3.47% |
22.77% |
4.20% |
8.77% |
-0.01% |
10.82% |
2.21% |
9.21% |
9.65% |
0.00% |
0.00% |
0.00% |
|
6.29% |
<-IRR #YR-> |
5 |
Shares |
35.64% |
|
Cash Flow from
Operations $M |
$25.6 |
$55.8 |
-$20.9 |
-$6.4 |
$99.8 |
$99.8 |
$107.4 |
$124.7 |
$164.6 |
$217.2 |
$260.0 |
$285.0 |
$335.1 |
$341.0 |
<-12 mths |
|
|
1700.15% |
<-Total Growth |
10 |
Cash Flow |
|
|
Increase |
-16.02% |
117.90% |
-137.55% |
-69.61% |
-1668% |
0% |
8% |
16% |
32% |
32% |
20% |
10% |
18% |
1.75% |
<-12 mths |
|
|
S. Issues |
SO, DRIP |
|
Deb. Conv |
|
|
5 year Running Average |
$18.7 |
$27.7 |
$22.0 |
$16.9 |
$30.8 |
$45.6 |
$56.0 |
$85.1 |
$119.3 |
$142.8 |
$174.8 |
$210.3 |
$252.4 |
$287.7 |
<-12 mths |
|
|
1047.83% |
<-Total Growth |
10 |
CF 5 Yr Running |
|
|
CFPS |
$1.76 |
$3.21 |
-$1.01 |
-$0.29 |
$4.44 |
$3.61 |
$3.73 |
$3.98 |
$5.26 |
$6.26 |
$7.33 |
$7.36 |
$7.89 |
$8.03 |
<-12 mths |
|
|
877.36% |
<-Total Growth |
10 |
Cash Flow per Share |
|
|
Increase |
-37.64% |
81.83% |
-131.66% |
-71.17% |
-1616% |
-19% |
3% |
7% |
32% |
19% |
17% |
0% |
7% |
1.75% |
<-12 mths |
|
|
#NUM! |
<-IRR #YR-> |
10 |
Cash Flow |
1700.15% |
|
5 year Running Average |
$2.36 |
$2.22 |
$1.74 |
$1.30 |
$1.62 |
$1.99 |
$2.09 |
$3.09 |
$4.20 |
$4.57 |
$5.31 |
$6.04 |
$6.82 |
$7.37 |
<-12 mths |
|
|
21.86% |
<-IRR #YR-> |
5 |
Cash Flow |
168.73% |
|
P/CF on Med Price |
8.74 |
6.72 |
-25.35 |
-79.97 |
4.45 |
6.72 |
8.93 |
8.55 |
5.88 |
5.94 |
4.04 |
5.62 |
5.76 |
6.49 |
<-12 mths |
|
|
#NUM! |
<-IRR #YR-> |
10 |
Cash Flow per Share |
877.36% |
|
P/CF on Closing Price |
9.95 |
7.93 |
-25.40 |
-77.24 |
5.23 |
7.89 |
11.19 |
8.95 |
5.37 |
7.14 |
5.00 |
5.73 |
6.67 |
5.89 |
<-12 mths |
|
|
14.65% |
<-IRR #YR-> |
5 |
Cash Flow per Share |
98.12% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.26% |
Diff M/C |
|
14.62% |
<-IRR #YR-> |
10 |
CFPS 5 yr Running |
291.50% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$381.56 |
<-12 mths |
7.08% |
|
|
|
|
|
|
|
Excl.Working Capital CF |
$1.8 |
$7.3 |
$99.4 |
$58.1 |
-$13.6 |
$8.6 |
$40.0 |
$55.4 |
$55.6 |
$45.1 |
-$38.5 |
-$20.8 |
$21.2 |
$0.0 |
<-12 mths |
|
|
17.12% |
<-IRR #YR-> |
5 |
CFPS 5 yr Running |
120.40% |
|
CF fr Op $M WC |
$27.4 |
$63.1 |
$78.4 |
$51.8 |
$86.2 |
$108.5 |
$147.5 |
$180.1 |
$220.2 |
$262.3 |
$221.5 |
$264.3 |
$356.3 |
$341.0 |
<-12 mths |
|
|
354.47% |
<-Total Growth |
10 |
Cash Flow less WC |
|
|
Increase |
9.22% |
130.50% |
24.33% |
-33.99% |
66.56% |
25.83% |
35.97% |
22.11% |
22.29% |
19.09% |
-15.55% |
19.31% |
34.83% |
-4.30% |
<-12 mths |
|
|
16.35% |
<-IRR #YR-> |
10 |
Cash Flow less WC |
354.47% |
|
5 year Running Average |
$18.9 |
$29.4 |
$42.5 |
$49.1 |
$61.4 |
$77.6 |
$94.5 |
$114.8 |
$148.5 |
$183.7 |
$206.3 |
$229.7 |
$264.9 |
$289.1 |
<-12 mths |
|
|
14.62% |
<-IRR #YR-> |
5 |
Cash Flow less WC |
97.86% |
|
CFPS Excl. WC |
$1.88 |
$3.62 |
$3.80 |
$2.38 |
$3.83 |
$3.93 |
$5.12 |
$5.75 |
$7.03 |
$7.56 |
$6.24 |
$6.82 |
$8.39 |
$8.03 |
<-12 mths |
|
|
20.08% |
<-IRR #YR-> |
10 |
CF less WC 5 Yr Run |
523.50% |
|
Increase |
-18.90% |
92.34% |
4.82% |
-37.38% |
60.97% |
2.49% |
30.49% |
12.26% |
22.31% |
7.46% |
-17.38% |
9.24% |
22.96% |
-4.30% |
<-12 mths |
|
|
18.21% |
<-IRR #YR-> |
5 |
CF less WC 5 Yr Run |
130.78% |
|
5 year Running Average |
$2.44 |
$2.41 |
$2.70 |
$2.80 |
$3.10 |
$3.51 |
$3.81 |
$4.20 |
$5.13 |
$5.88 |
$6.34 |
$6.68 |
$7.21 |
$7.41 |
<-12 mths |
|
|
8.24% |
<-IRR #YR-> |
10 |
CFPS - Less WC |
120.78% |
|
P/CF on Med Price |
8.17 |
5.94 |
6.77 |
9.83 |
5.16 |
6.18 |
6.50 |
5.92 |
4.39 |
4.92 |
4.75 |
6.06 |
5.42 |
6.49 |
<-12 mths |
|
|
7.84% |
<-IRR #YR-> |
5 |
CFPS - Less WC |
45.87% |
|
P/CF on Closing Price |
9.31 |
7.01 |
6.79 |
9.50 |
6.06 |
7.26 |
8.15 |
6.20 |
4.02 |
5.91 |
5.87 |
6.18 |
6.27 |
5.89 |
<-12 mths |
|
|
10.31% |
<-IRR #YR-> |
10 |
CFPS 5 yr Running |
166.76% |
|
*Operational Cash Flow
per share |
|
|
CF/-WC |
P/CF Med |
10 yr |
5.82 |
5 yr |
5.76 |
P/CF Med |
10 yr |
5.67 |
5 yr |
4.92 |
|
3.89% |
Diff M/C |
|
11.40% |
<-IRR #YR-> |
5 |
CFPS 5 yr Running |
71.59% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-20.6 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
42.5 |
|
|
|
|
|
|
|
Shares |
|
|
|
|
|
|
|
|
|
|
-31.3 |
0.0 |
0.0 |
0.0 |
0.0 |
42.5 |
|
|
|
|
|
|
|
Shares |
|
|
|
|
|
$20.9 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$335.1 |
|
|
|
|
|
|
|
Cash Flow |
|
|
|
|
|
|
|
|
|
|
-$124.7 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$335.1 |
|
|
|
|
|
|
|
Cash Flow |
|
|
|
|
|
$1.01 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$7.89 |
|
|
|
|
|
|
|
Cash Flow per Share |
|
|
|
|
|
|
|
|
|
|
-$3.98 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$7.89 |
|
|
|
|
|
|
|
Cash Flow per Share |
|
|
|
|
|
-$1.74 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$6.82 |
|
|
|
|
|
|
|
CFPS 5 yr Running |
|
|
|
|
|
|
|
|
|
|
