600720 - 500 Beiträge pro Seite

[lisa28]

Einen juten an alle,

ich weiß nicht wies euch geht(hoffe jut), aber hier gibts zu viele e-threads, vielleicht können wir uns mal auf einen einigen und die alten in die Tonne kloppen.

Servus
Lisa, die alle janz doll grüßt

[HMHM]

Hallo Lisa. Haben wir doch! Nimm den hier: 02.10.2000 Ein neuer Versuch!

[lisa28]

Hallo HMHM,

warum es nicht mal wieder im richtigen Forum versuchen?
Habe heute ein gutes Gefühl, viel Regen hier, viel Arbeit hier, immer noch dicke Kopf etc......

Lisa

[HMHM]

lisa: Ist doch im richtigen Forum!

[lisa28]

schade, dass das Lesen nicht das Schreiben bedingt.
Das dauernde hin und her flitschen macht mich ganz narrisch.
Dann hau ich mal wieder ab,
bis denn
Lisa

[Schwarzwaelder]

Guten Morgen zusammen!

HMHM

Die vielen Threads entsprechen genau unserer derzeitigen Lage und unserem Wissen bei Escom.

Gruß

SW

[HMHM]

schwarwaelder: Da könntest Du recht haben. Wenngleich ich eigentlich auch nicht das Gefühl hatte, mehr zu wissen, als wir uns in dieser Beziehung gesitteter bewegten.

[Schwarzwaelder]

@HMHM

Wir hatten aber Richtungen die uns für Escom logisch erschienen.
Zur Zeit ist das nicht mehr so. Die Zweifel sind wieder größer geworden. (noch größer als sie vorher waren)Da spielt sicherlich auch der Kursrutsch auf 0,20 EU eine Rolle.
Ich bin mir aber sicher, wenn Mogwei hier wieder auftaucht und eine Andeutung macht, ist hier die Stimmung auch wieder besser.

Gruß

SW

[lisa28]

Zur Info, wer`s noch nicht kennt. Gerade zufällig gefunden.




Company Research Report

Data as of: 9/29/00

Discuss this report with other users! Click Here

Company Description

Escom AG trades with a complete variety of personal computer (PC) hard- and software. The company, which is the second largest European computer retailer, sold 410,000 PC`s in 1994. This figure includes the sale of 80,000 computers with pentium processors. Escom AG was one of the first companies bringing these fast working processors onto the market and is now the market leader in Europe for pentium PC`s. Additionally, Escom AG offers a range of peripheral services for PC users. The company also produces PC hard- and software. Escom AG has subsidiaries in Germany, other European countries and Korea.


Competitor Analysis
Escom AG operates within the Electronics industry, and the sub industry in which it operates is the Electronic Data Processing Equipment sector. This analysis compares Escom AG with three other companies in the same sub industry in Western Europe: CMG Plc of the United Kingdom (1995 sales of £196.48 million [US$287.68 million] ), Bull of France (26.66 billion French Francs [US$3.59 billion] of which 23% was Personal Computers), and SAGEM SA which is also based in France (15.08 billion French Francs [US$2.03 billion] of which 54% was Telecommunications & Computer Terminals).


Sales Analysis
NOTE: The data being used in this write-up is from 1995. This means that this company has probably been renamed or purchased, or something, and thus this report probably isn`t relevant for much of anything.

During the year ended December of 1995, sales at Escom AG were 1.20 billion Euro (US$1.06 billion). This is an increase of 27.0% versus 1994, when the company`s sales were 946.11 million Euro. Acquisition activity may have played a role in the sales growth: Escom AG acquired Asscarfi in 1995.


Recent Sales at Escom AG 0.36
0.31
0.18
0.05
0.95
1.20

1990 1991 1992 1993 1994 1995
(Figures in Billions of Euro)


The company currently employs 2,297. With sales of 1.20 billion Euro (US$1.06 billion) , this equates to sales of US$462,092 per employee. This is much higher than the three comparable companies, which had sales between US$33,235 and US$195,587 per employee. Note that some of the figures stated herein could be distorted based on exact classification of employees and subcontractors.


