SADIF Analytics Assigns Neutral Long-Term Outlook Rating to Cobham plc

Released on: October 27, 2008, 7:57 am

Press Release Author: SADIF-Investment Analytics SA

Industry: Financial

Press Release Summary: SADIF-Investment Analytics SA has applied its StockMarks(tm)
stock-rating system to Cobham plc and produced a research report, rating the
company's attractiveness to long-term investors.

Press Release Body: Mira, Portugal - October 27, 2008 - SADIF Investment Analytics
SA, today announced the release of a new equity research report covering Cobham plc
(COB). The report utilizes SADIF's powerful StockMarks(tm) stock rating system and is
required reading for any current or potential Cobham plc investor.

Report Summary: Cobham plc is a UK-based aerospace and defense contractor. The
company is the world's largest supplier of air-to-air refueling systems and also
develops aerospace systems for use in both civil and military aircraft. Despite high
energy costs in the first half of 2008, the company reported strong results in
August. Cobham's order intake rose by 42%, revenue increased by 28% and underlying
EPS jumped 19% when compared to the same period in 2007. Nevertheless, the economic
climate has changed considerably since these results were achieved. Worries over oil
prices now taking a backseat to credit concerns and fears that airlines and other
clients will be unable to secure the funding to enter into new contracts with
aerospace engineering firms such as Cobham. Alan Cook, CEO of Cobham plc stated on
October 14th that the credit crisis "will have a serious, serious impact on our
industry". Nevertheless, Cobham continues to secure defense contracts, announcing a
USD 37M deal with the US Navy on 23rd of October. With the uncertainty over Cobham's
short-term future, we should look to the company's long-term underlying fundamentals
in order to aide us in any investment decision. We can assess Cobham's long-term
fundamentals through the use of the StockMarks framework. The company currently has
an overall long-term investment-attractiveness rating (Total StockMark or SMT) of
52, rating similar to UK market average. This rating places Cobham seventh when
compared to nine of the company's closest UK-listed peers, selected on the basis of
both similarity of business and market positioning factors such as size.


The complete report breaks down the Total StockMark into its three components -
Business, Management and Price, performing a thorough analysis of Cobham plc for
long-term investors.

A summary of the StockMarks(tm) ratings for Cobham plc is available here:
http://sadifanalytics.com/stockmarks/company.php?ticker=COB&cod_country=110

The report has been distributed to Reuters, and forwarded to Yahoo Finance and
FT.com. It is available under 'Analyst Reports' from these websites or directly from
SADIF-Investment Analytics SA at
http://sadifanalytics.com/stockmarks/article/hist_article.php?cod_country=110


About SADIF-Investment Analytics SA
SADIF-Investment Analytics SA is an independent investment research company covering
sixteen different markets and over 12,000 companies. Our StockMarks(tm) system is based
on proven investment principles and is designed to drive long-term shareholder
returns.

Web Site: http://www.sadifanalytics.com

Contact Details: Company: SADIF-Investment Analytics SA
Address: AIBAP,
Rua do Matadouro,
3070-436 Mira, Portugal
Phone Number: (+351) 231849038
Website: www.sadifanalytics.com
Email: press@sadifanalytics.com

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •