Intrinsic value of Party City Holdco - PRTY

Previous Close

$15.50

  Intrinsic Value

$18.38

stock screener

  Rating & Target

hold

+19%

Previous close

$15.50

 
Intrinsic value

$18.38

 
Up/down potential

+19%

 
Rating

hold

We calculate the intrinsic value of PRTY stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Shares outstanding, mln

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  -0.52
  2.00
  2.30
  2.57
  2.81
  3.03
  3.23
  3.41
  3.57
  3.71
  3.84
  3.95
  4.06
  4.15
  4.24
  4.31
  4.38
  4.44
  4.50
  4.55
  4.59
  4.64
  4.67
  4.70
  4.73
  4.76
  4.78
  4.81
  4.83
  4.84
  4.86
Revenue, $m
  2,283
  2,329
  2,382
  2,443
  2,512
  2,588
  2,672
  2,763
  2,861
  2,968
  3,081
  3,203
  3,333
  3,472
  3,619
  3,775
  3,940
  4,115
  4,301
  4,496
  4,703
  4,921
  5,151
  5,393
  5,648
  5,917
  6,200
  6,498
  6,812
  7,142
  7,489
Variable operating expenses, $m
 
  2,048
  2,092
  2,142
  2,197
  2,259
  2,327
  2,401
  2,481
  2,567
  2,660
  2,601
  2,707
  2,819
  2,939
  3,066
  3,200
  3,342
  3,493
  3,651
  3,819
  3,996
  4,183
  4,380
  4,587
  4,805
  5,035
  5,277
  5,532
  5,800
  6,082
Fixed operating expenses, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  2,009
  2,048
  2,092
  2,142
  2,197
  2,259
  2,327
  2,401
  2,481
  2,567
  2,660
  2,601
  2,707
  2,819
  2,939
  3,066
  3,200
  3,342
  3,493
  3,651
  3,819
  3,996
  4,183
  4,380
  4,587
  4,805
  5,035
  5,277
  5,532
  5,800
  6,082
Operating income, $m
  274
  280
  290
  302
  315
  329
  345
  362
  380
  400
  422
  602
  626
  652
  680
  709
  740
  773
  808
  845
  884
  925
  968
  1,013
  1,061
  1,112
  1,165
  1,221
  1,280
  1,342
  1,407
EBITDA, $m
  358
  470
  480
  493
  507
  522
  539
  557
  577
  598
  621
  646
  672
  700
  730
  761
  794
  830
  867
  907
  948
  992
  1,039
  1,087
  1,139
  1,193
  1,250
  1,310
  1,373
  1,440
  1,510
Interest expense (income), $m
  86
  80
  83
  85
  89
  92
  96
  100
  105
  110
  115
  121
  127
  134
  141
  148
  156
  164
  173
  183
  193
  203
  214
  226
  238
  251
  265
  279
  294
  310
  327
Earnings before tax, $m
  187
  200
  208
  216
  226
  237
  249
  262
  276
  291
  307
  481
  499
  519
  539
  561
  584
  609
  635
  662
  691
  722
  754
  788
  823
  861
  901
  942
  986
  1,032
  1,081
Tax expense, $m
  70
  54
  56
  58
  61
  64
  67
  71
  74
  78
  83
  130
  135
  140
  146
  152
  158
  164
  171
  179
  187
  195
  204
  213
  222
  232
  243
  254
  266
  279
  292
Net income, $m
  117
  146
  152
  158
  165
  173
  182
  191
  201
  212
  224
  351
  364
  379
  394
  410
  427
  444
  463
  483
  505
  527
  550
  575
  601
  628
  657
  688
  720
  753
  789

