Aug. 20 Benguet Corp (BC) 1H 2014

Benguet Corp (BC) 1H 2014

195M -Out.shares
1.84 billion pesos -Retained earnings

7.21 billion pesos -Total Asset

3.59 billion pesos -Total Liabilities

3.61 billion pesos -Equity attributable to parent company

1.91 billion pesos -Current Asset

2.04 billion pesos -Current liabilities

Revenue:

2.34 billion pesos –1H 2014
1.259 billion pesos –1H 2013

% change: 86%

Net Income:

227 million pesos –1H 2014
36.5 million pesos –1H 2013
% change: 521%

closing price 20-Aug-2014: 10.60 pesos
ANNUALIZED EPS: 2.33
PE: 3.94             

BV per share: 18.54 pesos

Price to book value: 0.57x

Other notes:

Return on Equity: 12.5%
Return on Assets: 6.30 %
Net income margin: 9.7%

Current ratio: 2.0

Debt-to-equity: 1.0

Expensive Multiple as per Benjamin Graham is 22.5 (PE x P/BV)

BV=18.54

P=10.60

P/BV= 0.57

PE= 3.94

BGM= 2.24

Happy Investing!