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Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?


To: Bruce A. Brotnov who wrote (3188)3/24/1998 1:44:00 PM
From: David Alan Cook  Respond to of 6445
 
NVAL has strong fundamentals, improving earnings, increasing revenue growth and a good long term chart IMO:
( National Vision - Retail Specialty - Wal-Mart Stores )
Price Ratios:
-------------
1) Price to Sales: NVAL: .68 Industry: 1.51 Lower is Better
TGT Using Industry Avg = ( 1.51 / .68 ) * $6.125 = $13.60
2) Price to Book: NVAL: 3.51 Industry: 4.88 Lower is Better
TGT Using Industry Avg = ( 4.88 / 3.51 ) * $6.125 = $8.52
3) Price to Earnings: NVAL Estimate: .36 Industry P/E: 33.13
TGT Using Industry Avg = .36 * 33.13 = $11.93

Revenue Growth: Earnings Momentum:
--------------- -------------------
97: 186,354,000 vs .27
96: 160,376,000 vs .17
95: 145,573,000 vs loss of .07

Institutional Buying:
---------------------
Last Quarter:
Buys: 213,000 shares
Sales: 12,000 shares
Net: + 201,000 shares Now Own 6.5%

Prior Quarter:
Buys: 126,000 shares
Sales: 13,000 shares
Net: + 114,000 shares

Returns:
---------
1) ROE: NVAL: 16.78% Industry: 14.35% Higher is Better
Up from year ago 12.23
2) ROA: NVAL: 7.05% Industry: 4.92%
Up from year ago 4.43%
3) Profit Margin: NVAL: 2.99% Industry: 2.48
Up from year ago 2.17%

Monthly Sales for first two months of the first quarter:
--------------------------------------------------------
Up over 20%

Chart:
------
Take a look at the weekly chart - 5 year period. Huge volume on uptick. Worth watching.
I have a target of $12.

DC



To: Bruce A. Brotnov who wrote (3188)3/24/1998 4:35:00 PM
From: Capitalizer  Read Replies (2) | Respond to of 6445
 
Bruce, TSCP may be worth revisiting. Anticipating earnings in the next two quarters of $.33 and $.35, the trailing 4 q earnings will be a hearty $1.25. Growing at a forward clip of say 30-40% and using a PE of 20, this stock should be around $25 before the end of June.

My three cents..JS