KidBackInTown schreef op 17 september 2016 11:55:
TomTom vergeleken met peers:
"TomTom NV – Value Analysis (EURONEXT AMSTERDAM:TOM2) : September 16, 2016
September 16, 2016 by CapitalCube
Capitalcube gives TomTom NV a score of 50.
Our analysis is based on comparing TomTom NV with the following peers – Trakm8 Holdings PLC, Parrot SA, RoodMicrotec N.V. and Neways Electronics International N.V. (TRAK-GB, PARRO-FR, ROOD-NL and NEWAY-NL)."
"Considering peers,
relative underperformance over the last year and the last month suggest a lagging position.
TomTom International B.V.’s current Price/Book of 1.83 is about median in its peer group.
The market
expects TOM2-NL to
grow faster than its peers and for the company to improve its current ROE.
TOM2-NL has
relatively high profit margins while operating with median asset turns.
Compared with its chosen peers, the company’s annual revenues and earnings change at a slower rate,
implying a lack of strategic focus and/or lack of execution success.
TOM2-NL‘s return on assets has improved from below median to about median among its peers over the last five years.
The company’s margins are around the peer medians and
do not suggest any benefit from a pricing or an operating cost advantage versus peers.
While TOM2-NL‘s
revenues have increased slower than peer median, the market currently gives the company a higher than peer median P/E ratio and may be factoring in some sort of a strategic play.
The company’s capital investment program suggests it is
under-investing in a business that is producing peer median returns.
TOM2-NL has the financial and operating capacity to borrow quickly."
en nog veel meer om je een beeld te vormen hoe T2 zich verhoudt tot de genoemde peers:
www.capitalcube.com/blog/index.php/to...het houdt je van de straat en je kunt er je voordeel mee doen.
Probeer er objectief naar te kijken, schakel je vooroordelen even uit.
Mocht je van te voren al weten dat je bij je eigen mening blijft, lees dan het hele verhaal niet, sla het over want het zal je niets brengen, je zult er niets van leren, dan is het zonde van je tijd.