| This report should not be construed as providing investment
advice. It is for educational purposes only.
Before making any investment decision, you should always do your own
research or consult a investment professional. |
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| While I try to
be accurate, I assume no responsibility for any figure in this spreadsheet. |
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| See my website
on stocks or see my blog at the following sites. |
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www.spbrunner.com/stocks.html |
www.spbrunner.blogspot.com/ |
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| Andrew Peller
Ltd |
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www.andrewpeller.com |
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TSX: |
ADW.A |
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Fiscal Yr: |
Mar 31 |
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| Year |
3/31/99 |
3/31/00 |
3/31/01 |
3/31/02 |
3/31/03 |
3/31/04 |
3/31/05 |
3/31/06 |
3/31/07 |
3/31/08 |
3/31/09 |
3/31/10 |
3/31/11 |
3/30/12 |
3/30/13 |
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#Y |
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| Accting Rules |
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C GAAP |
IFRS |
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| Split |
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3 |
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| Revenue* |
$135.4 |
$133.6 |
$134.4 |
$139.0 |
$147.9 |
$155.9 |
$167.6 |
$211.8 |
$228.2 |
$237.1 |
$268.2 |
$263.2 |
$265.4 |
$270.4 |
<-12 mths |
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97.55% |
<-Total Growth |
10 |
Revenue |
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| Increase |
14.14% |
-1.33% |
0.54% |
3.46% |
6.37% |
5.45% |
7.52% |
26.33% |
7.75% |
3.92% |
13.11% |
-1.89% |
0.86% |
1.86% |
<-12 mths |
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7.05% |
<-IRR #YR-> |
10 |
Revenue |
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| Rev per Share |
$9.61 |
$9.40 |
$9.45 |
$9.77 |
$10.39 |
$10.56 |
$11.27 |
$14.22 |
$15.32 |
$15.92 |
$18.01 |
$17.67 |
$18.56 |
$18.91 |
<-12 mths |
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4.62% |
<-IRR #YR-> |
5 |
Revenue |
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| P/S (Price/Sales) |
0.49 |
0.43 |
0.37 |
0.57 |
0.53 |
0.71 |
0.80 |
0.63 |
0.73 |
0.58 |
0.37 |
0.46 |
0.50 |
0.47 |
<-12 mths |
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6.98% |
<-IRR #YR-> |
10 |
Rev per Share |
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| Averages |
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P/S |
10 yr |
0.57 |
5 yr |
0.50 |
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5.47% |
<-IRR #YR-> |
5 |
Rev per Share |
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| *Revenue in M
CDN $ |
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-$134.4 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$265.4 |
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-$211.8 |
$0.0 |
$0.0 |
$0.0 |
$0.0 |
$265.4 |
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-$9.45 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$18.56 |
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-$14.22 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$18.56 |
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| Pre-split 2007 |
$1.18 |
$2.29 |
$0.77 |
$1.01 |
$1.49 |
$2.01 |
$1.76 |
$1.25 |
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| EPS* |
$0.39 |
$0.76 |
$0.26 |
$0.34 |
$0.50 |
$0.67 |
$0.59 |
$0.42 |
$0.65 |
$0.78 |
-$0.01 |
$0.66 |
$0.76 |
$0.76 |
<-12 mths |
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196.10% |
<-Total Growth |
10 |
Earnings |
