08:12:49 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Great Canadian Gaming Corp
Symbol GC
Shares Issued 68,813,683
Close 2015-02-11 C$ 19.40
Market Cap C$ 1,334,985,450
Recent Sedar Documents

Globe says outlook bright for Linamar, others

2015-02-12 07:59 ET - In the News

See In the News (C-LNR) Linamar Corp

The Globe and Mail attempts to identify large-cap Canadian companies that have growing earnings and are reinvesting these earnings for future growth in its Thursday, Feb. 12, edition. The Globe's Ian Tam writes in the Number Cruncher column that the reinvestment rate is defined as the earnings per share of a company, less dividends, divided by the adjusted book value of a company's equity. Mr. Tam says the reinvestment rate is a common measure of growth. Investors can look at both trailing reinvestment rates as well as expected reinvestment rates (based on consensus estimates for EPS, and the expected dividends). For this item, Mr. Tam looked for large-cap Canadian companies with both an improving trailing reinvestment rate and expected reinvestment rate. Mr. Tam's picks had to have positive five-year normalized earnings growth (which measures the annual compound growth of EPS averaged over the past five years), as well as positive three-month earnings estimate revisions. Stocks were screened to remove names with market capitalization of less than $900-million. Large caps poised for growth are Linamar, Alimentation Couche-Tard, WestJet Airlines, DHX Media and Great Canadian Gaming.

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