Here's a breakdown: https://www.morningstar.com/stocks/pinx/svvtf/financials
While TILT's ability to make money is still in question, doesn't their low debt and current price to book value alone make them a good investment? Am I missing something?
Does anybody know why the P/B is "N/A" for this company?
I understand P/E can be N.A. because of the negative EPS, but book value cannot be negative, right?
Thanks!
Hi r/investing,
These past few weeks, I've read a lot of Peter Lynch (Learn to Earn, Beating the Street, and One up on Wall Street). Lynch seems to advocate searching for small, high growth, profitable companies that aren't too overbought. Today, I did a Google stock screen with the following metrics:
- Mkt Cap: 1-10Billion
- 5 yr net income growth rate: 10-60
- 5 yr revenue growth rate: 10-30
- Price to book ratio: 0-3
- Long-term debt to assets %: none specified
I tried to find 10 companies to satisfy my high growth/value screen and bolded the metrics I find most useful for this screen. I realize these companies are in such different industries that it may be hard to compare number and ratios between them. Nonetheless, they satisfy my criteria for small, profitable companies with high growth over the past 5 years that trade under 3 times their book value. These are the 10 companies I found:
Mkt Cap, P/E, Dividend, 5yr net income growth, 5yr revenue growth, P/B, Lt Debt/Assets
- Rock-Tenn Company (RKT)- 6.75B, 9.44 P/E, 1.49 dividend percentage, 55.30 5 year net income growth rate, 27.45 5 year revenue growth rate, 1.56 Price to book, 26.48 LT debt/assets
The Rock-Tenn company makes and recycles corrugated and consumer packaging. It operates in the US, Canada, Mexico, Chile, Argentina, Puerto Rico, and China
- Shutterfly (SFLY) - 1.82B, 98.12 P/E, 0 dividend, 19.15 5 year net income growth, 27.96 5 year revenue growth, 2.57 price to book, 0 debt
Shutterfly makes and sells online based photo-based products and prints. They sell photo-books, greeting cards, stationary, and personalized calendars. They recently acquired BorrowLenses, a marketplace for renting camera and video equipment. I've used Shutterfly and was very pleased with my photo album. They also have got great reviews from others regarding their product.
- SunCoke Energy Partners (SXCP) - 1.51B, 36.52 P/E, 0 dividend, 26.54 5 year net income growth, 29.76 5 year revenue growth,** 2.77** price to book, 35.81 debt/assets
SunCoke mines coal in Virginia and West Virginia to make coke, a princinpal raw material to make steel. They have cokemaking operations in the US, Brazil, and India.
- Banco Macro SA ADR (BMA) - 1.62B, 5.44 P/E, 0 dividend, 31.98 5 year net income, 29.57 revenue growth, 1.47 price to book, - debt (I'm not sure what the "-" means, if someone knows please tell me)
Hey guys, just wanting to point out something to the community which is publicly available but I'm not sure most are actually aware of.
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If Iconomi were to shut their doors tomorrow, the underlying crypto assets (their book value) would be distributed to ICN holders: https://www.reddit.com/r/ICONOMI/comments/697cbr/iconomi_ama_may_2017/dh548ay/ .
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ICNP represents approximately 45% of Iconomi's book value and is currently valued at a little over 52 million, therefore Iconomi's book value is over 100m. See https://www.reddit.com/r/ICONOMI/comments/6fdso7/iconomi_ama_june_2017/dijoflg/ and https://www.iconomi.net/dashboard/#/PERFORMANCE .
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ICNP has outperformed ICNX over the previous 30 days (217% vs. 176% at time of writing this). If ICNP performs at half of this last month's level then the Price to Book ratio would be 1 or less at the end of the next 30 days assuming ICN's price holds steady.
This means that you could put everything about public release, ICNX and DAAs aside. Take a minute to consider the underlying assets which ICN holds and the ICO investments they are making. Holding ICN only for the ICNP fund could be a good investment at this point. A price to book ratio of under 3 is considered a value investment in old world economics (http://www.investopedia.com/ask/answers/010915/what-considered-good-price-book-ratio.asp). ICN currently has a price to book ratio of 1.6 at the time of me writing this post.
I know that the land of crypto isn't exactly filled with old world value investor types, but I believe this information might be useful and informative to any that may be curious about Iconomi.
*I wrote this yesterday, today it's already less relevant as the ICN mcap is now 143m, but I think it's still an interesting point to bring up
As this post: https://www.reddit.com/r/ICONOMI/comments/6gpw9c/iconomi_price_to_book_ratio_and_why_its_important/ explained, the book value of ICONOMI is an important measure for the valuation of the ICN token. At the time of said post, the ICONOMI book value was estimated to be about 100m, ICN mcap was ~150m, and the total cap ~100b. Right now, ICN cap is 128m, and the total cap 145b. Assuming that the book value has risen together with the total crypto market cap (which seems reasonable, since ICONOMI is supposed to be an index - correct me if I'm wrong and this assumption is not reasonable) it would now be approximately 140m. This means that the price to book ratio is below 1, and that, in the event that the company ceases to exist right now, every ICN token would be compensated with assets worth more than the purchase price of the token.
To me, this sounds like the most unambiguous form of undervaluation possible, and I think it can only stem from a distrust in the ICONOMI team. This may have something to do with the lack of marketing and communication, but they do have (one or two, I forgot where I read this so excuse me for not providing a link/reference) employees that are fully focused on the legal side of the business, to make sure they comply with legislation as best as they can, being a fintech startup. That's one of the reasons I think the ICONOMI team can be trusted, and one of the reasons why I'm so confused that the price has gone this low.
From Morningstar: http://imgur.com/NrX31zE
In general, how does the math work?
In practical terms, what does it mean for the average buy-and-hold investor?
80 per cent of sales come from 20 per cent of books. This was always a likely outcome. It is still a sad day.
This means that if you want an expensive item over max cash (gp) you can quickly and conveniently buy or sell said item on the GE without having to find someone else. It also helps to more realistically confirm the prices of items that otherwise wouldn't be traded on the GE. I know we already have spirit shards, but they are for summoning, not intended as a currency. Platinum pieces would make all tradeable items buyable on the GE in a timely manner without having to wait years to buy something at max cash (gp) or having to waste time finding a seller on the forums.
Hello everyone, I would like to start off by saying that I've spent around 1000$ and 5k hours on Path of Exile and I really appreciate and love this game. I wish I could continue to spend more money and support the developers by getting some more dope MTX but I can't really do that because of these reasons that I'm going to list. This might a bit of a long post but I would really appreciate it if you could bare with me and maybe help me out so that someone on the GGG team can also see this.
I am living in Turkey and as of right now our currency which is Turkish Lira (TL) is 1/6 of a dollar. The economic state of the country has been going downhill for the last couple of years and it is making it harder and harder for me to buy anything because in order to buy something so simple as a weapon effect i'd have to spend half my allowance.
I'm definetely not saying that the conversion ratio for Turkish players should be 1:1 (60$ pack for 60TL) because that would probably be harmful for the company. However, I've played other games like Warframe and Fortnite and those game have catered prices for Turkish players. For example in Fortnite the 10$ VBucks option costs 30 TL for us which is a 1/3 ratio. I was hoping that GGG could have catered prices like that aswell. I would be much more motivated to spend my money and actually buy stuff if it didn't seem so absurd. I honestly believe that this might even be benefficial for them because I used to love buying supporter packs and I really didn't mind spending all of my money because it felt like it was worth it and I got alot in return. Nowadays, since the ratio is so absurd that I don't even consider buying anything anymore because it just isn't reasonable. Of course I am no expert in marketing or whatever so this is something that they will have to think about, I'm just hoping to get someone on the team to think about this. Thank you.
I've been comparing Intel's 10th Gen with the 3000 series lineup, because I want to build a PC just for gaming, specifically Warcraft 3 and switch emulator games. Higher clock, IPC and driver optimization are most crucial to the performance difference in my case, but realistically, with Intel's pricing, it feels like robbing my own home. So on opposites sides; Ryzen 3600 with cooler for €170 and the 10600k without a cooler for €300 with similar performance. How can Intel even compete, and how can I choose the 10600k with a straight face?
Edit 2:
Since I have a decent cpu cooler, was aiming at buying a ryzen 3600xt CPU and a B550 motherboard, because of the high pricing of the Ryzen XT and the B550, I've decided to go for the z390 tuf plus gaming with a 9600k and 85€ cashback. That combo set me back 300€ instead of +/- €450 for the former which has similar performance for my needs.
Thanks for the advice everyone! And sorry AMD, blame blizzard for this one.
So im currently learning to understand how to find a stocks intrinsic value and what i've read is that a stocks true value is = to there P/E ratio which makes sense in some cases not all, can some one give me a breakdown to help me understand and/or give me two different examples of how its P/E ratio is the true stock price?
