-
Moderator
UST produziert Schnupf- und Kautabak, Wein und Zigarren und ist in den USA beheimatet, wo es fast alle Umsätze erwirtschaftet
90 % der Umsaetze werden mit Tabak erzielt, aber dennoch ist dieses Unternehmen, im Gegensatz zu MO in keine Schadensersatzklagen von Seiten geschädigter Raucher verwickelt.
UST hat eine EK-Rendite von über 100%
-
Valueist
Hallo Leute!
Dann soll's mal fleißig losgehen mit der Diskussion.
Die Zahlen von UST, soweit sie mir vorliegen (ab 1996), geben ein etwas merkwürdiges Bild ab. Der Umsatz hat sich in 4 Jahren gerade mal um 13% erhöht der Gewinn stagniert. Allerdings liegt der Durchschnitt der der Eigenkapitalrendite der letzten 5 Jahre bei 152%!? Die Eigenkapitalquote ist aber auch auf mickrige 16% gesunken.
-----------------------------------------------------------------
UST Mio $ - 30.12.00 (12M)
1996 1997 1998 1999 2000
Umsatz 1371,7 1401,7 1423,2 1512,3 1547,6
Cash Flow 492,3 469,6 487,0 506,3 481,5
Sachinvestitionen 44,7 58,2 56,3 59,3 51,1
Gewinn 464,0 439,1 455,3 469,3 441,9
Bilanzsumme 807,4 826,4 913,3 1015,6 1646,4
Eigenkapital 282,0 436,8 468,3 200,8 270,6
KGV (ultimo) 13,0 15,7 13,4 8,8 10,5
Dividende p.A. 1,48 1,62 1,62 1,68 1,76
Anzahl Aktien 190,07 185,60 186,88 175,11 163,51
Ultimo Kurs 32,38 36,94 34,88 25,19 28,40
-----------------------------------------------------------------
Wer weiß mehr zu den merkwürdigen Schwankungen des Eigenkapitals, wenn meine Zahlen denn stimmen?
Gruß
Wolfgang
-
Valueist
Feste Breite posten?
Gruß
Wolfgang
-
Moderator
Hallo Wolfgang,
zur "feste Breite posten" wird Dir Andreas etwas berichten. Von dieser Technik habe ich zuwenig Ahnung.
Zu UST:
Morgen geht auch unsere Datenbank online. Auch die *Daten von UST sind dort zu finden.
Das war die Meldung vom 29.8.2000, als Buffett *in UST eingestiegen ist. Zum Glück hatte ich die Aktie bereites im Juli gekauft
Gruss Volker
--------------------------------------------------------------
Buffett takes a dip with snuff company
By Matt Andrejczak, CBS.MarketWatch.com ; Last Update: 4:50 PM ET Aug 29, 2000 NewsWatch
WASHINGTON (CBS.MW) --Warren Buffett has sprinkled some tobacco into his closely watched portfolio of casualty insurers, food companies and electricity suppliers, adding a position in snuff tobacco producer UST Inc.
Berkshire Hathaway (BRK.B: news, msgs), Buffett`s investment vehicle, disclosed late Monday that it purchased 1.52 million shares of UST in the second quarter, according to amended documents filed with the Securities and Exchange Commission.
Greenwich, Conn.-based UST (UST: news, msgs), the holding company for United States Tobacco, is a major U.S. distributor and manufacturer of snuff and chewing tobaccos. Its leading brands include Copenhagen and Skoal.
Buyout rumors surrounding UST have sent its shares soaring by more than 40 percent so far this fiscal quarter.
As of June 30, Omaha, Neb.-based Berkshire Hathaway`s stake was valued at approximately ฦ.3 million. But amid speculation that UST will be bought by RJR Reynolds (RJR: news, msgs), the value of Buffett`s stake has increased to ฮ.4 million over the past two months.
Monday`s SEC filing was Berkshire Hathaway`s first disclosure indicating ownership of UST stock this year. On Aug. 14, Buffett reported owning stakes in 19 companies worth ฬ.5 billion for the quarter ended June 30.
In addition to UST, some of his holdings not previously reported in SEC filings this year included Gannett (GCI: news, msgs), the publisher of USA Today; athletic footwear giant Nike (NKE: news, msgs), and apparel company Liz Claiborne (LIZ: news, msgs).
Berkshire Hathaway did not return phone calls to comment on UST.
Shares of UST closed up 5/16 to 20 7/8; class B shares of Berkshire Hathaway closed at ũ,897, down ū for the day.
-
Valueist
Test:
<span style='font-family:courier'>Feste Breite
iiiii
mmmmm</span>
Ha, ich kanns.
Wolfgang
Geht mit (font=courier)Text(/font)
Mit eckigen Klammern.
