美股服飾商 ARO的俗價有沒有問題 ?

From: 顏呈機
Sent: Saturday, January 08, 2011 1:14 PM

請問美股服飾商 ARO的俗價有沒有問題 ?
覺得怪怪的 !!

「Aeropostale, Inc. is a mall-based, specialty retailer of casual apparel and accessories, principally targeting fourteen to seventeen year-old young women and men. The Company provides customers with a focused selection of high-quality, active-oriented, fashion and fashion basic merchandise at compelling values. Aeropostale maintains control over its proprietary brands by designing, sourcing, marketing and selling all of its own merchandise. Aeropostale products are currently purchased only in its stores, on-line through its e-commerce website or at organized sales events at college campuses. 」...Quote123


















寄件者： mikeon
寄件日期： 2011/1/8 (六) 2:54:12 PM

算法沒錯
ROE超高(56%)，預期配息率偏低(42%)的公司算出來就有這種結果
如果這家公司未來8年能以這種速度高速成長的話
當然這是相當樂觀的估法，不太可能

加上股數逐年減少，又都不配息
顯示它是以買回庫藏股來替代配息

可以把預期配息率由原42%改成84%(=1-16%盈再率)
這樣預期報酬率就由原41%降到較合理的21%
便宜價減為34.7元


















參閱：YUM的俗價跟股價怎麼會相差這麼大 ?


From: 顏呈機
Sent: Saturday, January 08, 2011 3:06 PM

會看這檔股票是因為美國的親戚告訴我
它把A&F一類的高價青少年服飾打得潰不成軍
初看本益比只有9倍，按盈再表發現更誇張的數字
謝謝你的回答 !!!
我會再研究看看