...Read More
The Latest from
-
April 14, 2021
Mohawk Industries, Inc. (MHK:USA) currently trades well below corporate averages relative to UAFRS-based (Uniform) earnings, with a 19.6x Uniform P/E. At these levels...
Read More -
April 13, 2021
DXC Technology Company (DXC:USA) currently trades below corporate averages relative to UAFRS-based (Uniform) earnings, with a 16.2x Uniform P/E. At these levels, the market has bearish expectations for the firm...
Read More -
April 13, 2021
Each week, the Valens Research team highlights our most interesting insights from across our tools and our analysis, including individual company, industry, and macro insights. Top Highlight: COF – Capital One Financial Corporation Other Highlights: AMAT, BERY, SABR...
Read More -
April 13, 2021
April 21, 2021 Wednesday CT/ April 22, 2021 Thursday PHT
7:00 PM – 8:00 PM CT / 8:00 AM – 9:00 AM PHT...
Read More -
April 12, 2021
No Traded CDS, Base Case iCDS 200bps
Negative Case iCDS 276bps, 2027 6.750% Bond YTW of 4.019%
iYTW of 2.879%, B1 Rating from Moody’s, IG4+ (equivalent to Baa1) Rating from Valens
Low Refinancing Need...
Read More -
April 12, 2021
Sabre Corporation (SABR:USA) currently trades at a premium to UAFRS-based (Uniform) assets, with a 1.2x Uniform P/B. At these levels, the market is pricing in expectations for profitability to inflect positively...
Read More -
April 9, 2021
Applied Materials, Inc. (AMAT:USA) currently trades at recent highs relative to UAFRS-based (Uniform) earnings with a 21.0x Uniform P/E. At these levels, markets have bullish expectations for the firm, but management may have concerns about revenue growth, new product offerings, and the sustainability of wafer demand...
Read More -
April 8, 2021
Berry Global Group, Inc. (BERY:USA) currently trades below corporate averages relative to UAFRS-based (Uniform) earnings, with a 14.7x Uniform P/E. At these levels, the market is pricing in bearish expectations for the firm, but management is confident about product innovation, their segment realignment, and their advanced recycling business...
Read More -
April 7, 2021
Littelfuse, Inc. (LFUS:USA) currently trades at a historical high relative to UAFRS-based (Uniform) earnings, with a 26.2x Uniform P/E. At these levels, the market has bullish expectations for the firm, but management may have concerns about their operating margins, customer demand, and variable costs...
Read More -
April 6, 2021
United States Steel Corporation (X:USA) is currently trading at a discount relative to UAFRS-based (Uniform) assets, with a 0.5x Uniform P/B. At these levels, the market is pricing in expectations for profitability to remain muted, but management is confident about their ESG initiatives, customer relationships, and steel demand...
Read More