Bernard Arnault's Private Equity Firm Leads $800 Million Investment in Flexjet
Flexjet, the world's second-largest private jet company, said the investment by L Catterton will bolster its strength in the luxury market and allow it to offer more bespoke experiences and curated events that are exclusive to its customers. Affiliates of KSL Capital Partners and the J. Safra Group also participated in the funding round, Flexjet said in a statement.
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Mr Price Group Limited's (JSE:MRP) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Mr Price Group (JSE:MRP) has had a rough three months with its share price down 14%. However, the company's fundamentals look pretty decent, and long-term financials are usually aligned with future market price movements. Particularly, we will be paying attention to Mr Price Group's ROE today. ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. How Do You Calculate Return On Equity? Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Mr Price Group is: 26% = R3.8b ÷ R14b (Based on the trailing twelve months to March 2025). The 'return' is the profit over the last twelve months. That means that for every ZAR1 worth of shareholders' equity, the company generated ZAR0.26 in profit. See our latest analysis for Mr Price Group What Is The Relationship Between ROE And Earnings Growth? We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. Mr Price Group's Earnings Growth And 26% ROE At first glance, Mr Price Group seems to have a decent ROE. Further, the company's ROE compares quite favorably to the industry average of 15%. Probably as a result of this, Mr Price Group was able to see a decent growth of 6.1% over the last five years. We then compared Mr Price Group's net income growth with the industry and found that the company's growth figure is lower than the average industry growth rate of 11% in the same 5-year period, which is a bit concerning. Earnings growth is a huge factor in stock valuation. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. This then helps them determine if the stock is placed for a bright or bleak future. Is Mr Price Group fairly valued compared to other companies? These 3 valuation measures might help you decide. Is Mr Price Group Making Efficient Use Of Its Profits? Mr Price Group has a significant three-year median payout ratio of 63%, meaning that it is left with only 37% to reinvest into its business. This implies that the company has been able to achieve decent earnings growth despite returning most of its profits to shareholders. Besides, Mr Price Group has been paying dividends for at least ten years or more. This shows that the company is committed to sharing profits with its shareholders. Based on the latest analysts' estimates, we found that the company's future payout ratio over the next three years is expected to hold steady at 66%. Therefore, the company's future ROE is also not expected to change by much with analysts predicting an ROE of 29%. Conclusion In total, it does look like Mr Price Group has some positive aspects to its business. Its earnings have grown respectably as we saw earlier, which was likely due to the company reinvesting its earnings at a pretty high rate of return. However, given the high ROE, we do think that the company is reinvesting a small portion of its profits. This could likely be preventing the company from growing to its full extent. That being so, the latest analyst forecasts show that the company will continue to see an expansion in its earnings. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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10 shares I wouldn't want to hold in a stock market crash
There are several warning signs suggest the stock market may be entering an overheating phase, reminiscent of prior late-stage bull markets. It's certainly more prevalent in the US, but even some UK stocks look a little too hot to touch. Key indicators include technical metrics, valuation levels, investor behaviour, and macroeconomic signals. The S&P 500 is trading significantly above its 200-day moving average, a pattern often seen near market peaks. Meanwhile the market has been climbing the so-called Wall of Worry. Market participants have been shrugging off negative news, fuelling elevated investor optimism despite conflicting signals from credit markets and underlying economic risks. Valuations are looking stretched all over the place, even when accounting for the transformative impact of artificial intelligence (AI). For context, the forward price-to-earnings-to-growth (PEG) ratio for the global IT sector now sits at 1.83, suggesting that growth is more than priced in. High-performing sectors, particularly technology leaders, have experienced the kind of parabolic rallies that historically precede sharp corrections. Modest rallies are typically more indicative of sustainable price movement. And many commentator are highlighting that the market will need to acknowledge some of the broader economic challenges we see today. Inflation is stubborn in many parts of the world, geopolitical tensions remain elevated, and US trade policy will have a material impact on global development. So, which shares would I not want to hold in a stock market crash? Well, stocks with strong momentum that could reverse amid demanding valuations. Stock 6-month price change Arm Holdings -1.5% Holdings 88% Credo Technologies 25.8% Oracle 32% Palantir 96% Quantum Computing Inc 55% Rightmove 21% Rocket Lab 58% SoundHound AI -24% Tesla (NASDAQ:TSLA) -24% There's no particular pattern here. However, many trade at multiples far in excess of their averages, display unsustainable share price movements, and have an element of speculation baked in. I even owned some until recently, and continue to own Quantum Computing Inc — this is a short-term trade not an investment. I sadly decided to part with my Rocket Lab shares — up 100%, but I think the gains were unsustainable. What's wrong with Tesla? I like Tesla. I own a Tesla. But I wouldn't buy Tesla stock at the current price. Simply, at 177 times forward earnings, the stock is detached from its fundamentals and even its prospects. The stock has become so expensive because of the belief that Tesla will dominate the autonomous driving revolution. Indeed, it's certainly ahead of the game in relative terms, having rolled out robotaxis in limited numbers. However, there is no guarantee it will dominate in the autonomous era. And there's no guarantee uptake will be unanimous. And that's an issue for a company with a price-to-earnings-to-growth (PEG) ratio of eight times. Ironically, Ferrari, the antithesis of autonomous driving, also trades with an outrageous PEG of six times. Long story short, as much as I like the brand, the valuation is built on a degree of speculation. And when the market goes into reverse, speculators get hurt the most. That's why I think investors should consider other stocks with stronger metrics for now. Or possibly sell if they hold them. Nonetheless, I still think there are some excellent investment opportunities out there, even in the current market. The post 10 shares I wouldn't want to hold in a stock market crash appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool James Fox has positions in Quantum Computing Inc. The Motley Fool UK has recommended Oracle, Rightmove Plc, and Tesla. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
