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With Group 1, I would encourage you to focus on some of the metrics I provided above. In particular how operating profit per store (despite some pretty tough hurricane rebuild comparison headwinds this year in the first quarter) actually remained flat. And also the 9.3% 2007 earnings yield (the most attractive among all of the players) and 1.3% dividend yield. Now current earnings yields do not tell you future returns. So clearly the investors are saying Group 1 is unlikely to grow like the rest of the auto retailers. I’m not convinced that is the case (and why I rank them #3.) To illustrate just how much of a standup CEO Earl Hesterberg is, one who I think takes a
... To view the entire article: Related Companies: Group 1 Automotive
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