Hints and tips:
...The S&P 489 has a weighted average P/E of 24, cheaper than the whole index, but not by much....
...TCI made $12.9bn for investors and ended last year up 33 per cent, ahead of the S&P 500 index’s 24 per cent rise....
...Stocks with low P/E ratios relative to their expected growth rates are rare....
...Darpa could work with the Advanced Research Projects Agency-Energy (ARPA-E) to include vulnerability assessments to identify key threats throughout the global supply chain....
...Its forward P/E is just 15. We’re still searching for good stock picks. If you’ve got a candidate, email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Ethan WuAnd just to put a finer point on it, the point here is it’s not enough to just look at headline p/e for the UK, headline p/e for the US and say, well, golly, there’s a huge discount here....
...It is worth remembering that rates rallied sharply following the downgrade of the USA sovereign rating by S&P in August 2011....
...Correspondingly, the “terminal” or “exit” P/E multiple in your model should be average too. This would have been very good advice for someone who was modelling Facebook a couple of years ago....
...As of yesterday, value stocks have a forward P/E of 13.4, against growth stocks at 22.4. The ratio is 0.57....
...The Faangs, in market cap terms, are numbers 1, 2, 3, 4 and 7 in the S&P 500....
...E to revenue growth or “PEG” ratio)....
...But while the “E” of environmental, social and governance issues is dominating headlines this week — particularly given fresh signs of climate change emerging from Europe’s floods — nobody should overlook...
...El San Juan, 5th Avenue between E 116th and 117th....
...The future of E&P companies may be different than the future of the E&P industry itself....
...They illustrate their argument by comparing the paths to success of the richest people in Mexico and the USA (p. 39)....
...Our PT values CPR on 40x 2021 P/E (ex-further M&A) vs Spirits on 23x. ST momentum to hold....
...Our price target is based on a mix of our DCF as well as P/E and EV/EBITDA multiples....
...And you don’t hear much complaining when the industry does beat the S&P, as was the case in 2018....
...The e-cig PMTA deadline is 9 September. Open-tank e-cigs account for 5% of US nicotine volume, sold largely in flavours, and are seeing significant dislocation as manufacturers struggle to file PMTA....
...We cross-check our PT with a 2024E P/E multiple discounted to present value; our PT would imply a 15x P/E multiple vs 23.0x developed Sx pharma 12m forward P/E average....
...We believe this will likely remain supportive of improving E&P share prices....
...On our forecasts, IWG trades on 77.4x 2021E P/E, before the impact of this placing....
...EnQuest’s cash netback lead among UK E&P’s has improved further as yet more legacy high-cost fields are shut-in permanently....
...This puts the sector on a relative P/E premium of 29% on NTM+1 (Apr 21-Mar 22), 18.5x for Beverages vs 14.3x for the Market....
...We increase our PT to £19.00 (from £12.60) reflecting a 70% 2021 P/E premium to the sector in-line with its MT top-line outperformance. H1 2020 preview....
International Edition