-
Neuer Benutzer
hallo valueisten, ust erscheint preiswert, aber nicht billig, aber wann wird ein papier überhaupt billig?
e-mail: sales@vectorvest.com
phone: 1-888-658-7638
http://www.vectorvest.com
Thank you for using VectorVest. You may receive three Free Stock Analyzes per day by visiting www.vectorvest.com.
You may receive UNLIMITED Stock Analyzes by becoming a VectorVest member.
Stock Analysis of UST Inc.
Thank you for requesting an analysis of UST Inc. from VectorVest. The ticker symbol for UST Inc. is UST. UST is traded on the New York Stock Exchange.
PRICE: UST closed on 05/30/2001 at ฬ.92 per share.
VALUE: UST has a Value of ู.48 per share. Value is the foundation of the VectorVest system. It is a measure of what a stock is currently worth. Value is based upon earnings, earnings growth rate, dividend payments, dividend growth rate, and financial performance. Current interest and inflation rates also play an important role in the computation of Value. When interest and/or inflation rates decrease, Value goes up. When interest rates and inflation increase, Value goes down. Sooner or later a stock's Price and Value always converge.
RV (Relative Value): UST has an RV of 1.31. On a scale of 0.00 to 2.00, an RV of 1.31 is excellent. RV reflects the long-term price appreciation potential of the stock compared to an alternative investment in AAA Corporate Bonds. Stocks with RV ratings above 1.00 have attractive upside potential. A stock will have an RV greater than 1.00 when its Value is greater than Price, and its Relative Safety (see below) and forecasted earnings growth rate are above average. In some cases, however, a stock's RV will be above 1.00 even though its Value is well below Price. This happens when a stock has an exemplary record of financial performance and an above average earnings growth rate. In this case, the stock is currently selling at a premium, and the investor is banking on future earnings growth to drive the stock's price higher. This information is very useful not only in knowing whether or not a stock has favorable price appreciation potential, but it also solves the riddle of whether to buy high growth, high P/E, or low growth, low P/E stocks. We believe that RV ratings above 1.00 are required to consistently achieve above average capital gains in the stock market.
RS (Relative Safety): UST has an RS rating of 0.94. On a scale of 0.00 to 2.00, an RS of 0.94 is fair. VectorVest looks at safety from the viewpoint of an equity investor (one who is buying stock of a company) rather than that of a purchaser of debt (one who is lending money to the company). From this perspective, consistency of financial and operating performance, stock price appreciation history, and price volatility are the key factors used in the evaluation of Relative Safety (RS). Debt to equity ratio, capitalization, sales volume, business longevity and other factors are also considered, but to a lesser degree.
VectorVest favors steady, predictable performers. All stocks are rated on a scale of 0.00 to 2.00. A stock with an RS greater than 1.00 is safer and more predictable than the average of all stocks. A stock with an RS less than 1.00 is less predictable and riskier than the average stock.
RT (Relative Timing): UST has an RT rating of 0.97. On a scale of 0.00 to 2.00, an RT of 0.97 is fair. RT is a fast, responsive, short-term price trend indicator. It analyzes the direction, magnitude, and dynamics of a stock's price behavior over the last 13 weeks; then reflects and projects the short-term price performance of the stock. Once a stock's Price has established a strong trend, it is expected to continue that trend for the short-term. If the trend dissipates, RT will gravitate towards 1.00. Should the price change dramatically, RT will notice the crucial turning point. When warranted, it will explode from a Price low and dive from a Price high.
All stocks are rated on a scale of 0.00 to 2.00. If RT is above 1.00,the stock's Price is in an uptrend. Below 1.00, the stock's Price is in a downtrend.
VST-Vector (VST): UST has a VST-Vector rating of 1.07. On a scale of 0.00 to 2.00, an VST of 1.07 is fair. VST-Vector solves the dilemma of balancing Value, Safety and Timing. Stocks with high RV values often have low RS values, or stocks with low RV and RS values have high RT's. How can we find the stocks with the best combinations of Value, Safety, and Timing?
The classic vector formula (square root of the sum of the squares) handles this problem. It combines a set of forces into a single indicator for ranking every stock in the VectorVest database. Stocks with the highest VST-Vector have the best combinations of Value, Safety and Timing. These are the ones to own for above average capital application.
GRT (Growth Rate): UST has a GRT of 9 % per year. This is fair. GRT stands for forecasted Earnings Growth Rate in percent per year. GRT is updated each week for every stock. Watch GRT trends very carefully. If the GRT trend is up, the stock's Price will likely rise. If the GRT trend is down, the stock's Price will increase more slowly, cease to increase, or subsequently fall.
