Warren Buffett is the third richest man in the world with a net worth of $44 billion as of March 2012 in accordance to Forbes analysts. The business magazine acknowledged him also as one of the twenty most powerful people in the world. Whatever Warren says, others will follow.
Warren's asset vehicle, named Berkshire Hathaway, announced the latest changes in stock holdings for the first quarter of fiscal 2012. In total, he managed 35 stocks with a total portfolio worth of $75.3 billion. Buffett bought two new companies and added seven additional stocks. The biggest buys were Wal-Mart (WMT) and Wells Fargo (WFC). Both had an impact of more than 0.5 percent to his portfolio. He decreased seven stocks and closed one.
In order to find the cheapest stocks from his asset allocation, I screened his current portfolio for stocks with a single P/E ratio. Five stocks or 14.3 percent of his portfolio with this criterion. These are the detailed results, sorted by dividend yield:
1. Gannett (GCI) has a market capitalization of $3.05 billion. The company generates revenues of $5,239.99 million and has a net income of $500.13 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,012.42 million. Because of these figures, the EBITDA margin is 19.32% (operating margin 15.55% and the net profit margin finally 9.54%).
The total debt representing 26.61% of the company's assets and the total debt in relation to the equity amounts to 75.62%. Last fiscal year, a return on equity of 20.43% was realized. Twelve trailing months earnings per share reached a value of $1.80. Last fiscal year, the company paid $0.24 in form of dividends to shareholders.
Here are the price ratios of the company: The P/E ratio is 7.19, Price/Sales 0.58 and Price/Book ratio 1.32. Dividend Yield: 6.17%. The beta ratio is 2.43.
2. ConocoPhillips (COP) has a market capitalization of $64.26 billion. The company generates revenues of $251,226.00 million and has a net income of $12,502.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $31,891.00 million. Because of these figures, the EBITDA margin is 12.69% (operating margin 9.16% and the net profit margin finally 4.98%).
The total debt representing 14.76% of the company's assets and the total debt in relation to the equity amounts to 34.69%. Last fiscal year, a return on equity of 18.59% was realized. Twelve trailing months earnings per share reached a value of $9.15. Last fiscal year, the company paid $2.64 in form of dividends to shareholders.
Here are the price ratios of the company: The P/E ratio is 5.55, Price/Sales 0.26 and Price/Book ratio 1.00. Dividend Yield: 5.19%. The beta ratio is 1.12.
3. General Dynamics (GD) has a market capitalization of $22.83 billion. The company generates revenues of $32,677.00 million and has a net income of $2,552.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $4,418.00 million. Because of these figures, the EBITDA margin is 13.52% (operating margin 11.71% and the net profit margin finally 7.81%).
The total debt representing 11.27% of the company's assets and the total debt in relation to the equity amounts to 29.70%. Last fiscal year, a return on equity of 19.23% was realized. Twelve trailing months earnings per share reached a value of $6.87. Last fiscal year, the company paid $1.88 in form of dividends to shareholders.
Here are the price ratios of the company: The P/E ratio is 9.22, Price/Sales 0.70 and Price/Book ratio 1.71. Dividend Yield: 3.22%. The beta ratio is 1.25.
4. The Bank of New York (BK) has a market capitalization of $24.14 billion. The company generates revenues of $3,588.00 million and has a net income of $2,569.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $4,754.00 million. Because of these figures, the EBITDA margin is 132.50% (operating margin 24.56% and the net profit margin finally 17.44%).
The total debt representing 8.73% of the company's assets and the total debt in relation to the equity amounts to 84.94%. Last fiscal year, a return on equity of 7.54% was realized. Twelve trailing months earnings per share reached a value of $2.04. Last fiscal year, the company paid $0.48 in form of dividends to shareholders.
Here are the price ratios of the company: The P/E ratio is 9.94, Price/Sales 1.64 and Price/Book ratio 0.73. Dividend Yield: 2.57%. The beta ratio is 0.89.
5. General Motors (GM) has a market capitalization of $33.16 billion. The company generates revenues of $150,276.00 million and has a net income of $6,095.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $11,651.00 million. Because of these figures, the EBITDA margin is 7.75% (operating margin 3.78% and the net profit margin finally 4.06%).
The total debt representing 9.22% of the company's assets and the total debt in relation to the equity amounts to 34.97%. Last fiscal year, a return on equity of 28.35% was realized. Twelve trailing months earnings per share reached a value of $3.44. Last fiscal year, the company paid $0.00 in form of dividends to shareholders.
Here are the price ratios of the company: The P/E ratio is 6.15, Price/Sales 0.22 and Price/Book ratio 1.20. Dividend Yield: None. The beta ratio is not calculable.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
