So I have been slowly generating a 1YPEG score for my all positions. I have 100 to go through so the process is taking a while. Before you gasp in disbelief yes I did say 100. Most of my scoring so far has been around 1.x with the occasional 2.x or 3.x. I’m not overly worried.
Whenever I encounter a 1YPEG score less than 1 I made a deal with myself to quit for the night and call victory - to pick up the task again tomorrow.
LUK is one of those low scoring 1YPEGs. Now, there has been plenty of research around LUK around the Fooldom so I’ll leave it as an exercise to further review/study if the stock makes sense to you. Without further ado:
Leucadia National Corp - LUK Revenues 2013 2297 2675 2532 2920 2014 2942 2852 3003 2688 2015 3184 Earnings 2013 1.10 .14 .01 .05 2014 .25 .17 .14 -.01 2015 1.00 3/2014 .45 3/2015 1.30 YoY EPS growth = 188.89% PE = 24.57 / 1.30 = 18.9 1YPEG = 18.9 / 188.89 = .10
Leucadia has seemed to have had a rough go over the past few years. The last time EPS was above 1.00 was in 1Q2013. I’ve read via a few articles on the Fool that they seem to be turning the corner. If that is the case I think we may have a strong candidate here - a slower performer on its way to recovery.
Comments, thoughts discussion would be most welcome.