Recommendation (REC): UST has a Hold recommendation. REC reflects the cumulative effect of all the VectorVest parameters working together. These parameters are designed to help investors buy safe, undervalued stocks which are rising in price, and to avoid or sell risky, overvalued stocks which are falling in price.
VectorVest is tuned to give an "H" or "B" signal when a stock's price is approximately 10% above a recent low, and an "S" signal when the stock's price is approximately 10% below a recent high. High RV, RS stocks are favored toward receiving "B" REC's, and sheltered from receiving "S" RECs.
STOP-PRICE: UST has a Stop-Price of 27.68 per share. This is 1.24 or 4.3 % below its current closing Price. VectorVest analyzes over 7,400 stocks each day for Value, Safety and Timing, and calculates a Stop-Price for each stock. These Stop-Prices are based upon 13 week moving averages of closing prices, and are fine-tuned according to each stock's fundamentals.
In the VectorVest system, a stock gets a "B" or an "H" recommendation if its price is above its Stop-Price, and an "S" recommendation if its price is below its Stop-Price.
DIV (Dividend): UST pays an annual dividend of 1.84 per share. VectorVest focuses on annual, regular, cash dividends indicated by the most recent disbursement. Special distributions, one-time payments, stock dividends, etc., generally are not included in Dividend (DIV).
DY (Dividend Yield): UST has a DY of 6.4 percent. This is above the current market average of 1.1 %. DY equals 100 x (DIV/PRICE), and is expressed as a percentage.
EY (Earnings Yield): UST has an EY of 10.36%. This is above the current market average of 3.83%. EY equals 100 x (EARNINGS PER SHARE/PRICE), and is expressed as a percentage.
EPS (Earnings Per Share): UST has an EPS of ū per share. EPS stands for leading 12 months Earnings Per Share. VectorVest determines this forecast from a combination of recent earnings performance and traditional fiscal and/or calendar year earnings forecasts.
P/E (Price to Earnings Ratio): UST has a P/E ratio of 9.64. This ratio is computed daily based upon Price and EPS. P/E = Price/EPS.
GPE (Growth to P/E Ratio): UST has a GPE of 0.93. This ratio suggests that UST is overvalued. Growth to P/E ratio is a popular measure of stock valuation which compares Earnings Growth Rate (GRT) to Price Earnings ratio (P/E). A stock is considered to be undervalued when GPE is greater than 1.00, and vice-versa. VectorVest believes that RV is a much better indicator of long-term value. The RV of 1.31 for UST is excellent.
DS (Dividend Safety): UST has a DS of 51. On a scale of 0 to 99, a DS of 51 is good. DS is defined as the assurance that regular cash dividends will be declared and paid at current or at higher rates for the foreseeable future. Stocks with DS values above 50 on a scale of 0 to 99 are above average in safety.
RISK (Dividend Risk): UST has a Dividend Risk of Med. All stocks in the VectorVest system that pay dividends are classified as having Low, Medium or High Dividend Risk (RISK). Stocks with DS values above 50 are above average in safety. These stocks are classified as having LOW or MEDIUM RISK. Stocks with DS values below 50 are below average in safety and are classified as having HIGH Risk.
DG (Dividend Growth): UST has a DG of 4 percent per year. Dividend Growth is a subtle yet important indicator of a company's historical financial performance and the board's current outlook on the future use of funds.
YSG-VECTOR (Yield-Safety-Growth Vector): UST has a YSG-Vector of 1.18. On a scale of 0.00 to 2.00, a YSG-Vector rating of 1.18 is good. VectorVest combines Dividend YIELD, SAFETY and GROWTH into a single parameter. YSG-Vector allows direct comparison of all dividend paying stocks. Stocks with the highest YSG-Vector values have the best combinations of Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income and long-term growth.
VOL(100)s: UST traded 790300 shares on 05/30/2001.
AVG VOL(100)s: UST has an Average Volume of 732900. Average Volume is 50 day moving average of daily volume as computed by VectorVest.
% VOL: UST had a Volume change of 7.8% from its 50 day moving average volume.
OPEN: UST opened trading at ฬ.75 per share on 05/30/2001.
HIGH: UST traded at a high of อ.06 per share on 05/30/2001.
LOW: UST traded at a low of ฬ.75 per share on 05/30/2001.
CLOSE: UST Closed trading at ฬ.92 per share on 05/30/2001.
% PRC: UST showed a Price change of 0.6% from the prior day's closing price.
INDUSTRY: UST has been assigned to the Personal (Tobacco) Group. VectorVest classifies stocks into over 190 Industry Groups and 50 Business Sectors.
UST has about average safety with well above average upside potential. It reflects a stock which is likely to give well above average, relatively consistent returns over the long term.
