Thu, Jul 31, 2014, 4:40 AM EDT - U.S. Markets open in 4 hrs 50 mins


% | $
Click the to save as a favorite.

Fresh Del Monte Produce Inc. Message Board

  • bommbsawway bommbsawway Mar 4, 2010 2:14 PM Flag

    Re: relative valuation and costs.

    I don’t know what metrics BB&T is using to make a relative valuation call, but as a multiple of cash flow and earnings, FDP, DOLE and CQB are similarly valued. Based on a superior balance sheet, I would think FDP deserves a higher multiple.

    Regarding costs, SG&A and taxes were up. SG&A costs were up $4M due to increased advertising in England, and taxes increased by $5M. FDP’s SG&A costs are less than DOLE’s and CQB’s; FDP has better operating margins. Perhaps I am missing something, but I don’t see BB&T’s problem.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
29.99+0.18(+0.60%)Jul 30 4:03 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.