Sales Comparisons (Fiscal Year ending 1995) Company Sales
(US$blns) Sales
Growth Sales/
Emp (US$) Largest Region
Escom AG 1.061 27.0% 462,092 N/A
CMG Plc 0.288 34.3% 33,235 the Netherlands (65.0%)
Bull 3.591 -10.9% 195,587 Western Europe (72.5%)
SAGEM SA 2.031 10.1% 132,381 France (66.5%)



Recent Stock Performance

For the 52 weeks ending 9/29/00, the stock of this company was down 21.4% to 0.22 Euro. During the past 13 weeks, the stock has fallen 66.2%. During the past 52 weeks, the stock of Escom AG has performed worse than the three comparable companies, which saw changes between -1.7% and 234.9%.

This company is currently trading at 0.00 times sales. This is at a lower ratio than all three comparable companies, which are trading between 0.28 and 39.37 times their annual sales.


Summary of company valuations (as of 9/29/00). Company P/E Price/
Book Price/
Sales 52 Wk
Pr Chg
Escom AG N/A N/A 0.00 -21.40%
CMG Plc 108.4 47.13 39.37 150.05%
Bull N/A 3.84 0.28 -1.73%
SAGEM SA 57.1 8.43 3.99 234.94%

The market capitalization of this company is 5.33 million Euro (US$4.71 million) . Closely held shares (i.e., those held by officers, directors, pension and benefit plans and those shareholders who own more than 5% of the stock) amount to over 50% of the total shares outstanding: thus, it is impossible for an outsider to acquire a majority of the shares without the consent of management and other insiders. The capitalization of the floating stock (i.e., that which is not closely held) is 744,190.65 Euro (US$657.41 thousand) . These shares are not very liquid.


Dividend Analysis
This company has paid no dividends during the last 12 months. Escom AG last paid a dividend during fiscal year 1990, when it paid dividends of 1.53 per share.


Profitability Analysis
Most of the income statement figures for 1995 are not yet available. However, the pre-tax income of Escom AG was -63.91 million Euro, equivalent to -5.3% of sales. (By contrast, in 1994, the pre-tax income of 6.87 million Euro was 0.7% of sales).

Note: since the sales and pre-tax figures are already available, it is likely the rest of the data for this company in 1995 will be available soon.

During the second quarter of 1995, Escom AG reported a loss per share of 0.04 Euro.



Industry Overview
The market for medical devices in Germany is estimated at USD 12.5 billion for the year 2000, approximately 13 percent of total health expenditures. There are roughly 1,200 local medical device manufacturers, which produced medical devices valued at USD 8 billion in 1999. The major consumer group is the in-patient, hospital sector, accounting for USD 7.5 billion(e) in the year 2000, followed by the out-patient sector valued at USD 5 billion(e). As a result of health reform 2000 and cost-containment measures, local production is expected to increase only moderately by 1.3 percent, with the total market size estimated to grow by 5.5 percent in the year 2000. Experts consider medical devices a growth market with excellent potential for U.S. suppliers of innovative and price-competitive products. U.S. medical device exporters to Germany hold a 30 percent market share and, with CE marked products, will continue to find excellent potential in Germany and other European countries.

The size of the computer and peripheral market in Germany in 1999 was US$22.9 billion and is expected to reach $24.5 billion in 2000.

Source: US Department of State FY2001 Country Commercial Guide


User Selected Comparisons
If you would rather compare this company to different companies than the ones above, simply enter their names or ticker symbols below, and this report will be re-written with these new companies. You may enter the ticker symbol or the first few letters of a word in the company`s name (you must enter at least four characters for a name, and at least one character for a ticker). You must enter in three companies; if you don`t, there can be no competitive analysis and the computer will choose.


Competitor #1:
Competitor #2:

Competitor #3:




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Copyright 1999 The Winthrop Corporation, Distributed by Wright Investors’ Service, Inc. All Rights Reserved
IMPORTANT NOTICE: These pages are being issued on an experimental basis. They are computer generated, and should not be used in any investment decisions. Due to the experimental nature of these pages, there may be significant errors or omissions. Any data items stated herein should be verified.
These pages may not be reproduced, stored in a retrieval system, or transmitted for commercial purposes, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without prior written permission. This analysis and the data on which it is based are believed to be reliable, but accuracy, completeness and opinions are not guaranteed. DO NOT RELY ON THIS ANALYSIS OR DATA FOR INVESTMENT DECISION MAKING OR ANY OTHER PURPOSE. This analysis has been prepared by applying standard rules of analysis to over 20,000 companies around the world. Unusual or limited data available at the time of preparation will impair its usefulness. The analysis and data should be verified from an alternate source.


For questions, comments or suggestions about this report, please contact:
George M. Regnery
[phone]
[e-mail]


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