It's reporting season. The only sector that will have good, solid earnings are the one to beat, consumer discretionary.
It's UNLIKE hard commodities sector where prices have been rising extremely fast but I DO NOT think the resource companies would meet their earning expectations due to their production HEDGES.
A sell off in Commodities sector is seemed likely more than a sell-off in consumer discretionary sector.
PBG
Outlines at current price
Debt leverage to Equity ratio:1
FY 2016 est. 0.537
Current debt solvency ratio:1
FY 2016 est. 2.862
Equity liquidity ratio:1
FY 2016 est. 0.651
Total Liabilities
H1 2015 223,555,000
FY 2015 223,555,000
HY 2016 212,719,000
Company has not trying to pay off its debts at reasonable pace but its debt ratio is still LOW on average compared to other Apparel stocks
Weight average Diluted outstanding shares
FY 2016 est. 921,081,912
NPAT
FY 2016 est. 46,426,000
DIVI
FY 2016 est. 0
Diluted EPS
$0.05
PE
16.73
PE yield
5.98%
P/FCF
-47
P/FCF Yield
-2.11%
Total cash flow
FY 2016 est. 21,646,000
NPAT
H1 2015 -119,808,000
FY 2015 -97,700,000
Profits swing to surplus or loses
H2 2015 22,108,000
HY 2016 24,318,000
FY 2016 est. 46,426,000
DIVI is nil
Diluted EPS: (NPAT -DIVI)÷ D O/S
H1 2015 -$0.131
FY 2015 -$0.107
Amounts generated or (lost) during H2
H2 2015 $0.024
HY 2016 $0.026
FY 2016 est. $0.051
Free cash flow
H1 2015 221,399,000
FY 2015 173,946,000
Amounts generated or (spent) during H2
H2 2015 -47,453,000
HY 2016 31,003,000
FY 2016 est. -16,450,000
The weakest point is its price to free cash flow BUT It was a good news when you knew the company had tried to expand its online sales to be less reliance on the hardware chains, WES and WOW
Financial cash flow, Negative numbers
H1 2015 241,500,000
FY 2015 266,500,000
Amounts generated or (spent) during H2
H2 2015 25,000,000
HY 2016 25,000,000
FY 2016 est. 50,000,000
It's good news when you know the company has been trying to BORROW LESS over the years.
Cash and cash equivalents CCE
H1 2015 79,377,000
FY 2015 80,111,000
Amounts generated or (spent) during H2
H2 2015 734,000
HY 2016 87,362,000
FY 2016 est. 88,096,000
Its cash on hand is all right.
Stronger AUD is also helping its buying power to stockpile its inventories.
If you want the best of the best Apparel stock you should consider PMV BUT It's facing the same fate as others.
Check both XDJ and XSJ indexs to find out why.
It's also a reason because of a sell-off in consumer Staple stocks due to Chinese online scandals.
I accumulate tomorrow following a three days sell-off.
PBG Price at posting:
85.5¢ Sentiment: Buy Disclosure: Held