Today, we have shortlisted 12 stocks across sectors which have generated high free cash flows and reported significant revenues and EBITDA margins during the latest reported quarter of 2014. Moreover, these stocks have Free Cash Flow (FCF) to Sales ratio of more than 50% 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, some of these stocks have recorded gains in the past three months with daily average trading volume above 100,000.
|
Company Name |
Ticker |
Exchange |
Sector |
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* |
|
AG Mortgage Investment Trust |
MITT |
NYSE |
Financial |
522.3 |
18.40 |
205,634 |
-1.6% |
83.2% |
25.6 |
50.5% |
5.3 |
19.0% |
|
Alaris Royalty Corp |
AD |
TSX |
Financial |
1,013.3 |
31.67 |
135,166 |
7.9% |
82.6% |
12.9 |
80.8% |
12.3 |
8.1% |
|
Labrador Iron Ore Royalty |
LIF |
TSX |
Basic Materials |
1,532.8 |
23.95 |
252,567 |
-20.6% |
78.5% |
29.2 |
86.7% |
11.6 |
8.6% |
|
CAI International Inc |
CAP |
NYSE |
Industrial |
418.7 |
19.83 |
107,717 |
-7.1% |
78.2% |
36.8 |
66.6% |
3.8 |
26.3% |
|
Lightstream Resources |
LTS |
TSX |
Energy |
1,050.9 |
5.25 |
725,239 |
-39.0% |
73.2% |
157.5 |
56.9% |
14.9 |
6.7% |
|
Birchcliff Energy Ltd |
BIR |
TSX |
Energy |
1,594.2 |
10.86 |
580,713 |
-23.0% |
71.0% |
82.9 |
77.1% |
11.0 |
9.1% |
|
Colony Financial Inc |
CLNY |
NYSE |
Financial |
2,461.8 |
22.46 |
1,222,743 |
-2.3% |
68.9% |
36.0 |
62.7% |
13.1 |
7.6% |
|
VAALCO Energy Inc |
EGY |
NYSE |
Energy |
488.7 |
8.58 |
1,005,745 |
28.6% |
55.8% |
37.6 |
72.1% |
8.6 |
11.7% |
|
Black Diamond Group |
BDI |
TSX |
Industrial |
1,188.6 |
27.75 |
122,747 |
-20.3% |
36.5% |
53.8 |
60.9% |
14.8 |
6.8% |
|
Rayonier Inc |
RYN |
NYSE |
Financial |
3,939.3 |
31.13 |
1,020,442 |
-11.5% |
34.7% |
83.4 |
51.1% |
14.1 |
7.1% |
|
QIWI plc |
QIWI |
NASDAQ |
Communications |
1,743.6 |
32.17 |
588,617 |
-18.6% |
26.9% |
1746.5 |
50.1% |
13.6 |
7.4% |
|
Piper Jaffray Cos |
PJC |
NYSE |
Financial |
887.2 |
54.57 |
163,279 |
8.1% |
24.2% |
149.0 |
84.7% |
2.8 |
35.8% |
Source: Bloomberg
*Latest Reported Quarter
Market Cap & Last Price are in their respective values
Company Description:
AG Mortgage Investment Trust Inc (NYSE: MITT)
AG Mortgage Investment Trust, Inc. operates as a real estate investment trust. The company invests in, acquires, and manages a portfolio of residential mortgage and financial assets, and other real estate related securities.
Alaris Royalty Corp (TSX: AD)
Alaris Royalty Corporation is a private equity fund that invests in a diversified range of private companies around the world with a focus on North America.
Labrador Iron Ore Royalty Corp (TSX: LIF)
Labrador Iron Ore Royalty Corp is an unincorporated open-ended trust. The company, through its subsidiaries, holds an overriding royalty on all iron ore products produced, sold, delivered, and shipped by Iron Ore Company of Canada.
CAI International Inc (NYSE: CAP)
CAI International, Inc. is a container leasing and management company. The company provides leasing and container management services.
Lightstream Resources Ltd (TSX: LTS)
Lightstream Resources Ltd. is a light oil-focused exploration and production company in Canada.
Birchcliff Energy Ltd (TSX: BIR)
Birchcliff Energy Ltd. evaluates acquisition opportunities for light oil and natural gas with a view to purchasing assets. The company is seeking to explore and develop oil and gas in Western Canada.
Colony Financial Inc (NYSE: CLNY)
Colony Financial Inc is a real estate finance company. The company acquires, originates, and manages a diversified portfolio of real estate related debt instruments.
VAALCO Energy Inc (NYSE: EGY)
VAALCO Energy, Inc. acquires, explores, and develops crude oil and natural gas properties. The company owns producing properties and conducts exploration activities in the Philippines and Gabon, and has interest in the Texas Gulf Coast area.VAALCO, through participation in a partnership, has additional international exploration interests in South and North America and Africa.
Black Diamond Group Ltd (TSX: BDI)
Black Diamond Group Ltd. rents modular structures for use as workforce accommodations and temporary work space. The company provides temporary workspace for urban and industrial customers, the oilfield industry, and customers who work in remote areas.
Rayonier Inc (NYSE: RYN)
Rayonier Inc. is an international forestry products company. The company produces and sells cellulosic fibers, standing timber, real estate, and timberland acreage. Rayonier also produces logs and wood products, and medium density fiberboard, as well as owns, leases, and manages timberland and provides related management services.
QIWI plc (NASDAQ: QIWI)
QIWI plc is an instant payment operator for consumers. The company enables merchants to accept cash and electronic payments from virtual wallets, and operates cash-collecting terminals and kiosks.
Piper Jaffray Cos (NYSE: PJC)
Piper Jaffray Companies, Inc. is a financial services firm. The company provides investment advice and services to businesses, institutions, and individuals. Piper’s investment banking business focuses on the needs of emerging growth companies in the healthcare, technology, financial, consumer, and industrial growth sectors.
