Alphabet Inc. A buy ValueFreak

Wachstumswert mit solider Eigenkapitalbasis

Google wird am KGV gemessen zwar teuer an der Börse gehandelt, ist dafür jedoch wachstumsstark und hat entsprechendes Kapital zur weiteren Beschleunigung des Wachstums zur Verfügung. Das erste Quartal sieht mit 55,6% EPS Wachstum sehr vielversprechend aus. Die abgeschlossene Aquisition von Motorola Mobility wird die Marktposition in der mobilen Kommunikation verbessern.

Update vom 18.6.: EPS Trend und Daten Q1 ergänzt - das jährliche EPS Wachstum liegt bei 25,7%.

Quelle: SEC Filings

Fiscal year ending 31 Dec 2006 2007 2008 2009 2010 2011 2011.25 Balance Sheet (mill. USD) Current Liabilities 1,305 2,036 2,302 2,747 9,996 8,913 9,742 Noncurrent Liabilities 129 611 1,227 1,745 1,614 5,416 5,690 Total Equity 17,040 22,690 28,239 36,004 46,241 58,145 61,712 Stockholders Equity 17,040 22,690 28,239 36,004 46,241 58,145 61,712 Total Assets 18,473 25,336 31,768 40,497 57,851 72,574 77,144 Current Assets 13,040 17,289 20,178 29,167 41,562 52,758 56,859 Cash 3,545 6,082 8,657 10,198 13,630 9,983 23,108 Revenue & Profit (mill. USD) Revenue 10,605 16,594 21,796 23,651 29,321 37,905 39,975 Net Income (Total) 3,077 4,204 4,227 6,520 8,505 9,737 10,829 Net Income (Stockholder) 3,077 4,204 4,227 6,520 8,505 9,737 10,829 Free Cashflow 1,678 3,373 5,494 8,506 7,063 18,003 18,808 Share Data Number of Shares (mill.) 301.403 310.806 313.959 316.221 318.702 322.823 325.299 Period End Price (USD) 460.48 691.48 307.65 619.98 593.97 645.90 641.24 Ratios Equity / Share 56.54 73.00 89.94 113.86 145.09 180.11 189.71 Diluted Earning / Share 9.94 13.29 13.31 20.41 26.31 29.76 33.00 Dividend / Share 0.00 0.00 0.00 0.00 0.00 0.00   Dil. EPS with reinv. Dividend (USD) 9.94 13.29 13.31 20.41 26.31 29.76 33.00 Price / Earnings 46.33 52.03 23.11 30.38 22.58 21.70 19.43 Price / Bookvalue 8.15 9.47 3.42 5.45 4.09 3.59 3.38 Equity Ratio 92.2% 89.6% 88.9% 88.9% 79.9% 80.1% 80.0% Current Ratio 999.5% 849.3% 876.5% 1061.6% 415.8% 591.9% 583.6% Long Term Debt / Free Cashflow 0.08 0.18 0.22 0.21 0.23 0.30 0.30 Key Performance Indicators (KPI's) ROI 17.92% 18.04% 14.35% 17.27% 17.77% 15.32% 16.07% Net Margin 29.02% 25.33% 19.39% 27.57% 29.01% 25.69% 27.09% Revenue Growth   56.47% 31.35% 8.51% 23.97% 29.28% 23.70% EPS Growth (with reinv. dividend)   33.70% 0.15% 53.34% 28.91% 13.11% 51.19% Free Cashflow Growth   101.02% 62.91% 54.81% -16.96% 154.89% 19.12%

(Laufzeit überschritten)