The basic strategy of VectorVest is to buy low risk, high reward stocks. We suggest that Prudent investors buy enough high Relative Value, high Relative Safety stocks to keep the overall RV and RS ratings of their portfolios above 1.00. As you do this, you'll find that your risk will go down and your investment performance will improve. Not a bad combination. Thank you for your interest in VectorVest.
VectorVest ProGraphics is comprised of reports embodying a unique system of stock analysis. All contents and recommendations are based on data and sources believed to be reliable, but accuracy and completeness cannot be guaranteed. Users should be aware of the risks involved in stock investments. It should not be assumed that future results will be profitable or will equal past performance, real, indicated or implied. VectorVest and/or its principals may purchase or sell any of the securities cited herein. VectorVest and the logostyle, geometric design are, individually and collectively, service marks licensed by VectorVest®, Inc. VectorVest ProGraphics is published daily by VectorVest®, Inc. 2167 Wehrle Drive, Williamsville NY 14221 1-716-565-9630
VectorVest and the logostyle, geometric designs are, individually and collectively, servicemarks licensed by VectorVest®, Inc. All other products mentioned are registered trademarks or trademarks of their respective companies.
Questions or problems regarding this web site should be directed to webmaster@vectorvest.com
Copyright © 1996 VectorVest®, Inc. All rights reserved.
Last modified:
viele grüße burkhard
-
Administrator
</span><table border="0" align="center" width="95%" cellpadding="3" cellspacing="1"><tr><td>Quote </td></tr><tr><td id="QUOTE">Zitat von Jovel am 11:28 am am Mai 31, 2001
Test:
<span style='font-family:courier'>Feste Breite
iiiii
mmmmm</span>
Ha, ich kanns.
Wolfgang
Geht mit (font=courier)Text(/font)
Mit eckigen Klammern.
[/QUOTE]<span id='postcolor'>
Hallo Wolfgang,
genau das war die Lösung. Viele andere True Type Schriftarten haben keine feste Breite, Courier und ein paar andere schon!
Es gibt ja auch die Möglichkeit Fettschrift usw. per UBB Code einzufügen, wenns interessiert dann veröffentliche ich mal im Board die dazugehörigen Befehle!
So, nun aber weiter zum Thema UST!
Gruß
Andreas Dröge
Value-Analyse.de Team
-
Neuer Benutzer
Hallo Jovel, hallo Volker,
ich habe mich auch einmal mit UST beschäftigt und den Jahresbericht durchgesehen.
Die Zahlen von Jovel habe ich auch.
Die Cash-flow Zahlen und die Zahlen der Sachinvestionen kann ich so nicht nachvollziehen. Ich finde für 2000 $ Mill.96,034 und für 1999 $ Mill. 74,989.
Den Posten Sachinvestitionen finde ich nicht.
Wo finde ich diese Position?
Insgesamt fällt mir auf, dass bis 1995 die Gewinne und Umsätze kontinuierlich steigen, danach werden die Steigerungen kleiner und schwanken um einen Mittelwert ca Mill. $ 454,0.
Aufgefallen sind mir die hohen langfristigen Schulden von Mill $ 869,175 in 2000 und die in 2000 um mehr als 50% gegenüber 1999 erhöhten Warenbestände auf Mill $ 1646,399.
Umsatzrendite und Dividende sind in Ordnung.
Ich kann die Zahlen nicht interpretieren, .
Wer weiß hier Bescheid? Oder sind die Zahlen falsch?
Viele Grüße
Mr. Flip
-
Valueist
Hallo Mr.Flip!
Das sind die Zahlen aus dem cashflow statement, die ich vom Marketguide hatte. Ich habe zum Net Income die Depreciation/ Dep. hinzugefügt. Sachinvestitionen sind Capital Expenditures.
[font=courier]
31.12.00 31.12.99 31.12.98 31.12.97 31.12.96
Net Income 441,9 469,3 455,3 439,1 464
Depreciation/ Depletion 39,6 37 31,7 30,5 28,3
Deferred Taxes 198,6 -1,9 0,2 -8,8 2,4
Non-Cash Items 0 0 -10,7 -1,6 0
Changes in WC -133.0 -40.7 -1,7 -46.6 -55.3
Total Cash f. Op. Act. 547 463,7 474,9 412,6 439,4
Capital Expenditures -51.1 -59.3 -56.3 -58.2 -44.7
[/font=courier]
-
Valueist
Geht doch nicht mit der festen Breite. :-((
Berechtigungen
- Neue Themen erstellen: Nein
- Themen beantworten: Nein
- Anhänge hochladen: Nein
- Beiträge bearbeiten: Nein
Foren-Regeln
Zitieren
Lesezeichen