-$3.09 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$6.82 |
|
|
|
|
|
|
|
CFPS 5 yr Running |
|
|
|
|
|
-$78.4 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$356.3 |
|
|
|
|
|
|
|
Cash Flow less WC |
|
|
|
|
|
|
|
|
|
|
-$180.1 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$356.3 |
|
|
|
|
|
|
|
Cash Flow less WC |
|
|
|
|
|
-$42.5 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$264.9 |
|
|
|
|
|
|
|
CF less WC 5 Yr Run |
|
|
|
|
|
|
|
|
|
|
-$114.8 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$264.9 |
|
|
|
|
|
|
|
CF less WC 5 Yr Run |
|
|
|
|
|
-$3.80 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$8.39 |
|
|
|
|
|
|
|
CFPS - Less WC |
|
|
|
|
|
|
|
|
|
|
-$5.75 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$8.39 |
|
|
|
|
|
|
|
CFPS - Less WC |
|
|
|
|
|
-$2.70 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$7.21 |
|
|
|
|
|
|
|
CFPS 5 yr Running |
|
|
|
|
|
|
|
|
|
|
-$4.20 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$7.21 |
|
|
|
|
|
|
|
CFPS 5 yr Running |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accounts receivable |
|
|
|
|
|
-$14.57 |
-$22.088 |
-$31.270 |
-$23.939 |
-$35.958 |
$47.289 |
-$2.401 |
-$67.868 |
|
|
|
|
|
|
|
|
|
|
Costs incurred plus recognized profits
in excess of billings |
|
|
|
|
|
$4.05 |
$0.209 |
-$1.727 |
-$4.484 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost due from customers |
|
|
|
|
|
|
|
|
|
-$12.219 |
$5.625 |
-$6.362 |
-$4.877 |
|
|
|
|
|
|
|
|
|
|
Inventory |
|
|
|
|
|
-$23.38 |
-$6.312 |
-$39.624 |
-$25.765 |
-$13.756 |
-$14.400 |
-$16.385 |
-$43.697 |
|
|
|
|
|
|
|
|
|
|
Prepaid expenses and deposits |
|
|
|
|
|
-$28.37 |
$4.793 |
$4.691 |
-$3.461 |
$2.002 |
$3.513 |
-$10.918 |
-$56.687 |
|
|
|
|
|
|
|
|
|
|
Accounts payable and accrued charges |
|
|
|
|
|
-$8.70 |
$10.603 |
$26.745 |
$8.065 |
$18.110 |
-$10.772 |
$30.969 |
$154.224 |
|
|
|
|
|
|
|
|
|
|
Income taxes receivable/payable |
|
|
|
|
|
|
|
|
0.371 |
-$2.144 |
$6.218 |
-$4.764 |
-$0.375 |
|
|
|
|
|
|
|
|
|
|
Deferred revenue |
|
|
|
|
|
$36.05 |
-$15.148 |
-$3.062 |
-$3.525 |
-$1.155 |
-$3.750 |
$24.973 |
-$0.213 |
|
|
|
|
|
|
|
|
|
|
Amts Due customers |
|
|
|
|
|
|
|
|
-$2.860 |
$0.062 |
$4.732 |
$5.643 |
-$1.724 |
|
|
|
|
|
|
|
|
|
|
Billings in excess of costs incurred plus recognized profits |
|
|
|
|
|
$11.75 |
-$10.052 |
$3.428 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Foreign currency impact |
|
|
|
|
|
$14.52 |
-$2.051 |
-$10.211 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net change in working capital items |
|
|
-$99.35 |
-$58.120 |
$13.630 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long Term Def Revenue (notes) |
|
|
|
|
|
|
|
-$4.359 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sum |
|
|
-$99.350 |
-$58.120 |
$13.630 |
-$8.640 |
-$40.046 |
-$55.389 |
-$55.598 |
-$45.058 |
$38.455 |
$20.755 |
-$21.217 |
|
|
|
|
|
|
|
|
|
|
Google --> TD 2017 |
|
|
-$99.350 |
-$28.120 |
$13.630 |
-$8.640 |
-$40.05 |
-$55 |
-$56 |
-$45 |
$38 |
$21 |
-$21 |
|
|
|
|
|
|
|
|
|
|
Difference |
|
|
$0.000 |
-$30.000 |
$0.000 |
$0.000 |
$0.00 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
|
|
|
|
|
|
|
|
|
|
TD |
|
|
|
-$58 |
$14 |
-$9 |
-$40 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Difference |
|
|
|
$0 |
$0 |
$0 |
$0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
OPM |
10.46% |
10.93% |
-2.62% |
-0.62% |
18.40% |
12.36% |
12.06% |
12.31% |
13.68% |
16.20% |
22.61% |
20.17% |
16.27% |
13.97% |
|
|
|
722.05% |
<-Total Growth |
10 |
OPM |
|
|
Increase |
-27.50% |
4.48% |
-123.93% |
-76.38% |
-3078.10% |
-32.81% |
-2.48% |
2.10% |
11.13% |
18.37% |
39.63% |
-10.80% |
-19.33% |
-14.15% |
|
|
|
|
Should increase |
|
or be stable. |
|
|
Diff from Median |
-19.7% |
-16.1% |
-120.1% |
-104.7% |
41.3% |
-5.1% |
-7.4% |
-5.5% |
5.1% |
24.4% |
73.6% |
54.9% |
25.0% |
7.3% |
|
|
|
0.15 |
<-Median-> |
10 |
OPM |
|
|
*Operational
Profit Margin (CF/Revenue) Ratio |
|
|
|
|
|
|
|
OPM |
10 Yrs |
13.02% |
5 Yrs |
16.20% |
|
|
|
|
should be |
zero, it is a |
|
check on
calculations |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$519 |
<-12 mths |
13.61% |
|
|
|
|
|
|
|
Adjusted EBITDA |
$44.30 |
$71.50 |
$71.50 |
$81.78 |
$94.28 |
$179.24 |
$212.58 |
$248.70 |
$277.77 |
$328.81 |
$284.54 |
$329.88 |
$456.44 |
$576.7 |
$640.6 |
|
|
538.38% |
<-Total Growth |
10 |
Adjusted EBITDA |
|
|
Change |
|
61.40% |
0.00% |
14.38% |
15.28% |
90.12% |
18.60% |
16.99% |
11.69% |
18.38% |
-13.47% |
15.94% |
38.37% |
26.35% |
11.08% |
|
|
16.46% |
<-Median-> |
10 |
Change |
|
|
Margin |
18.10% |
14.01% |
8.93% |
7.94% |
17.38% |
22.20% |
23.86% |
24.55% |
23.08% |
24.51% |
24.75% |
23.34% |
22.16% |
23.63% |
23.49% |
|
|
23.21% |
<-Median-> |
10 |
Margin |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long Term Debt+ Conv Deb |
$102.82 |