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| Increase |
-15.71% |
94.07% |
-66.38% |
31.17% |
47.52% |
34.90% |
-12.44% |
-28.98% |
56.00% |
20.00% |
-101.28% |
-15.38% |
15.15% |
0.00% |
<-12 mths |
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11.47% |
<-IRR #YR-> |
10 |
Earnings |
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| Earnings Yield |
8.3% |
19.1% |
7.3% |
6.0% |
9.1% |
8.9% |
6.5% |
4.7% |
5.8% |
8.5% |
-0.2% |
8.1% |
8.2% |
8.5% |
<-12 mths |
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12.77% |
<-IRR #YR-> |
5 |
Earnings |
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| * ESP per
share (Cdn GAAP) For A shares (which other sites use) |
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E/P |
10 Yrs |
7.31% |
5Yrs |
8.10% |
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-$0.26 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.76 |
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-$0.42 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.76 |
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| Extra Pre-split 07 |
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| Extra |
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| Pre-split 07 |
$0.64 |
$0.64 |
$0.64 |
$0.64 |
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| Div* |
$0.22 |
$0.22 |
$0.22 |
$0.22 |
$0.22 |
$0.22 |
$0.22 |
$0.22 |
$0.25 |
$0.30 |
$0.33 |
$0.33 |
$0.33 |
$0.35 |
$0.36 |
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53.49% |
<-Total Growth |
10 |
Dividends |
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| Increase |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
17.67% |
18.58% |
10.00% |
0.00% |
0.00% |
6.82% |
2.13% |
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0.00% |
<-Median-> |
10 |
Dividends |
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| Yield H/L |
3.52% |
4.45% |
5.44% |
4.70% |
3.85% |
3.19% |
2.58% |
2.33% |
2.39% |
2.99% |
3.58% |
4.29% |
3.84% |
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3.38% |
<-Median-> |
10 |
Dividends |
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| Yield on High |
2.88% |
3.92% |
4.85% |
3.79% |
3.48% |
2.69% |
2.23% |
2.18% |
2.00% |
2.54% |
2.87% |
3.67% |
3.57% |
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2.78% |
<-Median-> |
10 |
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| Yield on Low |
4.53% |
5.14% |
6.18% |
6.20% |
4.30% |
3.91% |
3.06% |
2.51% |
2.98% |
3.64% |
4.74% |
5.17% |
4.15% |
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4.03% |
<-Median-> |
10 |
Dividends |
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| Yield on Cl |
4.53% |
5.38% |
6.14% |
3.85% |
3.92% |
2.87% |
2.39% |
2.42% |
2.26% |
3.26% |
4.99% |
4.05% |
3.57% |
3.94% |
4.02% |
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3.41% |
<-Median-> |
10 |
Dividends |
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| Payout Ratio |
54.7% |
28.2% |
83.8% |
63.9% |
43.3% |
32.1% |
36.6% |
51.6% |
38.9% |
38.5% |
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50.0% |
43.4% |
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43.29% |
<-Median-> |
9 |
Dividends |
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| Payout Ratio CF |
30.9% |
24.0% |
31.5% |
58.1% |
21.2% |
76.5% |
47.2% |
16.9% |
82.9% |
51.0% |
35.9% |
28.2% |
20.5% |
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41.55% |
<-Median-> |
10 |
Dividends |
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| Average 5 Yrs |
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Div Yd |
4.91% |
5 |
6.12% |
10 |
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Yield |
3.58% |
3.57% |
Payout |
41.17% |
35.86% |
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4.38% |
<-IRR #YR-> |
10 |
Dividends |
