AUSTRALIAN COMPANY NEWS BITES
STOCK REPORT
Aristocrat Leisure Limited (ASX:ALL), Australia's 6th largest consumer services company by market capitalisation, closed unchanged at $3.61. Compared with the All Ordinaries Index, which fell 5.6 points (or 0.1%) on the day, this was a relative price change of 0.1%. The volume was 1.0 time the average trading of 2 million shares. The stock was unchanged for a second day on Thursday.
Bearish Signals
Fundamental measures by comparison with the sector average [in brackets] indicate Overvaluation:
- Price/Earnings of 32.9 [17.9].
- Price/Sales of 2.6 [1.9].
- Dividend yield of 2.8% [4.4%].
Other Bearish Signals:
- Tobin's Q Ratio, defined as MCap divided by Total Assets, is 2.7. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.
Description | Value | Rank In Market |
Total Debt to Equity | 0.8 | In Bottom Quartile |
Dividend Yield % | 2.8% | In Bottom Quartile |
Price Earnings | 32.9 | In Bottom Quartile |
Price to Book Value | 11.5 | In Bottom 4% |
P/E * P/NTA | 376.92 | In Bottom 1% |
Bullish Signals
- The present value of $1,000 (PV$1000) invested one year ago is $1,376, including a capital gain of $327 and dividend reinvested of $48.
PV$1000 | 1-week | 1-month | 1-year |
ALL.ASX | 970 | 960 | 1,376 |
All Ordinaries Index | 1,000 | 1,035 | 1,272 |
Fundamental measures by comparison with the sector average [in brackets] indicate Undervaluation:
- Return on Equity 21.7% [13.4%].
- Return on Assets 8.3% [6.9%].
- Return on Capital Employed 17.2% [14.3%].
Other Bullish Signals:
- Total Liabilities/EBITDA of 3.8 is comfortably below 5, this compares favourably with the Joseph Piotroski benchmark of 5.
Description | Value | Rank In Market |
MCap | US$2 billion | In Top 9% |
Return on Equity [ROE] % | 21.7 | In Top Quartile |
Price/MAP200 | 1.22 | In Top Quartile |
Price/MAP50 | 1.02 | In Top Quartile |
Relative Strength (6M) | 78 | In Top Quartile |
Note
Beta: the Beta of this stock is 1.7. A Beta greater than 1 suggests this is a high risk, high return stock with volatility greater than that of the market.
- It is at a discount of 8.4% to the 12-month high of $3.94 on 20 Feb, 2013. It is also at a premium of 57.6% to the 12-month low of $2.29 on 02 Aug, 2012.
FINANCIALS
Annual Report for the year ended September 30, 2012 (year-on-year comparisons with previous corresponding period)-
