German stock alert

GFR

Afternoon Alert: Continental lifts 3.5% 20 September 2018 13:15 CEST

NEWS BITES - EUROPE

Continental AG (ETR:CON) traded on volume of 0.1 times average so far today while the price lifted EUR5.35 (or 3.5%) to trade at EUR157.25.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Dividend yield of 2.9% [0.7%]

+ Return on Capital Employed 19.6% [14.2%]

Bullish Signals:

+ Interest cover is less leveraged at 16.2 times.

+ Total Liabilities/EBITDA of 4.6 is less than the Joseph Piotroski benchmark of <5.

+ Tobin's Q Ratio is 0.8. Compared with the rest of the market the stock is undervalued.

Note

Continental today is at a discount of 37.6% to the 12-month high of EUR252.22 on 09 Jan, 2018. It is at a premium of 7.3% to the 12-month low of EUR146.60 on 12 Sep, 2018.

Bearish Signals:

The negative 6.67 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

In the Xetra market, the stock's relative price strength percentile is slipping at 10 for 6 months, 4 for 3 months and 3 for 1 month.

In the last three months the stock has hit a new 52-week low nine times, pointing to a significant downtrend.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Price to Book of 4.4 [3.0]

Year-on-Year Earnings Growth of 6.5% [8.0%]

Continental AG (DE:CON; ETR:CON; GR:CON)

ISIN: DE0005439004

PermID: 4295869236

Source: www.BuySellSignals.com