Why is ACCO Brands Corp. ?
1
Poor Management Efficiency with a low ROCE of 8.24%
- The company has been able to generate a Return on Capital Employed (avg) of 8.24% signifying low profitability per unit of total capital (equity and debt)
- NET PROFIT(9M) At USD 56.96 MM has Grown at -33.92%
- OPERATING CASH FLOW(Y) Lowest at USD 112.2 MM
- RAW MATERIAL COST(Y) Grown by 6.89% (YoY)
2
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -36.33% returns in the last 1 year, the stock has also underperformed S&P 500 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Miscellaneous)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is ACCO Brands Corp. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
ACCO Brands Corp.
-35.65%
-0.54
42.02%
S&P 500
14.9%
0.70
20.15%
Quality key factors
Factor
Value
Sales Growth (5y)
-2.28%
EBIT Growth (5y)
-6.11%
EBIT to Interest (avg)
2.94
Debt to EBITDA (avg)
4.51
Net Debt to Equity (avg)
1.35
Sales to Capital Employed (avg)
1.04
Tax Ratio
10.15%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
94.77%
ROCE (avg)
8.24%
ROE (avg)
11.57%
Valuation Key Factors 
Factor
Value
P/E Ratio
5
Industry P/E
Price to Book Value
0.48
EV to EBIT
10.11
EV to EBITDA
6.08
EV to Capital Employed
0.77
EV to Sales
0.73
PEG Ratio
NA
Dividend Yield
697.71%
ROCE (Latest)
7.60%
ROE (Latest)
9.53%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
Bullish
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
3What is working for the Company
DIVIDEND PAYOUT RATIO(Y)
Highest at 174.83%
RAW MATERIAL COST(Y)
Fallen by -1.87% (YoY
CASH AND EQV(HY)
Highest at USD 215.8 MM
-12What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at USD 90.8 MM
NET PROFIT(Q)
At USD 4.41 MM has Fallen at -66.28%
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.96 times
Here's what is working for ACCO Brands Corp.
Cash and Eqv
Highest at USD 215.8 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Dividend Payout Ratio
Highest at 174.83%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Raw Material Cost
Fallen by -1.87% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for ACCO Brands Corp.
Net Profit
At USD 4.41 MM has Fallen at -66.28%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (USD MM)
Operating Cash Flow
Lowest at USD 90.8 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (USD MM)
Debtors Turnover Ratio
Lowest at 4.96 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






