Myer Holdings (MYR)
Myer Holdings Ltd. operates department stores. Its core product categories include youth fashion, children's wear, intimate apparel, beauty, fragrance and cosmetics, homewares, electrical goods, toys, fashion accessories and general merchandise. The company's brands portfolio includes Basque, Regatta, Reserve, Trent Nathan, Bauhaus and Australian House and Garden, as well as the new categories, such as sass & bide intimates, Jayson Brunsdon Home, and Leona Edmiston Home. The company was founded by Sidney Myer in 1900 and is headquartered in Docklands, Australia.
|Market Price at 15-12-2017
|Price to Earnings Ratio
|Return on Equity (ROE)
Blog posts that reference Myer Holdings:
Monday, December 08, 2014
The S&P Dow Jones Indicies December 2014 Quarterly Rebalance occurred last week. Why do you need to know this?
The mandates for some fund managers require them to hold a position in companies in one of the indexes. So as soon as a company moves into an index, all of a sudden its on the radar of dozens, possibly hundreds, of institutional fund managers controlling a large chunk of Australia’s superannuation pie.
Tuesday, September 23, 2014
With reporting season now behind us, all eyes should be on recent IPOs where core investors - courtesy of having satisfied escrow arrangements - are finally allowed to sell-down their stake in the business.
With the 58 floats in the 2014 financial year progressively coming off escrow, there could potentially be $3 billion in shares coming to market in the weeks ahead.
You need to watch closely whether the market has sufficient appetite to soak up this imminent flood of shares.
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.
Thursday, March 13, 2014
With the valuations of ASX-listed companies looking increasingly stretched, it’s more important than ever to use Skaffold’s filters to flag which stocks to avoid in 2014. The filters built into Skaffold stock research software help to remove stocks from your radar that aren’t regarded as investment grade – which by Skaffold’s measure is limited to stocks with an A1, A2 or B1 and B2 rating of balance sheet quality and business performance.
Removing ratings that don’t make the grade culls the stocks you should be seriously looking at down to around 160, which is only 10% of the 1,770 ASX-listed entities rated and evaluated by Skaffold’s automated algorithms.
Remember, even good stocks can and do lose their investment grade status for a myriad reasons, which surface following the release of interim and full year results.
Thursday, March 06, 2014
IPOs have the potential to give your portfolio entry-level access to quality stocks well positioned for a profitable future.
Unfortunately the share market has no shortage of IPOs that bombed, and relatively recent newcomers like Collins Foods and Myer have both struggled to trade above their float price. If Boart Longyear is any proxy, there’s no guarantee these stocks will rally any time soon. Since floating in 2007 BLY’s share price has fallen more than 97%.
So don’t get sucked into buying overpriced and overspruiked companies wired to uninspiring sectors with questionable growth projections destined to lose you money.
Monday, October 28, 2013
While Nine’s IPO offer documents are yet to be lodged, the market expects Nine’s float to proceed mid December. If the success of recent floats, including insurance broker Steadfast Group (SDF) and fertility clinic operator Virtus Health (VRT) are anything to go by, the timing of Nine’s float looks about as good as it gets.
Nine’s metropolitan free-to-air TV advertising market rose just above 9% in July which, due largely to election advertising, delivered the best monthly performance in three years. Nine’s share of the market rose 11.6% in July from a year ago to 37.7%, in part due to the Ashes cricket series, which helped it win market share from (number three-ranked) rival Ten Network.
Due to its prominence as a household brand, the Nine float will capture broad investors interest. Due to its sheer size some fund managers will be unable to ignore it.
If you’re serious about participating in the Nine IPO, we’ve put together a checklist of the float details need to pay specific attention to.
Monday, September 23, 2013
Inspired by the success of the recent float of fertility clinic operator Virtus Health (VRT), another dozen floats worth around $3.7 billion are expected to come to market between now and year’s end. If the calibre of companies in the float pipeline is anything to go by, this offers you a rare ground-floor entry into quality stocks on the cusp of a promising growth trajectory.
The share market has no shortage of IPOs that bombed, and relatively recent newcomers like Collins Foods (CKF) and Myer (MYR) have both struggled to trade above their float price.
To avoid future disasters you need to pressure-test your argument for IPOs against key performance criteria. Skaffold’s IPO tips should help you unearth the next Flight Centre (FLT) and avoid the buying the next Myer (MYR).
Tuesday, August 20, 2013
It’s no secret that the retail sector has been struggling of late. You’ve probably heard talk of lower consumer spending, the threat of online sales and competition and a high Australian Dollar narrowing margins.
With all this doom and gloom in the retail sector, and all the talk of falling profits and changing consumer behaviour, how then do you explain the recent positive results from JB Hi Fi?
Friday, July 12, 2013
August reporting season is the busiest time of year for stock market investors. More than 60% of ASX-listed companies will release their full year results in August, with the smaller mining stocks reporting by 13 September 2013.
Skaffold’s reporting season calendar is now live and will be updated daily over the next few months. The calendar lists the most popular ASX-listed companies and their expected report date. Click here to view the calendar now.
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”.