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| * Dividends per share |
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4.5% |
Years |
4.5% |
Years |
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Last Div Inc ---> |
$0.08 |
$0.09 |
9.1% |
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8.95% |
<-IRR #YR-> |
5 |
Dividends |
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-$0.22 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.33 |
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-$0.22 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.33 |
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| H/LYield held 5 yrs |
5.14% |
5.90% |
5.55% |
4.41% |
3.03% |
3.52% |
4.45% |
5.44% |
5.54% |
5.37% |
4.89% |
3.97% |
3.58% |
3.33% |
3.59% |
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4.43% |
<-Median-> |
10 |
Dividends |
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| H/LYield held
10 yrs |
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5.14% |
5.90% |
5.55% |
5.19% |
4.23% |
5.40% |
6.83% |
8.34% |
7.71% |
6.45% |
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5.47% |
<-Median-> |
8 |
Dividends |
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| Graham No. |
$5.94 |
$8.87 |
$5.18 |
$6.04 |
$7.55 |
$9.11 |
$8.76 |
$7.51 |
$9.69 |
$11.00 |
$10.68 |
$15.80 |
$11.78 |
$11.81 |
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127.18% |
<-Total Growth |
10 |
Graham Price |
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| Prem /Disc.Med H/L |
2.82% |
-45.52% |
-23.70% |
-24.35% |
-25.99% |
-25.91% |
-5.06% |
22.91% |
9.18% |
-8.87% |
-13.58% |
-51.37% |
-26.97% |
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-18.96% |
<-Median-> |
10 |
Graham Price |
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| Prem /Disc. High |
25.70% |
-38.18% |
-14.53% |
-6.14% |
-18.24% |
-12.18% |
9.77% |
31.57% |
30.61% |
7.27% |
7.68% |
-43.12% |
-21.45% |
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0.56% |
<-Median-> |
10 |
Graham Price |
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| Prem /Disc. Low |
-20.07% |
-52.85% |
-32.86% |
-42.56% |
-33.74% |
-39.63% |
-19.90% |
14.26% |
-12.24% |
-25.00% |
-34.83% |
-59.63% |
-32.49% |
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-33.11% |
<-Median-> |
10 |
Graham Price |
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| Prem /Disc. Cl |
-20.07% |
-54.88% |
-32.48% |
-7.63% |
-27.38% |
-17.67% |
2.70% |
18.52% |
15.64% |
-16.37% |
-38.11% |
-48.43% |
-21.45% |
-24.25% |
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-17.02% |
<-Median-> |
10 |
Graham Price |
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| Price Cl |
$4.75 |
$4.00 |
$3.50 |
$5.58 |
$5.48 |
$7.50 |
$9.00 |
$8.90 |
$11.20 |
$9.20 |
$6.61 |
$8.15 |
$9.25 |
$8.95 |
$8.95 |
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164.29% |
<-Total Growth |
10 |
Stock Prices |
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| Increase |
-39.34% |
-15.79% |
-12.50% |
59.43% |
-1.79% |
36.86% |
20.00% |
-1.11% |
25.84% |
-17.86% |
-28.15% |
23.30% |
13.50% |
-3.24% |
0.00% |
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10.21% |
<-IRR #YR-> |
10 |
Stock Prices |
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| P/E |
12.08 |
5.24 |
13.64 |
16.57 |
11.03 |
11.19 |
15.34 |
21.36 |
17.23 |
11.79 |
-661.00 |
12.35 |
12.17 |
11.78 |
#VALUE! |
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0.77% |
<-IRR #YR-> |
5 |
Stock Prices |
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| Trailing P/E |
10.18 |
10.17 |
4.59 |
21.74 |
16.28 |
15.10 |
13.43 |
15.17 |
26.88 |
14.15 |
8.47 |
-815.00 |
14.02 |
11.78 |
11.78 |
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15.05% |
<-IRR #YR-> |
10 |
Price & Div |
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| Median 5 Yrs |
