Spanish stock alert

SPAIN

CLOSING UPDATE: Atresmedia Corp de Medios de Comunicacion up 2.7% in 2 days 20 April 2018 21:00 CEST

NEWS BITES - EUROPE

This is an end of day Alert, produced after today's Spanish market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Atresmedia Corp de Medios de Comunicacion, Spain's largest media company by market capitalisation, extended its gains on Friday, rising an additional 17.0c (or 2.3%) to trade at EUR7.70.

Technical indicators complementing today's significant uptrend:

+ The price lifted 3.0% in the last week and increased 0.5% in the last month.

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

Undervaluation:

+ Price/Earnings of 12.2 [43.3]

+ Dividend yield of 11.9% [6.6%]

+ Return on Assets 10.5% [1.8%]

+ Return on Capital Employed 26.7% [9.5%]

Other Bullish Signals include:

+ Interest cover is less leveraged at 57.2 times.

+ Tobin's Q Ratio is 1.3. Compared with the rest of the market the stock is undervalued.

+ As per the Du Pont analysis, Return on Equity is high at 31.8%. Also, this has improved from 24.9% last year.

Note

Bearish Signals:

The negative 0.12 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

The 4.5% premium to 12-month low of EUR7.37 against the 28.1% discount to high of EUR10.70 suggests the stock continues to push for new lows.

The stock has underperformed 82% of the Spanish market over the past 6 months.

In the last three months the stock has hit a new 52-week low twice.

Net profit margin has averaged 12.1% in the last 3 years. This is lower than the sector average of 12.2% and suggests a low margin of safety.

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

Overvaluation:

Price/Sales of 1.6 [1.1]

Return on Equity 31.8% [41.5%]

TODAY'S ALERT

Afternoon Alert: Atresmedia Corp de Medios de Comunicacion accelerates rise, now up 3.5% in 2 days

20 April 2018 14:41 CEST

Atresmedia Corp de Medios de Comunicacion SA (MA:A3M) is up 26.0c (or 3.5%) over the past two trading days. After rising 0.4% on Thursday, the stock rose 3.1% on Friday to trade at EUR7.76 vs. the IBEX 35 Index that is up 0.3% in the same period.

Atresmedia Corp de Medios de Comunicacion SA (MA:A3M; MCE:A3M; MC:A3M; SM:A3M)

ISIN: ES0109427734

PermID: 4295889425

Source: www.BuySellSignals.com