LONDON -- The FTSE 100 has risen by 25% over the last year, and many top shares are beginning to look quite expensive. I'm on the hunt for companies that still look cheap, based on their long-term earnings potential. To help me hunt down these bargains, I'm using a special version of the price-to-earnings ratio called the PE10, which is one of my favorite tools for value investing.
The PE10 compares the current share price with average earnings per share for the last 10 years. This lets you see whether a company looks cheap compared to its long-term earnings.
Today, I'm going to take a look at the PE10 of the U.K.'s fourth-largest supermarket chain, Wm. Morrison Supermarkets (LSE: MRW ) (NASDAQOTH: MRWSY ) .
Is Morrison a buy?
Morrison's belated launch of an online service, in partnership with Ocado, has hit the headlines in recent weeks. However, the firm's market share keeps slipping: It dropped to 11.6% during the 12 weeks to June 9, according to retail experts Kantar Worldpanel.
Top 10 Income Companies To Invest In Right Now: Callidus Software Inc.(CALD)
Callidus Software Inc., together with its subsidiaries, provides sales performance management (SPM) software applications and services. Its products include TrueComp Manager application that automates the modeling, design, administration, reporting, and analysis of pay-for-performance programs; Callidus Reporting for delivering real-time production reports; Callidus Analytics, which enable businesses to deploy performance dashboards across the finance, sales executive, and sales force teams; Callidus Objective Management to design and deploy strategic objective-based bonus plans and long term incentive programs; and Callidus Quota Management to allocate quotas effectively. The company?s products also comprise Callidus Communicator, which accelerates and streamlines communications with a business sales force and sales channels; Callidus Channel Management for telecommunication companies to view and update dealer information; Callidus Producer Management for insurance carri ers; Callidus Onboarding to build and optimize discrete, re-usable workflows; Callidus Coaching to optimize performance of their sales force and call centers; Callidus Plan Communicator that accelerates the process of rolling out and communicating incentive plans across the sales force; Callidus Commissions Manager for sales professionals; and ACom3, an incentive compensation automation suite. In addition, it provides software consulting services, including a range of SPM solution implementations, system upgrades, compensation plan enhancements, migration assistance, reporting and integration consulting, and solution architecture services; and SaaS-based sales assessments, coaching, and talent development solutions. The company serves the telecommunications, insurance, banking, technology, and life sciences/pharmaceuticals markets in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Callidus Software was founded in 1996 and is headquartered in Pleasanton, California.
Advisors' Opinion:- [By James Oberweis]
Callidus Software (CALD) is a leading software-as-a-service provider of sales force effectiveness solutions, with more than 1,700 customers.
Its products help align sales reps' goals with the firm's goals. Since the beginning of 2011, Callidus has dramatically expanded its product offering through the completion of eight acquisitions.
- [By Garrett Cook]
Shares of Callidus Software (NASDAQ: CALD) got a boost, shooting up 14.16 percent to $15.56 after the company reported better-than-expected Q3 results and issued a strong revenue forecast.
Top 5 Supermarket Stocks To Watch Right Now: Turkiye Halk Bankasi AS (HALKB)
Turkiye Halk Bankasi A.S. (Halkbank) is a Turkey-based bank that provides banking products and services to a range of customers, including tradesmen, small- to medium-sized enterprises (SME) and large corporations. The Company�� segments are: consumer and retail banking, which offers consumer loans, credit and debit cards, deposit and overdraft accounts and payroll services; corporate and commercial banking, each offering assistance loans targeting specific sectors, budget loans, domestic and international non-cash credit line facilities, such as letters of credit and guarantees, cash management, investment banking, brokerage, factoring, leasing and insurance services for clients with varying annual turnovers, and tradesmen/SME banking. It also offers telephone, Internet, mobile and television banking services. Advisors' Opinion:- [By Harry Suhartono]
The Borsa Istanbul National 100 Index jumped 3.7 percent, the most among major emerging-market gauges, as Akbank TAS (AKBNK) and Turkiye Halk Bankasi AS (HALKB) rallied. Benchmark measures in Poland and the Czech Republic added at least 0.5 percent, while Hungarian shares retreated for a fourth day.
Top 5 Supermarket Stocks To Watch Right Now: Swedbank AB (SWDBY.PK)
Swedbank AB is the parent company of Swedbank. Swedbank consists of subsidiaries, associates and a joint venture. The Company operates in six business areas: Swedish Banking, Baltic Banking, International Banking, Swedbank Markets, Asset Management and Ektornet. On January 20, 2009, Swedbank Robur AB acquired Banco Fonder AB from Alfred Berg. In February 2010, the Company acquired a 15% equity stake in OAO Swedbank from European Bank for Reconstruction and Development (EBRD). During the year ended December 31, 2009, Swedbank sold four branches to Sparbanken Nord, three branches to Sparbanken Dalsland, two branches to Sparbanken Rekarne, one branch to Tidaholms Sparbank and one branch to Sparbanken 1826.
Swedish Banking
Swedish Banking is engaged in offering a range of financial products and services to private customers, corporates, organisations and municipalities through close to 400 branches, as well as the telephone bank and Internet bank in Sweden. Swedbank�� products are also sold through the cooperating savings banks, which account for another 275 branches. The subsidiary in Luxembourg, with a representative office in Spain is included in the business area as well.
Baltic Banking
Baltic Banking offers a range of financial products and services to private and corporate customers in Estonia, Latvia and Lithuania. It offers its services through 226 branches, as well as the telephone bank and Internet bank.
