Alleghany Corporation
Find Ratings Reports
ALLEGHANY CORP's gross profit margin for the third quarter of its fiscal year 2020 has increased when compared to the same period a year ago. Sales and net income have grown, and although the growth in revenues has outpaced the average competitor within the subsector, the net income growth has not.
During the same period, stockholders' equity ("net worth") has remained virtually unchanged only decreasing by 2.63% from the same quarter last year.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
Income Statement | Q3 FY20 | Q3 FY19 |
---|---|---|
Net Sales ($mil) | 2509.11 | 2152.76 |
EBITDA ($mil) | 218.72 | 175.81 |
EBIT ($mil) | 177.42 | 147.81 |
Net Income ($mil) | 126.52 | 90.43 |
Balance Sheet | Q3 FY20 | Q3 FY19 |
---|---|---|
Cash & Equiv. ($mil) | 2359.21 | 2382.02 |
Total Assets ($mil) | 28452.57 | 26490.83 |
Total Debt ($mil) | 2041.61 | 1935.6 |
Equity ($mil) | 8596.4 | 8828.66 |
Profitability | Q3 FY20 | Q3 FY19 |
---|---|---|
Gross Profit Margin | 8.72 | 8.17 |
EBITDA Margin | 8.71 | 8.16 |
Operating Margin | 7.07 | 6.87 |
Sales Turnover | 0.3 | 0.3 |
Return on Assets | -0.09 | 0.43 |
Return on Equity | -0.3 | 1.29 |
Debt | Q3 FY20 | Q3 FY19 |
---|---|---|
Current Ratio | 0.0 | 0.0 |
Debt/Capital | 0.19 | 0.18 |
Interest Expense | 23.32 | 25.7 |
Interest Coverage | 7.61 | 5.75 |
Share Data | Q3 FY20 | Q3 FY19 |
---|---|---|
Shares outstanding (mil) | 14.18 | 14.41 |
Div / share | 0.0 | 0.0 |
EPS | 8.86 | 6.27 |
Book value / share | 606.19 | 612.85 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 70257.0 | 65272.0 |
BUY. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. For additional comparison, its price-to-book ratio of 1.07 indicates a significant discount versus the S&P 500 average of 4.05 and a significant discount versus the subsector average of 2.68. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. After reviewing these and other key valuation criteria, ALLEGHANY CORP proves to trade at a discount to investment alternatives.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Y NM | Peers 20.54 | Y 8.61 | Peers 12.42 | |||||||||||||||||||||
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings. Y's P/E is negative making this valuation measure meaningless. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. Y is trading at a significant discount to its peers. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
Y 10.81 | Peers 15.81 | Y NA | Peers 2.84 | |||||||||||||||||||||
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. Y is trading at a discount to its peers. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
Y 1.07 | Peers 2.68 | Y -121.76 | Peers -44.10 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. Y is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, Y is expected to significantly trail its peers on the basis of its earnings growth rate. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
Y 1.08 | Peers 1.86 | Y 6.77 | Peers 0.30 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. Y is trading at a significant discount to its subsector on this measurement. |
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share. Y has a sales growth rate that significantly exceeds its peers. |
|||||||||||||||||||||||