05:56:06 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Great Canadian Gaming Corp
Symbol GC
Shares Issued 60,697,735
Close 2016-12-05 C$ 23.80
Market Cap C$ 1,444,606,093
Recent Sedar Documents

Globe says Emera, others offer growth and value

2016-12-06 08:19 ET - In the News

See In the News (C-EMA) Emera Inc

The Globe and Mail attempts to identify Canadian growth companies creating wealth for their shareholders and trading at a discount in its Tuesday, Dec. 6, edition. The Globe's Jean-Didier LaPointe writes in the Number Cruncher column that he looked at about 1,500 stocks, picking only companies with a market capitalization of $1-billion or greater. He looked for 12-month growth in revenue of 10 per cent or greater. Mr. LaPointe only considered companies with 24-month revenue growth of 20 per cent or greater. His picks needed to have an economic performance index, or EPI (return on capital divided by cost of capital), of at least 1. An EPI ratio of 1 or more indicates a company's capacity to create wealth for its shareholders. As well, Mr. LaPointe looked for return on capital of 10 per cent or greater. Finally, he considered negative future growth value (FGV), which shows the portion of the total market value that exceeds the company's current operating value, indicating the level of risk. Canadian growth companies that offer value, according to Mr. LaPointe's figuring, are First National Financial, EnerCare, Emera, Magellan Aerospace and Great Canadian Gaming.

© 2024 Canjex Publishing Ltd. All rights reserved.