Monday, January 17, 2011

VOD.L - VODAFONE - a weak buy

VOD is trading on a PER of 11, and a yield of 5.1%. It is liked by M&G Recovery, Fidelity Special Situations and Invesco Perpetual Income. At a PBV of 0.99, it is in the lowest quintile - a favourite value criterion. It has a z-score of 0.52 (ouch), but has steady streams of revenue. There are decreasing EPS projections, though. VOD has been making substantial buybacks lately.

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