$163.39 |
$229.45 |
$434.50 |
$271.73 |
$507.77 |
$657.60 |
$790.41 |
$980.15 |
$1,030.16 |
$1,110.02 |
$1,101.02 |
$1,614.21 |
$1,670.63 |
|
|
|
603.51% |
<-Total Growth |
10 |
Debt |
Type |
|
Change |
|
|
|
89.37% |
-37.46% |
86.87% |
29.51% |
20.20% |
24.00% |
5.10% |
7.75% |
-0.81% |
46.61% |
3.50% |
|
|
|
22.10% |
<-Median-> |
10 |
Change |
Lg Term R |
|
Debt/Market Cap Ratio |
0.40 |
0.37 |
0.43 |
0.88 |
0.52 |
0.64 |
0.55 |
0.71 |
1.11 |
0.66 |
0.85 |
0.67 |
0.72 |
0.83 |
|
|
|
0.69 |
<-Median-> |
10 |
% of Market C. |
Intang/GW |
|
Assets/Current
Liabilities Ratio |
6.91 |
5.69 |
4.10 |
4.59 |
6.91 |
6.76 |
8.01 |
6.66 |
8.18 |
8.09 |
7.77 |
5.45 |
6.11 |
6.57 |
|
|
|
6.83 |
<-Median-> |
10 |
Assets/Current Liab Ratio |
Liquidity |
|
Debt to Cash Flow
(Years) |
4.02 |
2.93 |
-10.96 |
-68.26 |
2.72 |
5.09 |
6.12 |
6.34 |
5.95 |
4.74 |
4.27 |
3.86 |
4.82 |
4.90 |
|
|
|
4.78 |
<-Median-> |
10 |
Debt to Cash Flow (Years) |
Liq. + CF |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Ratio |
|
Intangibles |
$12.25 |
$23.25 |
$73.52 |
$46.41 |
$42.76 |
$112.81 |
$107.28 |
$135.71 |
$144.57 |
$164.66 |
$161.77 |
$180.66 |
$300.37 |
$294.48 |
|
|
|
308.58% |
<-Total Growth |
10 |
Intangibles |
Leverage |
|
Goodwill |
$39.68 |
$68.43 |
$28.39 |
$107.44 |
$98.60 |
$246.07 |
$259.89 |
$299.28 |
$320.68 |
$359.76 |
$397.59 |
$486.88 |
$626.34 |
$699.69 |
|
|
|
2105.97% |
<-Total Growth |
10 |
Goodwill |
D/E Ratio |
|
Total |
$51.93 |
$91.68 |
$101.91 |
$153.85 |
$141.36 |
$358.89 |
$367.16 |
$434.99 |
$465.25 |
$524.42 |
$559.36 |
$667.54 |
$926.72 |
$994.17 |
|
|
|
809.36% |
<-Total Growth |
10 |
Total |
|
|
Change |
-3.50% |
76.54% |
11.16% |
50.96% |
-8.11% |
153.88% |
2.31% |
18.47% |
6.96% |
12.72% |
6.66% |
19.34% |
38.83% |
7.28% |
|
|
|
15.60% |
<-Median-> |
10 |
Change |
|
|
Intangible/Market Cap
Ratio |
0.20 |
0.21 |
0.19 |
0.31 |
0.27 |
0.46 |
0.31 |
0.39 |
0.53 |
0.34 |
0.43 |
0.41 |
0.41 |
0.49 |
|
|
|
0.40 |
<-Median-> |
10 |
% of Market C. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Assets |
$97.60 |
$151.29 |
$329.73 |
$466.15 |
$199.32 |
$317.21 |
$348.55 |
$502.81 |
$540.28 |
$588.24 |
$618.96 |
$700.46 |
$1,045.93 |
$1,109.65 |
|
|
|
Liquidity ratio of 1.5 and up, best |
|
|
|
Current Liabilities |
$48.78 |
$84.02 |
$173.17 |
$209.51 |
$103.54 |
$181.90 |
$177.91 |
$262.79 |
$239.14 |
$280.33 |
$295.33 |
$475.35 |
$580.45 |
$579.52 |
|
|
|
1.94 |
<-Median-> |
10 |
Ratio |
|
|
Liquidity Ratio |
2.00 |
1.80 |
1.90 |
2.23 |
1.93 |
1.74 |
1.96 |
1.91 |
2.26 |
2.10 |
2.10 |
1.47 |
1.80 |
1.91 |
|
|
|
2.10 |
<-Median-> |
5 |
Ratio |
|
|
Liq. with CF aft div |
2.06 |
2.13 |
1.60 |
1.89 |
2.52 |
2.02 |
2.24 |
2.14 |
2.66 |
2.60 |
2.70 |
1.89 |
2.20 |
2.32 |
|
|
|
2.60 |
<-Median-> |
5 |
Ratio |
|
|
Liq. CF re Inv+Div |
0.82 |
0.98 |
1.11 |
1.19 |
2.52 |
0.66 |
0.93 |
0.99 |
1.43 |
1.21 |
1.62 |
1.08 |
1.04 |
2.32 |
|
|
|
1.21 |
<-Median-> |
5 |
Ratio |
|
|
Curr Long Term Db |
$0.00 |
$0.00 |
$0.00 |
$1.33 |
$1.11 |
$1.03 |
$1.07 |
$1.07 |
$1.07 |
$1.07 |
$1.07 |
$98.81 |
$0.00 |
$0.00 |
|
|
|
|
|
|
|
|
|
Liquidity Less CLTD |
|
|
1.90 |
2.24 |
1.95 |
1.75 |
1.97 |
1.92 |
2.27 |
2.11 |
2.10 |
1.86 |
1.80 |
1.91 |
|
|
|
2.10 |
<-Median-> |
5 |
Ratio |
|
|
Liq. with CF aft div |
|
|
1.60 |
1.90 |
2.55 |
2.03 |
2.26 |
2.15 |
2.68 |
2.61 |
2.71 |
2.38 |
2.20 |
2.32 |
|
|
|
2.61 |
<-Median-> |
5 |
Ratio |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Assets |
$337.01 |
$478.40 |
$709.37 |
$961.37 |
$715.10 |
$1,229.06 |
$1,424.53 |
$1,749.20 |
$1,957.30 |
$2,266.56 |
$2,294.18 |
$2,588.67 |
$3,548.84 |
$3,806.91 |
|
|
|
Debt Ratio of 1.5 and up, best |
|
|
|
|
Liabilities |
$194.16 |
$252.76 |
$414.83 |
$655.55 |
$415.51 |
$782.44 |
$938.40 |
$1,171.69 |
$1,340.05 |
$1,536.71 |
$1,608.24 |
$1,788.39 |
$2,529.78 |
$2,594.84 |
|
|
|
1.47 |
<-Median-> |
10 |
Ratio |
|
|
Debt Ratio |
1.74 |
1.89 |
1.71 |
1.47 |
1.72 |
1.57 |
1.52 |
1.49 |
1.46 |
1.47 |
1.43 |
1.45 |
1.40 |
1.47 |
|
|
|
1.45 |
<-Median-> |
5 |
Ratio |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Estimates BVPS |
|
|
|
|
|
|
|
|
|
|
|
|
|
$30.10 |
$37.10 |
$30.40 |
|
|
Estimates |
|
Estimates BVPS |
|
|
Estimate Book Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
$1,278.6 |
$1,576.0 |
$1,291.4 |
|
|
Estimates |
|
Estimate Book Value |
|
|
P/B Ratio (Close) |
|
|
|
|
|
|
|
|
|
|
|
|
|
1.57 |
1.27 |
1.56 |
|
|
Estimates |
|
P/B Ratio (Close) |
|
|
Difference from 10 year
median |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-8.42% |
Diff M/C |
|
|
Estimates |
|
Difference from 10 yr med. |
|
|
Total Book Value |
$142.85 |
$225.64 |
$294.54 |
$305.83 |
$299.59 |
$446.62 |
$486.14 |
$577.51 |
$617.25 |
$729.84 |
$685.95 |
$800.28 |
$1,019.05 |
$1,212.07 |
|
|
|
245.98% |
<-Total Growth |
10 |
Book Value |
|
|
Total Book Value per
Share |
$9.84 |
$12.97 |