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  65
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  3,394
  3,395
  3,473
  3,562
  3,662
  3,773
  3,895
  4,028
  4,171
  4,326
  4,492
  4,669
  4,859
  5,061
  5,275
  5,503
  5,744
  5,999
  6,269
  6,554
  6,855
  7,173
  7,508
  7,862
  8,234
  8,626
  9,038
  9,473
  9,930
  10,411
  10,917
Adjusted assets (=assets-cash), $m
  3,329
  3,395
  3,473
  3,562
  3,662
  3,773
  3,895
  4,028
  4,171
  4,326
  4,492
  4,669
  4,859
  5,061
  5,275
  5,503
  5,744
  5,999
  6,269
  6,554
  6,855
  7,173
  7,508
  7,862
  8,234
  8,626
  9,038
  9,473
  9,930
  10,411
  10,917
Revenue / Adjusted assets
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
  0.686
Average production assets, $m
  934
  952
  974
  999
  1,027
  1,059
  1,093
  1,130
  1,170
  1,214
  1,260
  1,310
  1,363
  1,420
  1,480
  1,544
  1,612
  1,683
  1,759
  1,839
  1,923
  2,013
  2,107
  2,206
  2,310
  2,420
  2,536
  2,658
  2,786
  2,921
  3,063
Working capital, $m
  388
  466
  476
  489
  502
  518
  534
  553
  572
  594
  616
  641
  667
  694
  724
  755
  788
  823
  860
  899
  941
  984
  1,030
  1,079
  1,130
  1,183
  1,240
  1,300
  1,362
  1,428
  1,498
Total debt, $m
  1,673
  1,655
  1,709
  1,771
  1,841
  1,918
  2,003
  2,095
  2,195
  2,302
  2,418
  2,541
  2,673
  2,813
  2,962
  3,120
  3,288
  3,465
  3,653
  3,851
  4,061
  4,281
  4,514
  4,760
  5,018
  5,291
  5,578
  5,880
  6,197
  6,532
  6,883
Total liabilities, $m
  2,377
  2,359
  2,413
  2,475
  2,545
  2,622
  2,707
  2,799
  2,899
  3,006
  3,122
  3,245
  3,377
  3,517
  3,666
  3,824
  3,992
  4,169
  4,357
  4,555
  4,765
  4,985
  5,218
  5,464
  5,722
  5,995
  6,282
  6,584
  6,901
  7,236
  7,587
Total equity, $m
  1,017
  1,035
  1,059
  1,086
  1,117
  1,151
  1,188
  1,228
  1,272
  1,319
  1,370
  1,424
  1,482
  1,544
  1,609
  1,678
  1,752
  1,830
  1,912
  1,999
  2,091
  2,188
  2,290
  2,398
  2,511
  2,631
  2,757
  2,889
  3,029
  3,175
  3,330
Total liabilities and equity, $m
  3,394
  3,394
  3,472
  3,561
  3,662
  3,773
  3,895
  4,027
  4,171
  4,325
  4,492
  4,669
  4,859
  5,061
  5,275
  5,502
  5,744
  5,999
  6,269
  6,554
  6,856
  7,173
  7,508
  7,862
  8,233
  8,626
  9,039
  9,473
  9,930
  10,411
  10,917
Debt-to-equity ratio
  1.645
  1.600
  1.610
  1.630
  1.650
  1.670
  1.690
  1.710
  1.730
  1.750
  1.760
  1.780
  1.800
  1.820
  1.840
  1.860
  1.880
  1.890
  1.910
  1.930
  1.940
  1.960
  1.970
  1.990
  2.000
  2.010
  2.020
  2.040
  2.050
  2.060
  2.070
Adjusted equity ratio
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305
  0.305

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  117
  146
  152
  158
  165
  173
  182
  191
  201
  212
  224
  351
  364
  379
  394
  410
  427
  444
  463
  483
  505
  527
  550
  575
  601
  628
  657
  688
  720
  753
  789
Depreciation, amort., depletion, $m
  84
  189
  190
  191
  192
  193
  194
  195
  197
  198
  200
  44
  46
  48
  50
  52
  54
  56
  59
  62
  65
  68
  71
  74
  78
  81
  85
  89
  93
  98
  103
Funds from operations, $m
  282
  335
  342
  349
  357
  366
  376
  386
  398
  410
  423
  395
  410
  426
  443
  461
  481
  501
  522
  545
  569
  594
  621
  649
  679
  710
  742
  777
  813
  851
  892
Change in working capital, $m
  24
  9
  11
  12
  14
  15
  17
  18
  20
  21
  23
  24
  26
  28
  29
  31
  33
  35
  37
  39
  41
  44
  46
  48
  51
  54
  57
  60
  63
  66
  69
Cash from operations, $m
  258
  326
  331
  337
  343
  351
  359
  368
  378
  389
  401
  371
  384
  399
  414
  430
  448
  466
  485
  506
  528
  551
  575
  601
  627
  656
  686
  717
  751
  785
  822
Maintenance CAPEX, $m
  0
  -31
  -32
  -33
  -34
  -34
  -36
  -37
  -38
  -39
  -41
  -42
  -44
  -46
  -48
  -50
  -52
  -54
  -56
  -59
  -62
  -65
  -68
  -71
  -74
  -78
  -81
  -85
  -89
  -93
  -98
New CAPEX, $m
  -82
  -19
  -22
  -25
  -28
  -31
  -34
  -37
  -40
  -43
  -47
  -50
  -53
  -57
  -60
  -64
  -68
  -72
  -76
  -80
  -84
  -89
  -94
  -99
  -104
  -110
  -116
  -122
  -128
  -135
  -142
Cash from investing activities, $m
  -114
  -50
  -54
  -58
  -62
  -65
  -70
  -74
  -78
  -82
  -88
  -92
  -97
  -103
  -108
  -114
  -120
  -126
  -132
  -139
  -146
  -154
  -162
  -170
  -178
  -188
  -197
  -207
  -217
  -228
  -240
Free cash flow, $m
  144
  276
  277
  279
  281
  285
  289
  294
  300
  306
  313
  279
  287
  296
  306
  317
  328
  340
  353
  367
  382
  397
  413
  431
  449
  468
  489
  510
  533
  557
  582
Issuance/(repayment) of debt, $m
  -122
  47
  54
  62
  70
  77
  85
  92
  100
  108
  115
  123
  132
  140
  149
  158
  168
  177
  188
  198
  209
  221
  233
  245
  259
  272
  287
  302
  318
  334
  352
Issuance/(repurchase) of shares, $m
  1
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -120
  47
  54
  62
  70
  77
  85
  92
  100
  108
  115
  123
  132
  140
  149
  158
  168
  177
  188
  198
  209
  221
  233
  245
  259
  272
  287
  302
  318
  334
  352
Total cash flow (excl. dividends), $m
  22
  323
  331
  341
  351
  362
  374
  386
  400
  414
  429
  402
  419
  436
  455
  475
  496
  518
  541
  565
  591
  618
  646
  676
  708
  741
  776
  812
  851
  891
  934
Retained Cash Flow (-), $m
  -104
  -18
  -24
  -27
  -31
  -34
  -37
  -40
  -44
  -47
  -51
  -54
  -58
  -62
  -65
  -69
  -74
  -78
  -82
  -87
  -92
  -97
  -102
  -108
  -114
  -120
  -126
  -132
  -139
  -147
  -154
Prev. year cash balance distribution, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  305
  307
  314
  321
  328
  337
  346
  356
  367
  378
  348
  361
  375
  390
  405
  422
  440
  458
  478
  499
  521
  544
  568
  594
  621
  650
  680
  711
  745
  780
Discount rate, %
 