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3.40% |
4.84% |
Div % |
5, 10 yrs |
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Price Inc |
13.50% |
P/E: Y-T |
12.17 |
14.02 |
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4.17% |
<-IRR #YR-> |
5 |
Price & Div |
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-$3.50 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$9.25 |
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-$8.90 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$9.25 |
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-$3.50 |
$0.22 |
$0.22 |
$0.22 |
$0.22 |
$0.22 |
$0.25 |
$0.30 |
$0.33 |
$0.33 |
$9.58 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$8.90 |
$0.25 |
$0.30 |
$0.33 |
$0.33 |
$9.58 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Price H/L Median |
$6.11 |
$4.83 |
$3.96 |
$4.57 |
$5.59 |
$6.75 |
$8.32 |
$9.23 |
$10.58 |
$10.03 |
$9.23 |
$7.69 |
$8.60 |
|
|
|
117.45% |
<-Total Growth |
10 |
Stock Prices |
|
|
|
|
|
|
|
|
|
| Increase |
-13.94% |
-20.95% |
-18.12% |
15.55% |
22.21% |
20.86% |
23.26% |
10.94% |
14.57% |
-5.20% |
-7.93% |
-16.74% |
11.91% |
|
|
|
8.08% |
<-IRR #YR-> |
10 |
Stock Prices |
|
|
|
|
|
|
|
|
|
| P/E |
15.53 |
6.33 |
15.41 |
13.57 |
11.24 |
10.07 |
14.18 |
22.15 |
16.27 |
12.85 |
-923.00 |
11.64 |
11.32 |
|
|
|
-1.40% |
<-IRR #YR-> |
5 |
Stock Prices |
|
|
|
|
|
|
|
|
|
| Trailing P/E |
13.09 |
12.28 |
5.18 |
17.81 |
16.59 |
13.59 |
12.42 |
15.73 |
25.38 |
15.42 |
11.83 |
-768.50 |
13.03 |
|
|
|
12.70% |
<-IRR #YR-> |
10 |
Price & Div |
|
|
|
|
|
|
|
|
|
| Median 5 Yrs |
|
|
|
3.43% |
4.63% |
Div % |
5, 10 yrs |
|
Price Inc |
-5.20% |
P/E: Y-T |
11.64 |
13.03 |
|
|
|
2.02% |
<-IRR #YR-> |
5 |
Price & Div |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$3.96 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$8.60 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$9.23 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$8.60 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$3.96 |
$0.22 |
$0.22 |
$0.22 |
$0.22 |
$0.22 |
$0.25 |
$0.30 |
$0.33 |
$0.33 |
$8.93 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$9.23 |
$0.25 |
$0.30 |
$0.33 |
$0.33 |
$8.93 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Hi Mths |
Apr 98 |
Jul 99 |
Oct 00 |
Mar 02 |
Jun 02 |
Feb 04 |
Mar 05 |
May 05 |
Nov 06 |
Jun 07 |
Jun 08 |
Sep 09 |
Mar 11 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Price Hi |
$7.47 |
$5.48 |
$4.43 |
$5.67 |
$6.17 |
$8.00 |
$9.62 |
$9.88 |
$12.65 |
$11.80 |
$11.50 |
$8.99 |
$9.25 |
|
|
|
108.80% |
<-Total Growth |
10 |
Stock Prices |
|
|
|
|
|
|
|
|
|
| Increase |
-12.12% |
-26.64% |
-19.16% |
27.99% |
8.82% |
29.66% |
20.25% |
2.70% |
28.04% |
-6.72% |
-2.54% |
-21.83% |
2.89% |
|
|
|
7.64% |
<-IRR #YR-> |
10 |
Stock Prices |
|
|
|
|
|
|
|
|
|
| P/E |
18.99 |
7.18 |
17.26 |
16.84 |
12.42 |
11.94 |
16.40 |
23.71 |
19.46 |
15.13 |
-1150.00 |
13.62 |
12.17 |
|
|
|
-1.31% |
<-IRR #YR-> |
5 |
Stock Prices |
|
|
|
|
|
|
|
|
|
| Trailing P/E |
16.01 |
13.93 |
5.80 |
22.09 |
18.33 |
16.11 |
14.36 |
16.84 |
30.36 |
18.15 |
14.74 |
-899.00 |
14.02 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Median 5 Yrs |
|
|
|
|
|
|
|
|
Price Inc |
-2.54% |
P/E: Y-T |
13.62 |
14.74 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$4.43 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$9.25 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$9.88 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$9.25 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Low Mths |
Mar 99 |
May 99 |
Dec 00 |
May 01 |
Oct 02 |
Apr 03 |
Sep 04 |
Sep 05 |
May 06 |
Jan 08 |
Oct 08 |
Apr 09 |
Jun 10 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Price Low |
$4.75 |
$4.18 |
$3.48 |
$3.47 |
$5.00 |
$5.50 |
$7.02 |
$8.58 |
