German stock alert

GFR

Afternoon Alert: Daimler drops 2.5% on robust volume 25 July 2017 13:14 CEST

NEWS BITES - EUROPE

Daimler AG (ETR:DAI) traded on heavy volume of 1.6 times average so far today while the price dropped EUR1.56 (or 2.5%) to trade at EUR61.02.

Current indications of bearish signals that support the trend in the unusual trading:

+ The 5.2% premium to 12-month low of EUR58.01 against the 16.7% discount to high of EUR73.23 suggests the stock continues to push for new lows.

+ The stock has underperformed 91% of the Xetra market over the past 6 months.

+ The price tumbled 6.7% in the last month.

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

Overvaluation:

+ Year-on-Year Earnings Growth of 1.3% [11.9%]

+ Price/Earnings/Growth of 1.01 [0.7]

+ Price to Book of 1.5 [1.2]

+ Price/Sales of 0.4 [0.4]

Other Bearish Signals include:

+ Tobin's Q Ratio is 0.3. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

Note

Bullish Signals:

The company is cash rich with Cash to Market Capitalisation at 19.1%.

Interest cover is less leveraged at 24 times.

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

Undervaluation:

Return on Equity 15.6% [10.4%]

Return on Assets 3.6% [2.9%]

Return on Capital Employed 8.3% [7.2%]

Daimler AG (DE:DAI; ETR:DAI; GR:DAI)

ISIN: DE0007100000

PermID: 4295869694

Source: www.BuySellSignals.com