Money and Finance
- Broyhill Asset Management On Coca-cola Hellenic (cch)
An investment in CCH represents a compelling opportunity to own a high quality business characterized by high customer captivity with significant economies of scale at a substantial discount to intrinsic value. Shares have been dragged down by the...
- To Twitter Users....
If you use Twitter, please consider voting for Joe Moglia as Division I-FCS Coach of the Year (HERE). The TD Ameritrade Chairman (who has a picture on his wall playing poker with Warren Buffett, in which Mr. Buffett signed it: “To Joe, who always...
- So, What's Berkshire Worth Anyway?
It seems to be pretty clear to most value investors that Berkshire Hathaway is a bargain. But, how big of a bargain is it and how much can we expect to make over the next few years by purchasing a stake in Warren Buffett's masterpiece today? I view...
- Mcdonald's Stock Analysis
It's about time for another stock analysis. This time I decided to take a look atMcDonalds (MCD). McDonalds closed on Thursday 5/17/12 at $89.62. Company Background: McDonalds Corporation, together with its subsidiaries, franchises and operates...
- Nucor Stock Analysis
Nucor (NUE) operates mini-mills in the steel process. I recently ran their numbers through my spreadsheet and I'm fairly intrigued by the possibilities. Especially since I think the global economy is improving and the demand for steel should increase...
Money and Finance
Broyhill Asset Management: Put Me In Coach!!
Coach is a classic compounder, not to be confused with certain pyramid schemes, selling magic weight loss potions and masquerading as growth stories. From 2002 to 2012, the company's sales increased at a compound annual rate of 21.1%, while earnings per share grew 31.1%. However, in the past year, shares have slid 35.4% while the S&P 500 has generated a 13.4% total return, providing investors with a rare opportunity to own a high quality business at a significant discount to intrinsic value. Coach currently trades at 8.3x EBIT, 13.0x current and 11.7x forward earnings. In other words, the stock is priced as if Coach’s growth is long in its past. At its peak in 2001, shares fetched 32 times earnings. If we assume that Coach ultimately trades back towards its average forward multiple of 15x over the next three years, we estimate the stock is worth $76.60 in our base case, which represents more than 50% upside potential. In our bull case, upside is significantly greater.
- Broyhill Asset Management On Coca-cola Hellenic (cch)
An investment in CCH represents a compelling opportunity to own a high quality business characterized by high customer captivity with significant economies of scale at a substantial discount to intrinsic value. Shares have been dragged down by the...
- To Twitter Users....
If you use Twitter, please consider voting for Joe Moglia as Division I-FCS Coach of the Year (HERE). The TD Ameritrade Chairman (who has a picture on his wall playing poker with Warren Buffett, in which Mr. Buffett signed it: “To Joe, who always...
- So, What's Berkshire Worth Anyway?
It seems to be pretty clear to most value investors that Berkshire Hathaway is a bargain. But, how big of a bargain is it and how much can we expect to make over the next few years by purchasing a stake in Warren Buffett's masterpiece today? I view...
- Mcdonald's Stock Analysis
It's about time for another stock analysis. This time I decided to take a look atMcDonalds (MCD). McDonalds closed on Thursday 5/17/12 at $89.62. Company Background: McDonalds Corporation, together with its subsidiaries, franchises and operates...
- Nucor Stock Analysis
Nucor (NUE) operates mini-mills in the steel process. I recently ran their numbers through my spreadsheet and I'm fairly intrigued by the possibilities. Especially since I think the global economy is improving and the demand for steel should increase...