$8.50 |
$8.25 |
$6.96 |
$6.38 |
$7.95 |
|
|
|
128.45% |
<-Total Growth |
10 |
Stock Prices |
|
|
|
|
|
|
|
|
|
| Increase |
-16.67% |
-12.00% |
-16.75% |
-0.29% |
44.09% |
10.00% |
27.64% |
22.22% |
-0.93% |
-2.94% |
-15.64% |
-8.33% |
24.61% |
|
|
|
8.61% |
<-IRR #YR-> |
10 |
Stock Prices |
|
|
|
|
|
|
|
|
|
| P/E |
12.08 |
5.48 |
13.56 |
10.31 |
10.07 |
8.21 |
11.97 |
20.59 |
13.08 |
10.58 |
-696.00 |
9.67 |
10.46 |
|
|
|
-1.51% |
<-IRR #YR-> |
5 |
Stock Prices |
|
|
|
|
|
|
|
|
|
| Trailing P/E |
10.18 |
10.63 |
4.56 |
13.52 |
14.85 |
11.07 |
10.48 |
14.63 |
20.40 |
12.69 |
8.92 |
-638.00 |
12.05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Median 5 Yrs |
|
|
|
|
|
|
|
|
Price Inc |
-2.94% |
P/E: Y-T |
10.46 |
12.05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$3.48 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$7.95 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$8.58 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$7.95 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Market Cap |
66.97 |
56.84 |
49.74 |
79.41 |
77.99 |
110.77 |
133.81 |
132.54 |
166.79 |
137.01 |
98.44 |
121.37 |
132.28 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Pre-split 2007 |
4.700 |
4.737 |
4.737 |
4.744 |
4.744 |
4.923 |
|
4.964 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| # of Sh in M |
14.100 |
14.211 |
14.211 |
14.231 |
14.232 |
14.769 |
14.868 |
14.892 |
14.892 |
14.892 |
14.892 |
14.892 |
14.300 |
14.298 |
14.298 |
|
Capital Stock |
|
Shares |
|
|
|
|
|
|
|
|
|
| Increase |
0.09% |
0.79% |
0.00% |
0.14% |
0.01% |
3.77% |
0.67% |
0.16% |
0.00% |
0.00% |
0.00% |
0.00% |
-3.98% |
|
|
|
0.08% |
<-Average |
10 |
Shares |
|
|
|
|
|
|
|
|
|
| CF fr Op $M |
$9.82 |
$12.71 |
$9.70 |
$5.27 |
$14.41 |
$4.15 |
$6.77 |
$18.98 |
$4.55 |
$8.76 |
$13.70 |
$17.45 |
$23.02 |
$19.06 |
<-12 mths |
|
137.37% |
<-Total Growth |
10 |
Cash Flow |
|
|
|
|
|
|
|
|
|
| OPS |
$0.70 |
$0.89 |
$0.68 |
$0.37 |
$1.01 |
$0.28 |
$0.46 |
$1.27 |
$0.31 |
$0.59 |
$0.92 |
$1.17 |
$1.61 |
$1.33 |
<-12 mths |
|
135.89% |
<-Total Growth |
10 |
Cash Flow |
|
|
|
|
|
|
|
|
|
| 5 yr running ave |
$0.60 |
$0.80 |
$0.76 |
$0.66 |
$0.73 |
$0.65 |
$0.56 |
$0.68 |
$0.67 |
$0.58 |
$0.71 |
$0.85 |
$0.92 |
$1.12 |
<-12 mths |
|
8.96% |
<-IRR #YR-> |
10 |
Cash Flow |
|
|
|
|
|
|
|
|
|
| Diff from 5 yr av |
16.0% |
12.4% |
-9.9% |
-44.0% |
38.5% |
-56.6% |
-18.7% |
87.8% |
-54.2% |
1.2% |
29.9% |
37.5% |
75.2% |
18.5% |
<-12 mths |
|
4.78% |
<-IRR #YR-> |
5 |
Cash Flow |
|
|
|
|
|
|
|
|
|
| P/CF on Cl |
6.82 |
4.47 |
5.13 |
15.08 |
5.41 |
26.68 |
19.77 |
6.98 |
36.70 |
15.65 |
7.18 |
6.96 |
5.75 |
6.71 |
<-12 mths |
|
7.83% |
<-IRR #YR-> |
8 |
CF ex non-cash |
|
|
|
|
|
|
|
|
|
| Non-Cash |
$0.37 |
-$4.09 |
-$1.95 |
$3.18 |
-$2.59 |
$9.93 |
$7.61 |
-$5.59 |
$12.87 |
$9.06 |
$5.42 |
-$1.91 |
-$1.32 |
$3.81 |
<-12 mths |
|
11.02% |
<-IRR #YR-> |
5 |
CF ex non-cash |
|
|
|
|
|
|
|
|
|
| Non-Cash per sh |
$0.72 |
$0.61 |
$0.55 |
$0.59 |
$0.83 |
$0.95 |
$0.97 |
$0.90 |
$1.17 |
$1.20 |
$1.28 |
$1.04 |
$1.52 |
$1.60 |
<-12 mths |
|
82.79% |
<-Total Growth |
8 |
CF ex non-cash |
|
|
|
|
|
|
|
|
|
| P/CF on Cl |
6.57 |
6.60 |
6.42 |
9.40 |
6.60 |
7.87 |
9.30 |
9.89 |
9.58 |
7.69 |
5.15 |
7.81 |
6.10 |
5.60 |
<-12 mths |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Averages |
|
|
|
|
|
|
|
|
P/CF |
10 yr |
7.84 |
5 yr |
7.69 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| *Operational
Cash Flow per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$0.68 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$1.61 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$1.27 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$1.61 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$0.83 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$1.52 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$0.90 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$1.52 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| OPM |