$14.27 |
$14.06 |
$13.31 |
$16.16 |
$16.88 |
$18.44 |
$19.71 |
$21.03 |
$19.34 |
$20.66 |
$23.99 |
$28.53 |
|
|
|
68.08% |
<-Total Growth |
10 |
Total Book Value per Share |
|
|
P/B Ratio (Median) |
1.57 |
1.66 |
1.80 |
1.66 |
1.48 |
1.50 |
1.97 |
1.85 |
1.57 |
1.77 |
1.53 |
2.00 |
1.89 |
1.83 |
|
|
|
1.72 |
<-Median-> |
10 |
P/B Ratio (Median) |
|
|
Conv. Debentures |
$4.48 |
$6.52 |
$9.30 |
$12.22 |
$13.88 |
$11.20 |
$11.25 |
$14.31 |
$11.95 |
$13.21 |
$13.21 |
$17.61 |
$14.02 |
$13.98 |
|
|
|
50.66% |
<-Total Growth |
10 |
Conv. Debentures |
|
|
Deferred Shares |
|
$1.44 |
$1.58 |
$2.62 |
$3.80 |
$5.12 |
$7.21 |
$9.87 |
$13.53 |
$15.85 |
$16.89 |
$16.01 |
$16.01 |
$15.59 |
|
|
|
916.51% |
<-Total Growth |
10 |
Deferred Shares |
|
|
Reserved Shares |
$0.00 |
$1.85 |
$1.23 |
$0.62 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
|
|
|
|
|
|
Reserved Shares |
|
|
Net Book Value |
$138.36 |
$215.84 |
$282.43 |
$290.37 |
$281.91 |
$430.30 |
$467.69 |
$553.33 |
$591.77 |
$700.78 |
$655.84 |
$766.66 |
$989.03 |
$1,182.51 |
$1,182.51 |
$1,182.51 |
|
250.19% |
<-Total Growth |
10 |
Book Value |
|
|
Book Value per Share |
$9.53 |
$12.40 |
$13.69 |
$13.35 |
$12.53 |
$15.57 |
$16.24 |
$17.67 |
$18.90 |
$20.19 |
$18.49 |
$19.79 |
$23.28 |
$27.84 |
$27.84 |
$27.84 |
|
70.12% |
<-Total Growth |
10 |
Book Value per Share |
|
|
Change |
33.48% |
55.99% |
30.85% |
2.81% |
-2.91% |
52.63% |
8.69% |
18.31% |
6.95% |
18.42% |
-6.41% |
16.90% |
29.00% |
19.56% |
0.00% |
0.00% |
|
5.15% |
P/B Ratio |
|
Current/Historical Median |
|
|
P/B Ratio (Median) |
1.62 |
1.74 |
1.88 |
1.75 |
1.58 |
1.56 |
2.05 |
1.93 |
1.63 |
1.84 |
1.60 |
2.09 |
1.95 |
1.87 |
|
|
|
1.62 |
P/B Ratio |
|
Historical Median |
|
|
P/B Ratio (Close) |
1.84 |
2.05 |
1.88 |
1.69 |
1.85 |
1.83 |
2.57 |
2.02 |
1.50 |
2.21 |
1.98 |
2.13 |
2.26 |
1.70 |
1.70 |
1.70 |
|
5.46% |
<-IRR #YR-> |
10 |
Book Value per Share |
70.12% |
|
Change |
37.16% |
11.23% |
-8.04% |
-10.12% |
9.40% |
-1.15% |
40.39% |
-21.52% |
-25.87% |
47.99% |
-10.46% |
7.45% |
6.16% |
-24.83% |
0.00% |
0.00% |
|
5.67% |
<-IRR #YR-> |
5 |
Book Value per Share |
31.78% |
|
Leverage (A/BK) |
2.36 |
2.12 |
2.41 |
3.14 |
2.39 |
2.75 |
2.93 |
3.03 |
3.17 |
3.11 |
3.34 |
3.23 |
3.48 |
3.14 |
|
|
|
3.12 |
<-Median-> |
10 |
A/BV |
|
|
Debt/Equity Ratio |
1.36 |
1.12 |
1.41 |
2.14 |
1.39 |
1.75 |
1.93 |
2.03 |
2.17 |
2.11 |
2.34 |
2.23 |
2.48 |
2.14 |
|
|
|
2.12 |
<-Median-> |
10 |
Debt/Eq Ratio |
|
|
Sharerholders
Equity (Assets less liabilities) |
|
|
|
|
|
|
|
P/BV |
10 yr Med |
1.80 |
5 yr Med |
1.84 |
|
-5.44% |
Diff M/C |
|
2.91 |
Historical |
|
A/BV |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$13.69 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$23.28 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$17.67 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$23.28 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$144.11 |
<-12 mths |
-3.62% |
|
|
|
|
|
|
|
Comprehensive Income |
$12.21 |
$22.49 |
$24.87 |
$16.38 |
$15.97 |
$75.30 |
$54.38 |
$49.54 |
$101.86 |
$64.38 |
$13.28 |
$71.52 |
$149.52 |
|
|
|
|
501.31% |
<-Total Growth |
10 |
Comprehensive Income |
|
|
Increase |
19.64% |
84.28% |
10.55% |
-34.11% |
-2.53% |
371.58% |
-27.78% |
-8.90% |
105.59% |
-36.79% |
-79.37% |
438.59% |
109.06% |
|
|
|
|
105.59% |
<-Median-> |
5 |
Comprehensive Income |
|
|
5 Yr Running Average |
$8.33 |
$11.83 |
$15.28 |
$17.23 |
$18.38 |
$31.00 |
$37.38 |
$42.32 |
$59.41 |
$69.09 |
$56.69 |
$60.12 |
$80.11 |
|
|
|
|
19.65% |
<-IRR #YR-> |
10 |
Comprehensive Income |
501.31% |
|
ROE |
8.5% |
10.0% |
8.4% |
5.4% |
5.3% |
16.9% |
11.2% |
8.6% |
16.5% |
8.8% |
1.9% |
8.9% |
14.7% |
|
|
|
|
24.72% |
<-IRR #YR-> |
5 |
Comprehensive Income |
201.80% |
|
5Yr Median |
10.1% |
10.0% |
9.5% |
8.5% |
8.4% |
8.4% |
8.4% |
8.6% |
11.2% |
11.2% |
8.8% |
8.8% |
8.9% |
|
|
|
|
18.02% |
<-IRR #YR-> |
10 |
5 Yr Running Average |
424.18% |
|
% Difference from NI |
-5.3% |
8.4% |
-1.9% |
82.4% |
93.4% |
87.2% |
-11.6% |
-31.3% |
43.9% |
-23.0% |
-52.7% |
4.3% |
36.3% |
|
|
|
|
13.62% |
<-IRR #YR-> |
5 |
5 Yr Running Average |
89.32% |
|
Median Values |
|
|
|
|
|
|
|
|
|
Diff |
5, 10 yr |
20.3% |
4.3% |
|
|
|
|
8.9% |
<-Median-> |
5 |
Return on Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$24.9 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$149.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$49.5 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$149.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
-$15.3 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$80.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$42.3 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$80.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Liability
Coverage Ratio |
0.56 |
0.75 |
0.45 |
0.25 |
0.83 |
0.60 |
0.83 |
0.69 |
0.92 |
0.94 |
