AH NA

Koninklijke Ahold N.V.

Consumer


Presented:06/26/2014
Price:€13.62
Cap:$13.40B
Current Price:€30.30
Cap:$31.59B

Presented

Date06/26/2014
Price€13.62
Market Cap$13.40B
Ent Value$13.68B
P/E Ratio19.45x
Book Value€7.17
Div Yield2.71%
Shares O/S894.37M
Ave Daily Vol3,680,000
Short IntN/A

Current

Price€30.30
Market Cap$31.59B
Koninklijke Ahold N.V., through its subsidiaries, operates retail stores that offer food and non-food products in the United States and Europe. It operates supermarkets, convenience stores, compact hypers, pick-up points, and gasoline stations, as well as specialty stores, which provide health and beauty care products, and wine and liquor. The company operates its stores under various brand names, such as Albert Heijn, Etos, Gall & Gall, bol.com, Pingo Doce, Stop & Shop, Giant Landover, Giant Carlisle, Martin’s, Peapod, and Albert. Koninklijke Ahold N.V. also offers its products through the Internet. As of December 29, 2013, the company operated approximately 3,131 stores. Koninklijke Ahold N.V. was founded in 1887 and is headquartered in Zaandam, the Netherlands.

Publicly traded companies mentioned herein: Koninklijke Ahold NV (AH NA), The Kroger Co (KR), Safeway Inc. (SWY), SUPERVALU Inc. (SVU), Wal-Mart Stores Inc. (WMT), Whole Foods Market, Inc. (WFM)

Highlights

International grocery chain operator Koninklijke Ahold NV (AH) is in the unenviable position of competing with the likes of Wal-Mart, Cerberus’ New Albertson’s and SUPERVALU, Whole Foods and niche private players like Wegman’s and Market Basket in the US; as well as Aldi in the Netherlands. The business is split 60% US/ 40% Netherlands, and while the Netherlands segment should hold up better and remain slightly more profitable, AH faces challenges in both markets (comps are running flat-to-down on both sides of the Atlantic). As such, he is short the stock and outlined his bearish thesis as follows:

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.