7.25% |
9.51% |
7.22% |
3.79% |
9.75% |
2.66% |
4.04% |
8.96% |
1.99% |
3.69% |
5.11% |
6.63% |
8.67% |
7.05% |
|
|
should be zero, it is a check
on calculations |
|
|
|
|
|
|
|
|
|
|
|
|
| Diff from Ave |
58.6% |
107.9% |
57.8% |
-17.2% |
113.1% |
-41.8% |
-11.7% |
96.0% |
-56.4% |
-19.3% |
11.7% |
45.0% |
89.6% |
54.2% |
|
|
0.00 |
<-Median-> |
10 |
OPM |
|
|
|
|
|
|
|
|
|
| *Operational
Profit Margin (CF/Revenue) Ratio |
|
|
|
|
|
OPM |
10 Yrs |
4.57% |
5 Yrs |
5.11% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Q1 2011 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Curr Assets |
$69.83 |
$60.99 |
$59.97 |
$62.33 |
$59.05 |
$68.49 |
$78.74 |
$92.33 |
$107.66 |
$121.95 |
$134.82 |
$116.35 |
$120.29 |
$121.90 |
|
|
Liq ratio of 1.5 and up, best |
Assets |
|
|
|
|
|
|
|
|
|
| Curr Liab. |
$46.72 |
$37.52 |
$45.22 |
$37.71 |
$31.68 |
$38.61 |
$49.33 |
$65.57 |
$82.34 |
$95.35 |
$105.62 |
$86.38 |
$92.02 |
$91.05 |
|
|
1.38 |
<-Median-> |
10 |
Liabilities |
|
|
|
|
|
|
|
|
|
| Liquidity |
1.49 |
1.63 |
1.33 |
1.65 |
1.86 |
1.77 |
1.60 |
1.41 |
1.31 |
1.28 |
1.28 |
1.35 |
1.31 |
1.34 |
|
|
1.31 |
<-Median-> |
5 |
Ratio |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Assets |
$128.06 |
$126.23 |
$132.97 |
$133.30 |
$132.01 |
$146.97 |
$162.16 |
$222.09 |
$238.96 |
$259.74 |
$293.51 |
$263.72 |
$266.69 |
$268.77 |
|
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A/L ratio of 1.5 and up, best |
Assets |
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| Liab. |
$71.80 |
$61.21 |
$66.85 |
$64.74 |
$59.49 |
$65.67 |
$75.65 |
$132.51 |
$143.43 |
$157.06 |
$196.72 |
$150.05 |
$152.02 |
$152.05 |
|
|
1.76 |
<-Median-> |
10 |
Liabilities |
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| Asset/Liab Ratio |
1.78 |
2.06 |
1.99 |
2.06 |
2.22 |
2.24 |
2.14 |
1.68 |
1.67 |
1.65 |
1.49 |
1.76 |
1.75 |
1.77 |
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1.67 |
<-Median-> |
5 |
Ratio |
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| Book Value |
$56.27 |
$65.03 |
$66.11 |
$68.56 |
$72.52 |
$81.3 |
$86.5 |
$89.6 |
$95.5 |
$102.7 |
$96.8 |
$113.7 |
$114.7 |
$116.7 |
|
|
73.44% |
<-Total Growth |
10 |
Book Value |
|
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| BV per share |
$3.99 |
$4.58 |
$4.65 |
$4.82 |
$5.10 |
$5.51 |
$5.82 |
$6.02 |
$6.41 |
$6.89 |
$6.50 |
$7.63 |
$8.02 |
$8.16 |
|
|
72.37% |
<-Total Growth |
10 |
Book Value |
|
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| Change |
5.06% |
14.67% |
1.67% |
3.56% |
5.77% |
8.04% |
5.68% |
3.39% |
6.63% |
7.49% |
-5.74% |
17.43% |
5.06% |
1.80% |
|
|
0.8797 |
Current/Historical |
|
Book Value |
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| 5 yr run. Ave Inc |
6.08% |
9.87% |
7.13% |
6.24% |
6.15% |
6.74% |
4.94% |
5.29% |
5.90% |
6.25% |
3.49% |
5.84% |
6.18% |
5.21% |
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Book Value |
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| P/BV (CL) |
1.19 |
0.87 |
0.75 |
1.16 |
1.08 |
1.36 |
1.55 |
1.48 |
1.75 |
1.33 |
1.02 |
1.07 |
1.15 |
1.10 |
|
|
5.60% |
<-IRR #YR-> |
10 |
Book Value |
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| Change |
-42.26% |
-26.56% |
-13.94% |
53.96% |
-7.15% |
26.68% |
13.55% |
-4.35% |
18.01% |
-23.58% |
-23.78% |
4.99% |
8.03% |
-4.95% |
|
|
5.92% |
<-IRR #YR-> |
5 |
Book Value |
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| Leverage (A/BK) |
2.28 |
1.94 |
2.01 |
1.94 |
1.82 |
1.81 |
1.87 |
2.48 |
2.50 |
2.53 |
3.03 |
2.32 |
2.33 |
2.30 |
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|
2.32 |
<-Median-> |
10 |
A/BV |
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| Debt/Equity Ratio |
