GRIN - still a 'Rodney Dangerfield'
I ran the CBS stock screener to get a list of the companies on all
the US exchanges which are in the same industrial sector as GRIN ('Toys and Games'). Out came the following list of 25 companies.
Action Products International, Inc.
CTI Industries Corporation
Educational Insights, Inc.
Empire of Carolina, Inc.
Equity Marketing, Inc.
EXX Inc.
Grand Toys International, Inc.
Hasbro, Inc.
JAKKS Pacific, Inc.
Marvel Enterprises Inc.
Mattel, Inc.
Media Arts Group, Inc.
Midway Games Inc.
Monarch Avalon, Inc.
Paul-Son Gaming Corporation
Play By Play Toys & Novelties, Inc.
Russ Berrie and Company, Inc.
The First Years Inc.
The L.L. Knickerbocker Co., Inc.
The Ohio Art Company
The Vermont Teddy Bear Co., Inc.
THQ, Inc.
WMS Industries Inc.
YES! Entertainment Corporation
Zindart Limited
Next, I asked for data on these companies' PE ratio, price/revenue (price/sales) and ROE (return on equity) and set the search for ratios with a minimum -9999 to a maximum 9999. Out came
the following:
Company.............................P/E...Price/Rev....ROE
Action Products International, Inc. 6.4 0.66 18.8%
CTI Industries Corporation 3.1 0.32 157.1%
Equity Marketing, Inc. 13.0 0.43 26.6%
Grand Toys International, Inc. 7.6 0.25 36.4%
Hasbro, Inc. 48.2 1.41 7.3%
JAKKS Pacific, Inc. 12.8 1.18 10.8%
Mattel, Inc. 22.8 2.17 15.9%
Media Arts Group, Inc. 12.0 2.30 35.0%
Midway Games Inc. 8.2 0.94 23.8%
Play By Play Toys & Novelties, Inc. 7.0 0.34 9.4%
Russ Berrie and Company, Inc. 12.4 1.82 26.1%
The First Years Inc. 19.0 1.47 16.8%
THQ, Inc. 26.3 3.20 27.8%
Zindart Limited 4.7 0.52 19.7%
Summarising the above results with respect to GRIN performance,
..............................P/E.....PRICE/REV......ROE
GRIN's position.....fifth.......first..................second
So using the above information for evaluation, GRIN is coming
out in the top 2 or 3 of the 25 companies in their industrial sector.
The ROE is an especially encouraging number for me but I will leave
that for a later post. This one is long enough.
QUIZ: Which of the above 25 companies has exclusive distribution
rights for Furby in Canada ?
Happy Thanksgiving,
Frank |