0.75 |
0.56 |
0.61 |
0.59 |
|
|
|
|
|
|
CFO / Current Liabilities |
|
|
5 year Median |
0.70 |
0.70 |
0.56 |
0.46 |
0.56 |
0.60 |
0.60 |
0.69 |
0.83 |
0.83 |
0.83 |
0.75 |
0.75 |
0.61 |
|
|
|
0.75 |
<-Median-> |
5 |
Current Liability Cov Ratio |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Asset Efficiency Ratio |
8.12% |
13.18% |
11.05% |
5.38% |
12.05% |
8.83% |
10.35% |
10.30% |
11.25% |
11.57% |
9.66% |
10.21% |
10.04% |
8.96% |
|
|
|
|
|
|
CFO / Total Assets |
|
|
5 year Median |
10.72% |
10.72% |
11.05% |
9.35% |
11.05% |
11.05% |
10.35% |
10.30% |
10.35% |
10.35% |
10.35% |
10.30% |
10.21% |
10.04% |
|
|
|
10.2% |
<-Median-> |
5 |
Return on Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Return on Assets ROA |
3.83% |
4.34% |
3.57% |
0.93% |
1.15% |
3.27% |
4.32% |
4.13% |
3.62% |
3.69% |
1.22% |
2.65% |
3.09% |
3.65% |
|
|
|
Net |
Income/Assets |
|
Return on Assets |
|
|
5Yr Median |
4.85% |
4.34% |
3.83% |
3.83% |
3.57% |
3.27% |
3.27% |
3.27% |
3.62% |
3.69% |
3.69% |
3.62% |
3.09% |
3.09% |
|
|
|
3.2% |
<-Median-> |
10 |
Asset Efficiency Ratio |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Return on Equity ROE |
9.03% |
9.19% |
8.61% |
2.94% |
2.76% |
9.01% |
12.65% |
12.50% |
11.47% |
11.46% |
4.09% |
8.57% |
10.76% |
11.47% |
|
|
|
Net Inc/ |
Shareholders' equity |
|
Return on Equity |
|
|
5Yr Median |
12.11% |
9.19% |
9.03% |
9.03% |
8.61% |
8.61% |
8.61% |
9.01% |
11.47% |
11.47% |
11.47% |
11.46% |
10.76% |
10.76% |
|
|
|
9.9% |
<-Median-> |
10 |
Return on Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$119.68 |
<-12 mths |
9.13% |
|
|
|
|
|
|
|
Net Income |
$12.89 |
$20.75 |
$25.35 |
$8.98 |
$8.26 |
$40.23 |
$61.50 |
$72.16 |
$70.77 |
$83.64 |
$28.06 |
$68.59 |
$109.67 |
$139 |
$186 |
$227 |
|
332.60% |
<-Total Growth |
10 |
Net Income |
|
|
Increase |
-0.73% |
60.89% |
22.20% |
-64.56% |
-8.11% |
387.39% |
52.85% |
17.34% |
-1.93% |
18.18% |
-66.46% |
144.48% |
59.90% |
26.75% |
33.81% |
22.04% |
|
EPS/CF Ratio should not be higher than 1.00 |
|
|
5 Yr Running Average |
$8.3 |
$11.5 |
$15.0 |
$16.2 |
$15.2 |
$20.7 |
$28.9 |
$38.2 |
$50.6 |
$65.7 |
$63.2 |
$64.6 |
$72.1 |
$85.8 |
$106.3 |
$146.1 |
|
15.77% |
<-IRR #YR-> |
10 |
Net Income |
|
|
Operating Cash Flow |
$25.60 |
$55.78 |
-$20.94 |
-$6.37 |
$99.83 |
$99.83 |
$107.44 |
$124.71 |
$164.64 |
$217.24 |
$259.97 |
$285.05 |
$335.12 |
|
|
|
|
8.73% |
<-IRR #YR-> |
5 |
Net Income |
|
|
Investment Cash Flow |
-$74.57 |
-$98.05 |
-$89.22 |
-$146.51 |
$97.45 |
-$375.58 |
-$250.81 |
-$307.09 |
-$206.97 |
-$323.78 |
-$196.28 |
-$357.94 |
-$655.45 |
|
|
|
|
16.98% |
<-IRR #YR-> |
10 |
5 Yr Running Ave. |
|
|
Total Accruals |
$61.86 |
$63.02 |
$135.52 |
$161.86 |
-$189.03 |
$315.98 |
$204.86 |
$254.55 |
$113.09 |
$190.18 |
-$35.64 |
$141.48 |
$430.00 |
|
|
|
|
13.54% |
<-IRR #YR-> |
5 |
5 Yr Running Ave. |
|
|
Total Assets |
$337.01 |
$478.40 |
$709.37 |
$961.37 |
$715.10 |
$1,229.06 |
$1,424.53 |
$1,749.20 |
$1,957.30 |
$2,266.56 |
$2,294.18 |
$2,588.67 |
$3,548.84 |
|
|
|
|
|
Balance Sheet |
|
Assets |
|
|
Accruals Ratio |
18.36% |
13.17% |
19.10% |
16.84% |
-26.43% |
25.71% |
14.38% |
14.55% |
5.78% |
8.39% |
-1.55% |
5.47% |
12.12% |
|
|
|
|
5.78% |
<-Median-> |
5 |
Ratio |
|
|
EPS/CF Ratio |
0.51 |
0.33 |
0.33 |
0.18 |
0.10 |
0.41 |
0.41 |
0.39 |
0.31 |
0.33 |
0.12 |
0.26 |
0.31 |
|
|
|
|
0.31 |
<-Median-> |
10 |
EPS/CF Ratio |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$25.4 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$109.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$72.2 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$109.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
-$15.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$72.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$38.2 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$72.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Change in Close |
35.94% |
44.79% |
1.46% |
-12.34% |
2.65% |
22.89% |
46.44% |
-14.63% |
-20.71% |
58.14% |
-18.01% |
15.01% |
24.89% |
-10.13% |
0.00% |
0.00% |
|
|
Count |
20 |
Change in Close |
|
|
up/down |
down |
down |
down |
|
down |
up |
down |
down |
down |
down |
down |
|
down |
down |
|
|
|
|
Count |
17 |
|
|
|
Meet Prediction? |
|
|
|
|
|
yes |
|
yes |
yes |
|
yes |
|
|
|
|
|
|
% right |
Count |
6 |
35.29% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial Cash Flow |
$45.58 |
$52.28 |
$102.86 |
$171.87 |
-$205.48 |
$268.66 |
$124.76 |
$228.16 |
$10.49 |
$88.87 |
-$15.15 |
$79.42 |
$380.97 |
|
|
|
|
|
C F Statement |
|
Financial Cash Flow |
|
|
Total Accruals |
$16.28 |
$10.74 |
$32.66 |
-$10.02 |
$16.46 |
$47.32 |
$80.11 |
$26.39 |
$102.60 |
$101.32 |
-$20.49 |
$62.06 |
$49.03 |
|
|
|
|
|
|
|
Accruals |
|
|
Accruals Ratio |
4.83% |
2.25% |
4.60% |
-1.04% |
2.30% |
3.85% |
5.62% |
1.51% |
5.24% |
4.47% |
-0.89% |
