Collection House (CLH)
Collection House Ltd. provides debt recovery services. It also engages in providing receivables management, debt collection and debt ledger purchasing and legal services to support those collection activities. It operates through the following segments: Collection Services, Purchased Debt Ledgers, and All Others. The Collection Services segment segment earns commissions on the collection of debts for clients. The Purchased Debts segment collects debts from client ledgers acquired by the Group. The All Other segment includes unallocated revenue and expenses, intersegment eliminations, interest, borrowings, and income tax expenses. The company was founded by John Pearce and Stephen Walker in 1992 and is headquartered in Brisbane, Australia.
|Market Price at 20-11-2017
|Price to Earnings Ratio
|Return on Equity (ROE)
Blog posts that reference Collection House:
Monday, November 10, 2014
Whilst a newcomer to the market with a limited track record, Pioneer Credit (PNC) is a similar style of business and carries a similar Skaffold stock rating to Collection House (CLH).
The company has mainly traded in line with its IPO price of $1.60 since listing, but gained considerable support in August/September after delivering a strong full-year result. On a P/E basis, PNC is broadly in line with Collection House.
However, based on 2015-16 projections Pioneer appears to be a far better proposition with forecast intrinsic value growth of 33 per cent driven by earnings per share increasing from 15 cents to 20 cents over the next 12 months.
Monday, November 03, 2014
Collection House (ASX:CLH) provides debt collection services and receivables management to some of Australia’s largest companies, particularly those in the banking and financial services sector.
While Collection House’s balance sheet is rated A its business performance rating of only 4 (poor) suggests it may be a stock to steer clear of.
However, its compelling quality rating is underpinned by some very impressive metrics (and managements consistent guidance), suggests the stock may be worth considering as a turnaround proposition with the potential for its business performance rating to improve.
Monday, March 24, 2014
If you take the 170-odd stocks that Skaffold currents rates as investment grade (A1, A2, B1 and B2) and then filter those with both a positive safety margin – trading at a discount to their intrinsic value – that are also forecast to grow their intrinsic value, we’re left with only a handful of stock to invest in. All things considered, these are the best quality companies that value investors could justifiably contemplate buying at current levels.
However, it’s important to remember that the share market is a constantly moving feast, and that companies can move in and out of investment grade status, as measured by the Skaffold Score, each reporting season due to any number of macro influences and company specific dynamics.
So with that in mind, we decided to go in search of companies that could potentially be knocking on the door of investment grade status if their fortunes continue to improve.
Friday, February 14, 2014
New opportunities were thin on the ground this week, with the majority of companies to report experiencing deteriorating Skaffold Scores. Many stocks also continue to trade at large premiums to Skaffold’s intrinsic value estimates.
After 6 years of membership in Skaffold’s premium group of companies, Domino’s Pizza Enterprises (DMP) has declined to B3.
This is a great example of Skaffold’s ability to demystify company results and present the facts of the case, so to speak.
Monday, February 04, 2013
Reporting season on the ASX has kicked off with a handful of companies having released their full year or interim results.
Full year results have been released for Energy Resources of Australia (ERA) and Australian Agricultural Company Limited (AAC). Both companies recorded significant losses on their P&L resulting in a decline in Skaffold Scores.
Friday, November 16, 2012
This week we sat down and had a chat with Roger Montgomery and Russell Muldoon, two of Skaffold’s founders. We asked them: How do you use Skaffold to find stocks that no one else is talking about, yet? The ‘dynamic duo’ shared their insights into Credit Corp (CCP), The Reject Shop (TRS), Cochlear (COH) and Breville Group (BRG). Roger Montgomery also gave us a sneak peek of the soon to be released Skaffold Global. He said “The scope of opportunity is exponentially larger with Skaffold’s inclusion of Global stocks”.
Monday, September 03, 2012
This week Flight Centre (FLT) rose to A1 whilst Decmil (DCG) and Woolworths (WOW) maintained their A2 Skaffold Scores. Other companies to report include Ramsay Healthcare (RHC), Transpacific Industries (TPI), Fortescue Metals (FMG), Mortgage Choice (MOC), Macquarie Radio Network (MRN), Village Roadshow (VRL), Billabong (BBG), Slater & Gordon (SGH, Warrambool Cheese & Butter Factory (WCB), Capilano Honey (CZZ), Jetset Travelworld (JET and Vocus Communication (VOC).