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OldAIMGuy

09/05/18 9:37 AM

#19 RE: Derek ops #18

Hi D, Re: KHC Fundamentals...............

Reasonable P/E of 6.5, Healthy Dividend of 4.4%, Price/Book of 1.1, Price/Sales of 2.6. Compared to many high fliers and even other consumer product stocks it's a relative fundamental bargain. Looking at Hormel Foods as a comparison it has a P/E of 22, dividend of 1.8%, Price/Book of 3.9 and Price/Sales of 2.2.

I bought my starting position at $56.88 in April and have collected two dividends since then. I'll add more shares at ~$51.