2.40% |
1.38% |
|
|
|
|
2.40% |
<-Median-> |
5 |
Ratio |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash |
$1.47 |
$11.48 |
$4.17 |
$23.17 |
$14.97 |
$15.50 |
$26.49 |
$72.32 |
$42.97 |
$22.06 |
$69.86 |
$75.41 |
$139.90 |
$50.56 |
|
|
|
|
|
|
Cash |
|
|
Cash per Share |
$0.10 |
$0.66 |
$0.20 |
$1.07 |
$0.67 |
$0.56 |
$0.92 |
$2.31 |
$1.37 |
$0.64 |
$1.97 |
$1.95 |
$3.29 |
$1.19 |
|
|
|
$1.95 |
<-Median-> |
5 |
Cash per Share |
|
|
Percentage of Stock
Price |
0.58% |
2.60% |
0.78% |
4.71% |
2.87% |
1.97% |
2.20% |
6.48% |
4.86% |
1.42% |
5.38% |
4.62% |
6.26% |
2.52% |
|
|
|
4.86% |
<-Median-> |
5 |
% of Stock Price |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Notes: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
August 17,
2023. Last estimates were for 2022,
2023 and 2024 of $2002M, $2249M and $2350M for
Revenue, $4.56 and $6.36 for Free CFPS for 2022/3, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$3.25, $4.51
and $5.30 for AEPS, $2.80, $42.25 and $4.64 for
EPS, $2.43, $2.60 and $2.77 for Dividends, $193M, $231M and $257M for FCF,
and $112M, $172M and $210M for Net Income. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
August 14,
2022. Last estimates were for 2021,
2022 and 2023 pf $1336M, $1567M and $1704M for
Revenue, $1.89, $2.87 and $3.69 for EPS, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$2.29, $2.37
and $2.59 for Div., $153M, $188M and $194M for
FCF, $6.71 for 2021 for CFPS, and $66.7M, $109M and $155M for Net Income. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
August 15,
2021. Last estimates were for 2020,
2021 and 2022 of $1197M, $1425M and $1535M for
Revenue, $0.80, $2.57 and $2.60 for EPS, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$2.28, $2.30
and $2.43 for Div., $127M, $170M and $144M for
FCF, $3.77 and 6.71 for CFPS for 2020-21 and $25.3M, $88.3M and $97.9M for
Net Income. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
August 23,
2020. Last estimates were for 2019,
2020 and 2021 of $1306M, $1411M and $1526M for
Revenue, $2.63, $3.23 and $298 for EPS, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$7.65 and
$7.88 for CFPS for 2019 and 2020, and $79.4M, $100M
and $114M for Net Income. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
August 26,
2019. Last estimates were for 2018,
2019 and 2020 of $1170M, $1253M and $1311M for
revenue, $2.68, $3.03 and $2.77 for EPS, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$5.72, $6.71
and $6.71 for CFPS and $80.2M, $93.9M and $101M
for Net Income. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
September 2,
2018. Last estimates were for 2017,
2018 and 2019 of $995M, $1039M and $1039M for
Revnenue, $1.97, $2.22 and $2.49 for EPS, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$5.72, $6.17 and $6.71 for CFPS and $69.7M,
$82.5M and $83M for Net Income. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
September 4,
2017. Last estimates were for $910M,
$939M and $922M for Revenue, $2.14, $2.20 and
$2.27 for EPS, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$5.56, $5.88
and $6.43 for CFPS and $63.2M, $68.3M and $69.2M
for Net Income. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
September 3,
2016. Last estimates were for 2015,
2016 and 2017 of $783M, $843M and $862M for
Revenue, $1.65, $2.16 and $2.35 for EPS, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$5.15, $5.64
and $6.27 for CFPS and $42.7M, $54.3M and $58.7M
for Net Income. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
September 12,
2015. Last estimates were for 2014, 2015 and 2016
of $1062M, $1126M and $1144M for Revenue, $1.06, $2.06 and $1.77 for
EPS, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$2.75, $3.75
and $5.29 for CPFS and $20.9M $42.7M and $39.2M
for Net Income. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
September 6,
2014. Last estimates were for 2013,
2014 and 2015 of $992M, 1080M and $1052M for
Revenue, $1.77, $2.22 for 2013 and
2014 for EPS, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
and $3.31 and
$3.97 for 2013 and 2014 for CFPS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
On July 28,
2009 the company changed from an income trust to a
corporation. The change was from Exchange Industrial Income Fund
(TSX-EIF.UN). |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sector: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Industrial |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
What should
this stock accomplish? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Would I buy
this company and Why. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I like that it
is a dividen growth company. Earnings
have been picking up lately as has the CFPS. Debt Ratios are good. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I do prefer
companies that ROE at 10% or higher.
