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 hold?
- Overall Portfolio exposure to ACCO Brands Corp. should be less than 10%
- Overall Portfolio exposure to Miscellaneous should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Miscellaneous)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is ACCO Brands Corp. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
ACCO Brands Corp.
12.43%
-0.54
42.02%
S&P 500
22.24%
0.70
20.15%
Quality key factors
Factor
Value
Sales Growth (5y)
-1.63%
EBIT Growth (5y)
-3.29%
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
68.27%
Pledged Shares
0
Institutional Holding
96.11%
ROCE (avg)
8.24%
ROE (avg)
11.57%
Valuation Key Factors 
Factor
Value
P/E Ratio
5
Industry P/E
Price to Book Value
0.42
EV to EBIT
9.90
EV to EBITDA
5.92
EV to Capital Employed
0.73
EV to Sales
0.70
PEG Ratio
NA
Dividend Yield
1025.21%
ROCE (Latest)
7.42%
ROE (Latest)
8.92%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
No Trend
Technical Movement
15What is working for the Company
PRE-TAX PROFIT(Q)
At USD 21.4 MM has Grown at 249.65%
NET PROFIT(Q)
At USD 25.9 MM has Grown at 335.45%
ROCE(HY)
Highest at 11.49%
DIVIDEND PAYOUT RATIO(Y)
Highest at 36.93%
RAW MATERIAL COST(Y)
Fallen by -3.05% (YoY
-3What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at USD 66.7 MM
Here's what is working for ACCO Brands Corp.
Pre-Tax Profit
At USD 21.4 MM has Grown at 249.65%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (USD MM)
Net Profit
At USD 25.9 MM has Grown at 335.45%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (USD MM)
Dividend Payout Ratio
Highest at 36.93%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Raw Material Cost
Fallen by -3.05% (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.
Operating Cash Flow
Lowest at USD 66.7 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)






