LSE – London Stock Exchange – cheap

Just flagged up is LSE – London Stock Exchange on a price alert of 960p – putting it at the lowest EV/EBITDA it’s been in a decade.

LSE has operating margins of 65%, a ROE of 20%, and PFCF of 9.6. Adjusted EPS is up 4.8X over the last decade, and has reported only one downturn in earnings during that time. It therefore satisfies Graham’s criteria for stability of earnings. The fear in the stock is that proposals to tighten collateral requirements will reduce net treasury income in the group’s next financial year.

OTOH, how much cheaper do you want it?

Advertisements

About mcturra2000

Computer programmer living in Scotland.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s