International Banking
International Banking consists of operations outside Swedbank�� home markets, primarily the banking operations in Ukraine and Russia. In addition to Ukraine and Russia, the business area includes the branches in Denmark, Norway, the United States and China, as well as the representative office in Japan. The branch network in Ukraine, consists of 156 branches, serves both private and corporate customers. The Nordic branches offer corporate customers, mainly Swedish customers with operations in! the Nordic markets, a range of financial products and services.
Swedbank Markets
Swedbank Markets has operations in equity, fixed income and currency trading, corporate finance, as well as project, export and acquisition financing. In addition to its operations in Swedbank�� home markets, the business area includes the subsidiaries First Securities ASA in Norway and Swedbank First Securities LLC in New York.
Asset Management
Asset Management, which consists of the subsidiary Swedbank Robur Group, offers services in fund management, institutional and discretionary asset management in all of Swedbank�� home markets. Its customers include private customers, as well as institutions, foundations, municipalities, county councils and other investors. Its products are sold and distributed primarily by Swedish Banking and Baltic Banking and the savings banks in Sweden.
Ektornet
Ektornet is an independent subsidiary of Swedbank AB. It focuses on managing the Company�� repossessed assets and developing them over time. Most of the collateral consists of real estate, the part of which will be in the Baltic countries, though also in the Nordic region and the United States.
Advisors' Opinion:- [By David Hunkar]
Current Dividend Yield: 5.16%
Company: Swedbank AB (SWDBY.PK)
Sector: Oil, Gas & Consumable Fuels
Country: FranceCurrent Dividend Yield: 6.50%
Sector: Banking
Country: Sweden
Top 5 Supermarket Stocks To Watch Right Now: Honda Motor Company Ltd. (HMC)
Honda Motor Co., Ltd., together with its subsidiaries, engages in the development, manufacture, and distribution of motorcycles, automobiles, and power products primarily in North America, Europe, and Asia. Its motorcycle line consists of business and commuter models, as well as sports models, including trial and moto-cross racing; all?terrain vehicles; personal watercrafts; and multi utility vehicles. The company also produces various automobile products, including passenger cars, minivans, multi-wagons, sport utility vehicles, and mini cars; and power products comprising tillers, portable generators, general-purpose engines, grass cutters, outboard marine engines, water pumps, snow throwers, power carriers, power sprayers, lawn mowers and lawn tractors, home-use cogeneration units, and thin film solar cells for home, public, and industrial uses. In addition, it sells spare parts and provides after sales services are through retail dealers, as well as offers retail lendin g and leasing to customers, and wholesale financing to dealers. The company was founded in 1946 and is based in Tokyo, Japan.
Advisors' Opinion:- [By reports.droy]
Over the years, Honda (HMC) has won the reputation of making quality automobiles that are at the forefront of innovation. The company has received several awards from loyalty awards to value awards in its lifetime. Recently Honda�� 2015 CRV model received recognition by Motor Trend magazine which rated it as the SUV of the year. The best part was that the 2015 Honda CRV beat out 18 all-new or refurbished models to win this prestigious award from Motor Trends. Honda executives accepted this award at the ceremony on Friday at the company�� North American headquarters at Torrance. So, what are the attributes for which the 2015 Honda CRV was able to outpace the intense competition in the SUV segment. Let�� check it out.
- [By Alex Taylor III]
The 2015 Honda Fit
(Fortune) On the podium at this year's Detroit auto show, the 2015 Honda Fit got lost among the displays of massive Ford pickup trucks, 600-horsepower Corvettes, and Alfa Romeo-based Chryslers. That shouldn't be surprising. The Detroit show tilts domestic, and Honda (HMC) doesn't count, despite having assembled cars in the U.S. for more than three decades.As for the Fit, it is a four-door subcompact hatchback in a market that reserves its enthusiasm for big displacement engines and sport coupe styling. Americans bought only 53,513 in 2013 (Ford (F, Fortune 500) sold more than 763,000 F-series trucks during the same time), making the Fit little more than a niche model in a small and profit-challenged segment.
- [By WWW.DAILYFINANCE.COM]
Louis Lanzano/AP Mercedes continues to top a closely watched rating of customer satisfaction with their cars. No surprise there. But some other luxury brands have fallen to the bottom of the rankings, including Acura, BMW, Audi and Cadillac. Overall, the American Customer Satisfaction Index declined for a second straight year. Satisfaction scores rose to historic high following the Great Recession, as the Detroit Three automakers -- General Motors (GM), Ford (F) and Chrysler -- used big price incentives to lure in customers. The government was also providing tax incentives. Sales boomed, and buyers were happy with the cars and trucks they bought, believing that they got good value on their purchase. However, over the past few years, automakers have reduced the number and size of buyer incentives. "Much of customer satisfaction is driven by price incentives, and as those have gone away, satisfaction has diminished," said Forrest Morgeson, director of research for the index. ACSI Automobile Report 2014 Reputations of Imported Cars Decline More The score for 16 of the 21 brands measured declined, with imports from Europe and Asia taking the biggest hit. "That's a win for the domestic automakers," said Morgeson, "just to close that gap a little bit." The only brands with higher scores compared to last year are Chevrolet and Buick. At the top of the rankings, Mercedes-Benz fell 2 percent from a year ago, with a score of 86 (on a 100-point scale). Subaru received the second-highest rating, followed by Lexus, Volkswagen, Toyota (TM) and Honda (HMC). Buick was tied with Toyota and Honda, making it the only domestic brand to beat the industry average of 82. It's unusual to see luxury brands falling to the bottom of the ratings, and Morgeson said it's "not a good sign for their future success, if that holds." Historically, foreign and luxury brands have dominated the ACSI rankings. BMW fell only 2 points from last year, "but still, you'd expect a luxury brand to
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