1.28 |
0.94 |
1.01 |
0.94 |
0.82 |
0.81 |
0.87 |
1.48 |
1.50 |
1.53 |
2.03 |
1.32 |
1.33 |
1.30 |
|
|
1.32 |
<-Median-> |
10 |
Debt/Eq Ratio |
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| Sharerholders
Equity (Assets less liabilities) |
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P/BV |
10 yr Ave |
1.25 |
5 yr Ave |
1.15 |
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-$4.65 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$8.02 |
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-$6.02 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$8.02 |
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| ROE |
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|
6.8% |
9.9% |
11.1% |
-0.1% |
19.1% |
9.6% |
|
|
|
9.92% |
<-Median-> |
5 |
Compreh. Inc |
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| Comprehensive Inc |
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$6.05 |
$9.47 |
$11.38 |
-$0.13 |
$21.66 |
$10.99 |
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Compreh. Inc |
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| ROE |
10.0% |
17.4% |
6.1% |
7.8% |
9.6% |
11.8% |
9.8% |
6.8% |
9.9% |
11.1% |
-0.1% |
19.1% |
9.6% |
9.3% |
|
|
Net Income/Shareholders'
equity |
|
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| 5Yr Median |
|
12.6% |
12.6% |
10.0% |
9.6% |
9.6% |
9.6% |
9.6% |
9.8% |
9.9% |
9.8% |
9.9% |
9.9% |
9.6% |
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| Net Income |
$5.65 |
$11.31 |
$4.05 |
$5.33 |
$6.93 |
$9.57 |
$8.47 |
$6.05 |
$9.47 |
$11.38 |
-$0.13 |
$21.7 |
$11.0 |
$10.9 |
<-12 mths |
|
171.16% |
<-Total Growth |
10 |
Net Income |
|
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|
|
| Oper C. F. |
$9.82 |
$12.71 |
$9.70 |
$5.27 |
$14.41 |
$4.15 |
$6.77 |
$18.98 |
$4.55 |
$8.76 |
$13.70 |
$17.45 |
$23.02 |
$19.06 |
<-12 mths |
|
|
C F Statement |
|
Oper C. F. |
|
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|
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| Invest. C. F |
-$6.72 |
$2.52 |
-$11.90 |
-$0.15 |
-$5.89 |
-$10.03 |
-$8.74 |
-$45.50 |
-$9.35 |
-$14.21 |
-$24.11 |
-$5.84 |
-$7.53 |
-$8.21 |
<-12 mths |
|
|
C F Statement |
|
Invest. C. F |
|
|
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|
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| Total Accruals |
$2.55 |
-$3.92 |
$6.26 |
$0.21 |
-$1.59 |
$15.45 |
$10.44 |
$32.57 |
$14.27 |
$16.84 |
$10.28 |
$10.05 |
-$4.50 |
$0.04 |
|
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|
Accruals |
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| Total Assets |
$128.06 |
$126.23 |
$132.97 |
$133.30 |
$132.01 |
$146.97 |
$162.16 |
$222.09 |
$238.96 |
$259.74 |
$293.51 |
$263.72 |
$266.69 |
$268.77 |
|
|
|
Balance Sheet |
|
Assets |
|
|
|
|
|
|
|
|
|
| Accruals Ratio |
1.99% |
-3.11% |
4.71% |
0.16% |
-1.21% |
10.51% |
6.44% |
14.67% |
5.97% |
6.48% |
3.50% |
3.81% |
-1.69% |
0.02% |
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Ratio |
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| up/down/neutral |
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|
Need free cash flow (cash from operations,
with depreciation and amortization added back and capital spending
subtracted) to amply cover the payouts. |
| Chge in Close |
-39.34% |
-15.79% |
-12.50% |
59.43% |
-1.79% |
36.86% |
20.00% |
-1.11% |
25.84% |
-17.86% |
-28.15% |
23.30% |
13.50% |
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| Any Predictions? |
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| Fin. C. F |
-$3.11 |
-$15.23 |
$2.21 |
-$5.12 |
$8.52 |
$5.88 |
$1.97 |
$25.52 |
$4.80 |
$5.46 |
$10.40 |
-$33.43 |
-$15.49 |
-$10.86 |
<-12 mths |
|
|
C F Statement |
|
Fin. C. F |
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| Total Accruals |
$5.65 |
$11.31 |
$4.05 |
$5.33 |
