Cablevision Systems Corporation does not satisfy the requirements of either the Enterprising Investor or the more conservative Defensive Investor. The Defensive Investor is concerned with the low current ratio, insufficient earnings stability over the last ten years, the poor dividend history, and the high PEmg and PB ratios.
We evaluated 58 different companies this week to determine whether they are suitable for Defensive Investors, those unwilling to do substantial research, or Enterprising Investors, those who are willing to do such research. We also put each company through the ModernGraham valuation model based on Benjamin Graham’s value investing formulas in order to determine an intrinsic value for each. Here’s a summary of the ModernGraham Valuations.
Cablevision Systems Corporation is not suitable for either the Defensive Investor or the Enterprising Investor. The Defensive Investor is concerned with the low current ratio, lack of earnings stability over the last ten years, as well as the short dividend history.
We looked at 14 different companies this week. Â Here’s a summary of the ModernGraham Valuations. Â For more detailed analysis, click on the name of the company. Â To see screens of all of our valuations, be sure to get a copy of this month’s edition ofÂ ModernGraham Stocks and Screens! The Elite (Defensive or Enterprising and Undervalued) […]