Hi Mogie thanks for post v informative. Yes 0.6 PEG is what I read when quickly looking up on digital look (i am a bit lazy and no v good with calculations.!) so nicely under the important 1. Going to look through the RNS later as quite a lengthy one. Directors have certainly kept the company in good shape and more than weathered the storm that hit the travel sector. Is EPS ever inflated so directors can ensure they get nice big share bonuses? sure i read something on this somewhere .. will try and get my head down and research but so difficult close to xmas so much to do. GG
sorry 12.44 PER
Hi Garden Girl, Yes Globo.. what a bear raid that was! But I am back in their and have solid faith long term Looking at PEG.. I calculate it a 0.6 using just the basic formula EPS Growth rate 19 / Earnings per share (underlying) at 12.44. I know Stockopedia calculate PEG slightly differently and like all these figures. I like to do a proper comparison when they update the fact sheet in a few days. GL
TT. Strong Solid Results
Well going by the underlying results this has been a great, solid and confident performance by TUI. To achieve earnings per share of 30p and at around 12.5 multiple in EPS and growth rate of 20% is certainly explains why TT. is a valid FTSE100 company. Well run and able to see through global issues. With underlying profit at £473m, it is still cheap in comparison to the market capitalisation. Cash Flow is going smoothly, where TT. claim a Free Cash Flow of 427m. So I calculate Fre Cash Flow per share at £38.19m. if thats the case and using the underlying EPS, then the good news is Cash is covering Earnings, and there is enough to pay off the dividends etc. Return on Invested Capital is in double digits so a small competitive advantage is there. Finally within the share price movement I see TT. has outperformed the FTSE 100, and has stayed in steady growth almost in line with the Travel and Leisure Sector. Outlook is continuing to be positive, although due to the winter loss, I would expect the share price to hang around this area, with a strong performance second half. With Dividends, Cash Position, profitable company, anyone looking for a FTSE100 company as a safety net couldn't do too badly with TUI. ALL My Opinion Only... Happy for constructive correction... GL
Hey Mogie Hey M fellow Globite? I too just looked at results and think they are still looking reasonably priced even though running at highs (looking at PEG). Still consider these guys less risky then others for the sector and always seem to be a good solid performer with their results. The divi is looking v attractive as well - I am looking for something out of tech/IT sector with a nice divi to stick in my SIPP for a while to balance it up a bit. Too much racy Aim in there at the moment. ATB GG
Giving a quick glance of this results and if underlying are to be believed then TT. share price is still cheap IMO. I think I will research this further....
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