This has not had ROE that high in the past 5
years. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I really do
not like companies that make airplanes because I do not like airplane
companies. I doubt thet any can make profits longer term. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I was going to
put in a ? Mark in the Buy column, but that is realy a cop out. I will put in no for now and reevaule this company again in future years. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I do not like
it when they cannot afford the dividends by the usual method of EPS they
chose another method to prove they can afford
dividends. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I also used to
Onex which had a similar structure, but I never really made much money on it. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
September
2018. The companyy is into more than just airplanes, so that is no longer a
problem. In
the last two years their ROE is above 10% and they are no longer paying out
more than they earn. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
So this company is
probably ok. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Why am I following this
stock. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
One of my
blogger readers suggested this stock as one to review. There was an interesting article about this
stock in the G&M in May 2013. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
This article
suggested that the company had a hefty yield with an acquisition
tailwind. This article is now behind a
paywall. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
No articles
are now availabale. This article is
available <a
href="http://www.theglobeandmail.com/globe-investor/inside-the-market/stock-to-watch-exchange-income-offers-hefty-yield-with-acquisition-tailwinds/article12109973/"
target="_top" >here</a>. |
|
|
|
|
|
http://www.theglobeandmail.com/globe-investor/inside-the-market/stock-to-watch-exchange-income-offers-hefty-yield-with-acquisition-tailwinds/article12109973/ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividends |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividends are
paid monthly. The dividends are
declared for shareholders of record of one month
and paid in the following month. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For example,
the dividend declared for February 2014 was for shareholders of record onFebruary 28 and Paid on March 14, 2014. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
How they make their
money. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exchange
Income Corp is a diversified, acquisition-oriented corporation focused on
opportunities in two sectors, aerospace, aviation services and equipment, and
manufacturing. |
|
|
|
|
|
|
|
|
|
|
|
The business plan of the
corporation is to invest in profitable,
well-established companies with cash flows operating in niche markets. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For most
ratios, lower is better when looking for a good stock price. However, there are exceptions such as for
yield (dividends and erarnings) 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. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares; '%, Value $M |
%, Val $M |
Shares |
%, Val $M |
Shares |
%, Val $M |
Shares |
%, Val $M |
Shares |
%, Val $M |
Shares |
%, Val $M |
Shares |
%, Val $M |
Shares |
%, Val $M |
|
Shares |
%, Val $M |
|
|
Change |
|
Date |
2015 |
Sep 03 |
2016 |
Sep 04 |
2017 |
Sep 02 |
2018 |
Aug 26 |
2019 |
Aug 22 |
2020 |
Aug 15 |
2021 |
Aug 14 |
2022 |
|
|
Aug 17 |
2023 |
|
|
|
|
Pyle, Michael |
0.04% |
0.011 |
0.04% |
0.013 |
0.04% |
0.016 |
0.05% |
0.017 |
0.05% |
0.018 |
0.05% |
0.018 |
0.05% |
0.018 |
0.04% |
|
|
0.020 |
0.05% |
|
|
11.14% |
|
CEO - Shares - Amount |
$0.300 |
|
$0.440 |
|
$0.453 |
|
$0.444 |
|
$0.748 |
|
$0.669 |
|
$0.769 |
|
$0.960 |
|
|
|
$0.959 |
|
|
|
|
Options - percentage |
0.38% |
0.153 |
0.53% |
0.187 |
0.60% |
0.230 |
0.74% |
0.246 |
0.71% |
0.323 |
0.91% |
0.375 |
0.97% |
0.273 |
0.64% |
|
|
0.328 |
0.77% |
|
|
20.34% |
|
Options - amount |
$3.005 |
|
$6.409 |
|
$6.667 |
|
$6.513 |
|
$11.005 |
|
$11.853 |
|
$15.813 |
|
$14.365 |
|
|
|
$15.536 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Wowryk, Richard |
|
|
|
|
|
|
|
|
|
|
|
0.003 |
0.01% |
0.004 |
0.01% |
|
|
0.006 |
0.01% |
|
was officer in 2021, CFO |
50.27% |
|
CFO - Shares - Amount |
|
|
|
|
|
|
|
|
|
|
|
|
$0.135 |
|
$0.206 |
|
|
|
$0.279 |
|
in 2022. |
|
|
Options - percentage |
|
|
|
|
|
|
|
|
|
|
|
0.004 |
0.01% |
0.008 |
0.02% |
|
|
0.014 |
0.03% |
|
|
79.44% |
|
Options - amount |
|
|
|
|
|
|
|
|
|
|
|
|
$0.183 |
|
$0.399 |
|
|
|
$0.643 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Bergman, Darryl |
|
|
|
|
|
|
|
0.000 |
0.00% |
0.000 |
0.00% |
0.000 |
0.00% |
0.000 |
0.00% |
|
|
|
|
|
Not showing on INK '19 |
#DIV/0! |
|
CFO - Shares - Amount |
|
|
|
|
|
|
|
|
$0.000 |
|
$0.000 |
|
$0.000 |
|
$0.000 |
|
|
|
|
|
as officer in 2022 |
|
|
Options - percentage |
|
|
|
|
|
|
|
0.000 |
0.00% |
0.008 |
0.02% |
0.013 |
0.03% |
0.019 |
0.04% |
|
|
|
|
|
|
-100.00% |
|
Options - amount |
|
|
|
|
|
|
|
|
$0.000 |
|
$0.297 |
|
$0.554 |
|
$1.003 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Terwin, Adam |
0.08% |
0.022 |
0.08% |
0.033 |
0.11% |
0.004 |
0.01% |
0.038 |
0.11% |
0.039 |
0.11% |
0.031 |
0.08% |
0.042 |
0.10% |
|
|
0.044 |
0.10% |
|
was CFO |
3.84% |
|
Officer - Shares -
Amount |
$0.606 |
|
$0.935 |
|
$1.191 |
|
$0.118 |
|
$1.683 |
|
$1.428 |
|
$1.292 |
