SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Spekulatius who wrote (33534)2/18/2009 12:40:07 AM
From: Spekulatius  Read Replies (1) of 78744
 
re UL - good presentation at the CAGNY conference
they issued 5 year bonds with 3.65% and 10 year bonds at a 4.8% coupon. Why do I care? it's a sign that UL is creditworthy. I like to compare the earnings yield of a stock to it's bond yield. if the earnings yield is lower than the bond yield, the investor relies on growth to make up for the shortfall relative to the bond owner. Likewise, if the earnings yield of a stock is higher than the bond yield it's a sign that the owner of the stock is well compensated for higher risk. Based on that UL with a 11PE and a 4.5% dividend yield is very undervalued.

unilever.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News