Fundamental analysis for CEE emerging markets.
Posted on Tuesday, June 3rd, 2008 | In Current Market News, Europe, Exchange Traded Funds, Russia, Stocks to WatchContributed by: Vlada Kynsky (http://stockweb.blogspot.com/) -
Yesterday I posted about new ETF iShares MSCI Eastern Europe (IEER.L). Let’s have a look to key fundamental indicators of countries included in the fund. Russian index RTX, Polish WIG, Hungarian BUX and Czech PX.
| Country/Region | DivYld | P/B | P/CF | FY0 P/E | 12M Trailing P/E |
FY1 P/E | ||
| Russia | 0.98 | 2.24 | 13.91 | 13.22 | 10.35 | 11.6 | ||
| Poland | 2.78 | 2.25 | 9.14 | 12.73 | 12.39 | 11.94 | ||
| Hungary | 2.6 | 2.37 | 6.4 | 10.23 | 9.83 | 9.36 | ||
| Czech Republic | 2.96 | 2.82 | 8.52 | 15.49 | 18.39 | 13.62 |
Central European countries provide high dividends. On average dividend yield in Emerging countries is 1.91. Also P/E ratios are better than average. Lower P/E valuation for Hungary is mainly influenced by low GDP growth which is already one year below 1%. Hungarian economic outlook is the worst in region. See below how these emerging markets stand vs global fundamental picture.
| Country/Region | DivYld | P/B | P/CF | FY0 P/E | 12M Trailing P/E |
FY1 P/E | ||
| Global | 2.5 | 2.19 | 8.74 | 14.8 | 15.4 | 13.69 |
Related tickers: (GUR), (CEE), (RSX), (GMM), (BIK),
Last 5 posts by Vlada Kynsky
- Currency pair analysis for EUR/USD. - August 18th, 2008
- CPM ads for your feed - Adsense for Feed. - August 18th, 2008
- Economic reports and earnings results. - August 18th, 2008
- Emerging markets indexes. - August 13th, 2008
- Key economic reports and earnings results. - August 11th, 2008
Tags for this Post:
BIK, bux, cee, central european countries, Current Market News, Czech Republic, Emerging Markets, ETF, Europe, Exchange Traded Funds, fundamental indicators, Gdp Growth, gmm, Gur, ishares msci, RSX, rtx, Russia, russian index, Stocks to Watch, wig
BIK, bux, cee, central european countries, Current Market News, Czech Republic, Emerging Markets, ETF, Europe, Exchange Traded Funds, fundamental indicators, Gdp Growth, gmm, Gur, ishares msci, RSX, rtx, Russia, russian index, Stocks to Watch, wig
 About Vlada Kynsky (http://stockweb.blogspot.com/)
Vlada Kynsky studied economics and gained work experience as SAP analyst in information technology. His origin is in Czech Republic but due to different work assignments lived in many European countries. He explores mainly emerging markets. In his research he focuses on ETF and international stocks. Another area of interest are technology stocks. |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.