|
$2.212 |
|
|
|
$2.064 |
|
|
|
|
Options - percentage |
0.19% |
0.066 |
0.23% |
0.076 |
0.24% |
0.015 |
0.05% |
0.093 |
0.27% |
0.112 |
0.32% |
0.127 |
0.33% |
0.132 |
0.31% |
|
|
0.145 |
0.34% |
|
|
10.05% |
|
Options - amount |
$1.474 |
|
$2.763 |
|
$2.702 |
|
$0.436 |
|
$4.165 |
|
$4.118 |
|
$5.359 |
|
$6.943 |
|
|
|
$6.867 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Peter, Carmele |
1.20% |
0.004 |
0.01% |
0.005 |
0.02% |
0.036 |
0.12% |
0.005 |
0.01% |
0.005 |
0.01% |
0.005 |
0.01% |
0.005 |
0.01% |
|
|
0.005 |
0.01% |
|
|
0.00% |
|
Officer - Shares -
Amount |
$9.445 |
|
$0.176 |
|
$0.181 |
|
$1.027 |
|
$0.227 |
|
$0.186 |
|
$0.214 |
|
$0.267 |
|
|
|
$0.240 |
|
|
|
|
Options - percentage |
0.13% |
0.064 |
0.22% |
0.084 |
0.27% |
0.087 |
0.28% |
0.118 |
0.34% |
0.166 |
0.47% |
0.197 |
0.51% |
0.206 |
0.48% |
|
|
0.246 |
0.58% |
|
|
19.51% |
|
Options - amount |
$0.998 |
|
$2.683 |
|
$3.002 |
|
$2.463 |
|
$5.278 |
|
$6.098 |
|
$8.308 |
|
$10.836 |
|
|
|
$11.638 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Bennett, Brad |
5.77% |
1.595 |
5.54% |
1.666 |
5.32% |
1.666 |
5.32% |
1.666 |
4.80% |
1.764 |
4.97% |
1.764 |
4.55% |
1.764 |
4.15% |
|
|
1.764 |
4.15% |
|
|
0.00% |
|
Director - Shares -
Amount |
$45.478 |
|
$66.598 |
|
$59.361 |
|
$47.069 |
|
$74.434 |
|
$64.617 |
|
$74.317 |
|
$92.817 |
|
|
|
$83.417 |
|
|
|
|
Options - percentage |
0.02% |
0.008 |
0.03% |
0.009 |
0.03% |
0.011 |
0.03% |
0.014 |
0.04% |
0.018 |
0.05% |
0.023 |
0.06% |
0.027 |
0.06% |
|
|
0.032 |
0.07% |
|
|
17.78% |
|
Options - amount |
$0.160 |
|
$0.320 |
|
$0.326 |
|
$0.308 |
|
$0.632 |
|
$0.642 |
|
$0.949 |
|
$1.415 |
|
|
|
$1.498 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Buckley, Gary |
0.91% |
0.265 |
0.92% |
0.348 |
1.11% |
0.367 |
1.17% |
0.375 |
1.08% |
0.377 |
1.06% |
0.392 |
1.01% |
0.392 |
0.92% |
|
|
0.449 |
1.06% |
|
|
14.55% |
|
Director - Shares -
Amount |
$7.198 |
|
$11.076 |
|
$12.388 |
|
$10.361 |
|
$16.774 |
|
$13.825 |
|
$16.514 |
|
$20.624 |
|
|
|
$21.232 |
|
|
|
|
Options - percentage |
0.02% |
0.008 |
0.03% |
0.009 |
0.03% |
0.011 |
0.03% |
0.013 |
0.04% |
0.016 |
0.05% |
0.021 |
0.05% |
0.025 |
0.06% |
|
|
0.030 |
0.07% |
|
|
18.51% |
|
Options - amount |
$0.160 |
|
$0.320 |
|
$0.326 |
|
$0.308 |
|
$0.576 |
|
$0.594 |
|
$0.889 |
|
$1.337 |
|
|
|
$1.424 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Streuber, Donald |
|
|
|
|
|
|
|
|
|
|
|
0.341 |
0.88% |
0.356 |
0.84% |
|
|
0.368 |
0.87% |
|
|
3.27% |
|
Chairman - Shares - Amt |
|
|
|
|
|
|
|
|
|
|
|
|
$14.381 |
|
$18.736 |
|
|
|
$17.389 |
|
|
|
|
Options - percentage |
|
|
|
|
|
|
|
|
|
|
|
0.023 |
0.06% |
0.029 |
0.07% |
|
|
0.035 |
0.08% |
|
|
23.70% |
|
Options - amount |
|
|
|
|
|
|
|
|
|
|
|
|
$0.949 |
|
$1.501 |
|
|
|
$1.668 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Filmon, Gary |
0.19% |
0.055 |
0.19% |
0.066 |
0.21% |
0.067 |
0.21% |
0.068 |
0.20% |
0.069 |
0.19% |
0.070 |
0.18% |
|
|
|
|
|
|
|
Ceased insider in May 2022 |
|
|
Chairman - Shares - Amt |
$1.518 |
|
$2.307 |
|
$2.363 |
|
$1.884 |
|
$3.032 |
|
$2.527 |
|
$2.968 |
|
|
|
|
|
|
|
|
|
|
Options - percentage |
0.04% |
0.016 |
0.06% |
0.020 |
0.06% |
0.024 |
0.08% |
0.029 |
0.08% |
0.033 |
0.09% |
0.040 |
0.10% |
|
|
|
|
|
|
|
|
|
|
Options - amount |
$0.327 |
|
$0.682 |
|
$0.708 |
|
$0.680 |
|
$1.287 |
|
$1.223 |
|
$1.686 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase in O/S Shares |
0.14% |
0.022 |
0.08% |
0.006 |
0.02% |
0.008 |
0.02% |
0.009 |
0.03% |
0.018 |
0.05% |
0.031 |
0.09% |
0.189 |
0.49% |
|
|
0.055 |
0.13% |
|
|
|
|
due to SO 2013 |
$0.755 |
|
$0.620 |
|
$0.235 |
|
$0.275 |
|
$0.241 |
|
$0.814 |
|
$1.122 |
|
$7.967 |
|
|
|
$2.901 |
|
|
|
|
Book Value |
$0.706 |
|
$0.482 |
|
$0.098 |
|
$0.199 |
|
$0.171 |
|
$0.477 |
|
$0.606 |
|
$2.156 |
|
|
|
$1.336 |
|
|
|
|
Insider Buying |
-$8.320 |
|
-$1.240 |
|
-$5.460 |
|
-$0.297 |
|
-$0.215 |
|
-$2.196 |
|
$0.000 |
|
-$0.456 |
|
|
|
-$0.315 |
|
|
|
|
Insider Selling |
$1.902 |
|
$1.052 |
|
$0.010 |
|
$1.071 |
|
$0.289 |
|
$0.000 |
|
$0.413 |
|
$4.988 |
|
|
|
$0.031 |
|
|
|
|
Net Insider Selling |
-$6.418 |
|
-$0.188 |
|
-$5.450 |
|
$0.774 |
|
$0.073 |
|
-$2.196 |
|
$0.413 |
|
$4.532 |
|
|
|
-$0.284 |
|
|
|
|
% of Market Cap |
-0.81% |
|
-0.02% |
|
-0.49% |
|
0.09% |
|
0.00% |
|
-0.17% |
|
0.03% |
|
0.20% |
|
|
|
-0.01% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Directors |
|
10 |
|
9 |
|
11 |
|
10 |
|
10 |
|
10 |
|
10 |
|
|
|
10 |
|
|
|
|
|
Women |
10% |
1 |
10% |
1 |
11% |
3 |
27% |
3 |
30% |
3 |
30% |
3 |
30% |
3 |
30% |
|
|
3 |
30% |
|
|
|
|
Minorities |
0% |
0 |
0% |
0 |
0% |
0 |
0% |
0 |
0% |
0 |
0% |
0 |
0% |
0 |
0% |
|
|
0 |
0% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Institutions/Holdings |
13.21% |
24 |
9.90% |
55 |
10.88% |
50 |
9.08% |
56 |
11.52% |
20 |
6.89% |
20 |
7.37% |
20 |
6.86% |
|
|
20 |
8.87% |
|
|
|
|
Total Shares Held |
11.09% |
2.828 |
9.82% |
3.358 |
10.72% |
2.865 |
9.15% |
3.713 |
10.70% |
2.405 |
6.78% |
2.794 |
7.21% |
2.736 |
6.44% |
|
|
4.128 |
9.72% |
|
|
|
|
Increase/Decrease 3 Mths |
5.36% |
-0.082 |
-2.83% |
-0.718 |
-17.61% |
0.057 |
2.03% |
0.037 |
1.00% |
-0.146 |
-5.74% |
-0.110 |
-3.78% |
0.004 |
0.13% |
|
|
0.762 |
22.63% |
|
|
|
|
Starting No. of Shares |
|
2.911 |
|
4.076 |
|
2.808 |
Reuters |
3.676 |
Reuters |
2.551 |
Top 20 MS |
2.903 |
Top 20 MS |
2.732 |
Top 20 MS |
|
3.366 |
Top 20 MS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Copyright ©
2008 Website of SPBrunner. All rights reserved. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|