Today, we have shortlisted 12 stocks across sectors which have generated high free cash flows and reported significant revenues and EBITDA margins during second quarter of 2014. Moreover, these stocks have Free Cash Flow (FCF) to Sales ratio of more than 10% with attractive free cash flow yields. We note that these stocks are trading at price to cash flow ratio (P/CF) of less than 15. Additionally, majority of these stocks have recorded gains in the past month with daily average trading volume above 100,000.
|
Company Name |
Exchange |
Ticker |
Market Cap |
Last Price |
Average Volume |
Price Change |
EBITDA Margin* |
Free Cash Flow* (Mn) |
FCF to Total Sales |
Price to Free Cash Flow* |
Free Cash Flow Yield* |
|
Lake Shore Gold Corp |
TSX |
LSG |
532.0 |
1.26 |
2,852,304 |
59.5% |
46.2% |
36.8 |
49.0% |
6.0 |
16.6% |
|
OceanaGold Corp |
TSX |
OGC |
909.4 |
3.02 |
1,752,349 |
14.0% |
47.9% |
21.6 |
17.0% |
7.0 |
14.4% |
|
Brocade Communications Systems Inc |
NASDAQ |
BRCD |
4,003.8 |
9.35 |
4,862,948 |
8.6% |
21.7% |
153.8 |
28.6% |
7.8 |
12.8% |
|
Lucara Diamond Corp |
TSX |
LUC |
946.3 |
2.50 |
892,191 |
25.6% |
59.0% |
31.4 |
44.3% |
9.9 |
10.1% |
|
Great Canadian Gaming |
TSX |
GC |
1,310.1 |
19.32 |
127,361 |
27.6% |
36.1% |
37.3 |
32.5% |
10.1 |
9.9% |
|
Emera Inc |
TSX |
EMA |
4,946.5 |
34.81 |
334,262 |
2.6% |
31.6% |
208.8 |
36.9% |
11.0 |
9.1% |
|
Atlantic Power Corp |
TSX |
ATP |
517.9 |
4.29 |
400,169 |
21.9% |
30.4% |
32.8 |
22.9% |
11.4 |
8.8% |
|
ARRIS Group Inc |
NASDAQ |
ARRS |
4,538.4 |
31.36 |
2,627,340 |
5.7% |
11.8% |
206.9 |
14.5% |
11.4 |
8.8% |
|
KAR Auction Services Inc |
NYSE |
KAR |
4,213.4 |
29.98 |
923,447 |
1.3% |
21.3% |
114.2 |
19.5% |
12.7 |
7.9% |
|
DH Corp |
TSX |
DH |
2,683.1 |
33.19 |
210,901 |
3.7% |
25.8% |
34.3 |
12.0% |
13.0 |
7.7% |
|
Brown & Brown Inc |
NYSE |
BRO |
4,609.5 |
31.89 |
693,385 |
8.1% |
32.3% |
102.6 |
25.8% |
13.4 |
7.4% |
|
Exelis Inc |
NYSE |
XLS |
3,282.5 |
17.43 |
1,529,794 |
8.2% |
12.7% |
169.0 |
15.1% |
14.0 |
7.1% |
Source: Bloomberg
*Latest Reported Quarter (Q2’14)
Market Cap & Last Price are in their respective values
Company Description:
Lake Shore Gold Corp (TSX: LSG)
Lake Shore Gold Corp. is a gold mining company that is in production and pursuing rapid growth through the advancement of three wholly owned complexes in the Timmins Gold Camp.
OceanaGold Corp (TSX: OGC)
OceanaGold Corporation is a gold mining and exploration company. The company currently owns interests in projects in New Zealand and the Philippines.
Brocade Communications Systems Inc (NASDAQ: BRCD)
Brocade Communications Systems, Inc. provides switching solutions for storage area networks (SAN). The company’s switching solutions utilize the fiber channel interconnect protocol. Brocade’s family of SilkWorm switches enables a company to manage growth of its data storage requirements, improve the data transfer performance, and increase the size of its SAN.
Lucara Diamond Corp (TSX: LUC)
Lucara Diamond Corporation is a diamond mining company. The company owns interests in diamond projects in Lesotho, Africa.
Great Canadian Gaming Corp (TSX: GC)
Great Canadian Gaming Corporation, through its subsidiary operates a number of casinos in British Columbia, Canada.
Emera Inc (TSX: EMA)
Emera Inc. provides diversified energy and services through its subsidiaries. The company supplies electric generation, transmission, and distribution in Nova Scotia, Canada. Emera also delivers bunker oil, diesel fuel, and light fuel. In addition, the company delivers Sable Island natural gas to markets in Maritime Canada and the northeastern United States.
Atlantic Power Corp (TSX: ATP)
Atlantic Power Corporation holds indirect interests in non-utility electric generating facilities that operate primarily in the United States electric power generation industry.
ARRIS Group Inc (NASDAQ: ARRS)
ARRIS Group Inc. is a global communications technology company specializing in the design and engineering of broadband local access networks. The company develops, manufactures, and supplies optical transmission, cable telephony and Internet access, outside plant construction, and maintenance equipment for cable system operators.
KAR Auction Services Inc (NYSE: KAR)
KAR Auction Services Inc. provides wholesale vehicle auction services in North America. The company facilitates a marketplace providing auction services for sellers of used and salvage vehicles through physical auction locations and multiple proprietary Internet websites.
DH Corp (TSX: DH)
DH Corporation offers technology and technology based services to financial institutions in North America. The company’s services include lending technology, loan and credit card services, securitized lending services, cheque programs and other business process outsourcing.
Brown & Brown Inc (NYSE: BRO)
Brown & Brown, Inc. and its subsidiaries provide a range of insurance and reinsurance products and services. The company also provides risk management, employee benefit administration, and managed health care services. Brown & Brown operates offices across the United States.
Exelis Inc (NYSE: XLS)
Exelis Inc. is a diversified, global aerospace, defense and information solutions company. The company’s operations include networked communications, sensing and surveillance, electronic warfare, air traffic management and information systems with growing positions in cyber security, composite aerostructures, logistics and technical services.