-$10.12 |
$9.57 |
$8.47 |
$7.05 |
$9.47 |
$11.38 |
-$0.13 |
$43.48 |
$10.99 |
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Accruals |
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| Accruals Ratio |
4.41% |
8.96% |
3.05% |
3.99% |
-7.66% |
6.51% |
5.22% |
3.18% |
3.96% |
4.38% |
-0.04% |
16.49% |
4.12% |
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Ratio |
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| Sep 24,
2011. When I last looked at this stock
I got earnings of $.69 for March 2011.
There are not analysts following this stock. |
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| Earnings for
March 2011 was $1.49 or $21.7M, but earnings for continuing operations was
just $.66 or $9.526 Sites are using
that for continuing operations. |
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| Oct 10,
2009, When I look at this stock in Apr 2009, I got 2009 earnings estimates of
$.29, but they came in at -$.01 |
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| April 2009
AR2008. What concerns me is the lack of progress in Cash Flow. Cash Flow is all over the place on this
company. It has provided support for
the Book Value, but Book Value has only increase |
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| by just over 6% a year. Not Great.
If it had been increasing at a higher rate it would be better. The concern on Cash Flow remains as it does
not improve re 5 year averages. |
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| Formerly Andres Wines Ltd |
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| They give earnings separately for A & B shares? |
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| How they make
their money. |
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| Andrew
Peller Limited (the “Company”) is a leading producer and marketer of quality
wines in Canada. With wineries in British Columbia, Ontario and Nova Scotia,
the Company markets wines produced |
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| from grapes
grown in Ontario’s Niagara Peninsula, British Columbia’s Okanagan and
Similkameen Valleys and vineyards around the world. They also market craft beer under |
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| the
Granville Island brand. The Company
produces and markets consumer-made wine kit products through Winexpert and
Vineco International Products. The Company’s |
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| products are
sold predominantly in Canada. Class A
shares are non-voting. |
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| Kernaghan,
Edward James - indirectly owns 336,000 of B shares of which there are just
over 3M. |
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| Peller,
Joseph Andrew - indirectly owns almost 2M Class B shares of which there are
just over 3M. |
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| For most
ratios, lower is better when looking for a good stock price. However, there are exceptions such as for
yield and asset/liability ratios and here you want a higher ratios to
indicate a good stock price. |
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| Also, for
the Operational Profit Margin, a higher percentage is better. With the OPM, you should only compare
companies in similar industries. |
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| Copyright ©
2008 Website of SPBrunner. All rights reserved. |
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1/10/96 |
-$3,501 |
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9/30/11 |
$8,325 |
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5.66% |
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5.41% |
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11.07% |
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