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Steve Hach
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Steve Hach is the Senior Editor at ValuEngine.com, a Newtown, Pennsylvania-based stock valuation and forecast service. ValuEngine utilizes Ivy League financial research as the basis for its coverage of more than 7000 US, Japanese, and Canadian, and other foreign stocks. Hach utilizes... More
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  • Rating Conglomerates With ValuEngine.com 0 comments
    Nov 8, 2013 2:37 PM | about stocks: IEP, LXU, FSS, TXT, CLC, TYC, UTX, HON, CR, MIC, CSL, CODI, ITT, GEVO

    VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks now make up 81.77% of our stocks assigned a valuation and 47.38% of those equities are calculated to be overvalued by 20% or more. ALL sectors are calculated to be overvalued-15 of them by double digits.

    MARKET OVERVIEW

    Index

    Week Open

    Thurs. Close

    Change

    % Change

    YTD

    DJIA

    15621.2

    15,594.00

    -27.2

    -0.17%

    19.00%

    NASDAQ

    3932.6

    3,857.33

    -75.27

    -1.91%

    27.75%

    RUSSELL 2000

    1098.62

    1,079.09

    -19.53

    -1.78%

    27.05%

    S&P 500

    1763.4

    1,747.15

    -16.25

    -0.92%

    22.50%

     

     

    Summary of VE Stock Universe

     

     

    Stocks Undervalued

    18.23%

    Stocks Overvalued

    81.77%

    Stocks Undervalued by 20%

    7.29%

    Stocks Overvalued by 20%

    47.38%

    SECTOR OVERVIEW

    Sector

    Change

    MTD

    YTD

    Valuation

    Last 12-MReturn

    P/E Ratio

    Aerospace

    -0.88%

    0.27%

    33.44%

    28.57% overvalued

    41.86%

    17.07

    Auto-Tires-Trucks

    -1.50%

    -1.46%

    42.00%

    24.91% overvalued

    51.27%

    20.13

    Basic Materials

    -1.57%

    -1.03%

    8.56%

    6.65% overvalued

    -24.66%

    20.24

    Business Services

    -1.71%

    -1.68%

    30.82%

    24.93% overvalued

    33.49%

    25.37

    Computer and Technology

    -1.57%

    -1.05%

    35.81%

    27.27% overvalued

    29.66%

    30.57

    Construction

    -1.10%

    -0.96%

    35.90%

    17.91% overvalued

    30.72%

    26.03

    Consumer Discretionary

    -1.20%

    -1.04%

    36.29%

    28.53% overvalued

    38.85%

    27.44

    Consumer Staples

    -1.70%

    -1.21%

    23.81%

    22.08% overvalued

    23.42%

    23.9

    Finance

    -1.11%

    -1.20%

    24.02%

    21.05% overvalued

    15.47%

    17.91

    Industrial Products

    -1.28%

    -0.81%

    39.23%

    25.48% overvalued

    37.62%

    23.71

    Medical

    -1.28%

    -0.97%

    34.51%

    20.45% overvalued

    31.20%

    27.51

    Multi-Sector Conglomerates

    -1.07%

    -1.22%

    13.73%

    31.07% overvalued

    20.36%

    20.52

    Oils-Energy

    -1.97%

    -1.56%

    28.25%

    16.00% overvalued

    10.37%

    26.76

    Retail-Wholesale

    -1.14%

    -0.25%

    35.68%

    24.86% overvalued

    37.12%

    24.84

    Transportation

    -1.46%

    -0.38%

    29.47%

    26.96% overvalued

    35.07%

    20.29

    Utilities

    -2.59%

    -2.71%

    16.92%

    15.24% overvalued

    15.59%

    20.45

    ValuEngine Newsletters Latest Results

    VE Newsletter

    Current Month Total

    S&P 500

    Last Month Total

    S&P 500

    Since Inception

    S&P 500

    Forecast MNS

    1.50

    1.49

    4.08

    1.99

    112.65

    88.45

    Dividend Stock

    -0.12

    -0.43

    2.83

    3.66

    10.5

    13.03

    Small Cap Stock

    -4.71

    0.14

    8.6

    2.78

    43.61

    25.8

    View

    -0.09

    0.81

    6.56

    2.09

    85.63

    53.04

    Sector Talk-Multi-Sector Conglomerates

    Below, we present the latest data on leading Multi-Sector Conglomerates Sector stocks from our Institutional software package (Pending:VEI). These results were filtered by market price and volume--no results below 3$/share or less than 100k shares/day volume.

    Top-Five Multi-Sector Conglomerates Sector Stocks--Short-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    IEP

    ICAHN ENTERPRIS

    110.27

    N/A

    185.1

    LXU

    LSB INDS INC

    30.52

    -14.2

    -20.31

    FSS

    FED SIGNAL CP

    14.2

    23.31

    158.18

    TXT

    TEXTRON INC

    29.38

    13.39

    21.91

    CLC

    CLARCOR INC

    58.47

    22.34

    29.76

    Top-Five Multi-Sector Conglomerates Sector Stocks--Long-Term Forecast Returns

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    IEP

    ICAHN ENTERPRIS

    110.27

    N/A

    185.1

    LXU

    LSB INDS INC

    30.52

    -14.2

    -20.31

    FSS

    FED SIGNAL CP

    14.2

    23.31

    158.18

    TXT

    TEXTRON INC

    29.38

    13.39

    21.91

    CLC

    CLARCOR INC

    58.47

    22.34

    29.76

    Top-Five Multi-Sector Conglomerates Sector Stocks--Composite Score

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    TYC

    TYCO INTL LTD

    35.87

    2.89

    29.17

    UTX

    UTD TECHS CORP

    107.27

    12.18

    38.09

    HON

    HONEYWELL INTL

    85.46

    20.13

    37.57

    TXT

    TEXTRON INC

    29.38

    13.39

    21.91

    CR

    CRANE CO

    62.22

    21.23

    48

    Top-Five Multi-Sector Conglomerates Sector Stocks--Most Overvalued

     

     

    Ticker

    Name

    Mkt Price

    Valuation(%)

    Last 12-M Retn(%)

    MIC

    MACQUARIE INFRA

    53.1

    196.07

    22.92

    CSL

    CARLISLE COS IN

    72.33

    36.86

    29.21

    CODI

    COMPASS DIVERSF

    18.44

    36.77

    29.31

    ITT

    ITT CORP

    39.2

    31.15

    80.48

    GE

    GENL ELECTRIC

    26.6

    26.34

    25.89

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: conglomerates Stocks: IEP, LXU, FSS, TXT, CLC, TYC, UTX, HON, CR, MIC, CSL, CODI, ITT, GEVO
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