  9.40
  9.87
  10.36
  10.88
  11.43
  12.00
  12.60
  13.23
  13.89
  14.58
  15.31
  16.08
  16.88
  17.73
  18.61
  19.54
  20.52
  21.54
  22.62
  23.75
  24.94
  26.19
  27.50
  28.87
  30.32
  31.83
  33.42
  35.09
  36.85
  38.69
PV of cash for distribution, $m
 
  278
  255
  233
  212
  191
  171
  151
  132
  114
  97
  73
  60
  49
  40
  31
  24
  18
  14
  10
  7
  5
  3
  2
  1
  1
  0
  0
  0
  0
  0
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Party City Holdco Inc. is a holding company with no operating assets or operations. As of December 31, 2016, the Company owned PC Nextco Holdings, LLC (PC Nextco), which owned PC Intermediate Holdings, Inc. (PC Intermediate). As of December 31, 2016, PC Intermediate owned Party City Holdings Inc. (PCHI). PCHI or its direct or indirect subsidiaries conduct all of its operating businesses. The Company operates through two segments: Retail and Wholesale. Its retail operations generate revenue primarily through the sale of its Amscan, Designware, Anagram and Costumes USA party supplies through its Party City stores, Halloween City stores and PartyCity.com. Its wholesale revenues are generated from the sale of party goods for all occasions, including paper and plastic tableware, accessories and novelties, costumes, metallic and latex balloons and stationery.

FINANCIAL RATIOS  of  Party City Holdco (PRTY)

Valuation Ratios
P/E Ratio 15.8
Price to Sales 0.8
Price to Book 1.8
Price to Tangible Book
Price to Cash Flow 7.2
Price to Free Cash Flow 10.5
Growth Rates
Sales Growth Rate -0.5%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 3.8%
Cap. Spend. - 3 Yr. Gr. Rate 6.1%
Financial Strength
Quick Ratio 0
Current Ratio 0
LT Debt to Equity 151.4%
Total Debt to Equity 164.5%
Interest Coverage 3
Management Effectiveness
Return On Assets 5.1%
Ret/ On Assets - 3 Yr. Avg. 4.2%
Return On Total Capital 4.3%
Ret/ On T. Cap. - 3 Yr. Avg. 2.3%
Return On Equity 12.1%
Return On Equity - 3 Yr. Avg. 8.2%
Asset Turnover 0.7
Profitability Ratios
Gross Margin 19.7%
Gross Margin - 3 Yr. Avg. 19%
EBITDA Margin 15.6%
EBITDA Margin - 3 Yr. Avg. 13.3%
Operating Margin 12%
Oper. Margin - 3 Yr. Avg. 11.6%
Pre-Tax Margin 8.2%
Pre-Tax Margin - 3 Yr. Avg. 4.2%
Net Profit Margin 5.1%
Net Profit Margin - 3 Yr. Avg. 2.7%
Effective Tax Rate 37.4%
Eff/ Tax Rate - 3 Yr. Avg. 37.6%
Payout Ratio 0%

PRTY stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the PRTY stock intrinsic value calculation we used $2283 million for the last fiscal year's total revenue generated by Party City Holdco. The default revenue input number comes from 2016 income statement of Party City Holdco. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our PRTY stock valuation model: a) initial revenue growth rate of 2% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 9.4%, whose default value for PRTY is calculated based on our internal credit rating of Party City Holdco, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Party City Holdco.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of PRTY stock the variable cost ratio is equal to 88.1%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for PRTY stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5% for Party City Holdco.

Corporate tax rate of 27% is the nominal tax rate for Party City Holdco. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the PRTY stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for PRTY are equal to 40.9%.

Life of production assets of 29.8 years is the average useful life of capital assets used in Party City Holdco operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for PRTY is equal to 20%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $1017 million for Party City Holdco - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 118.28 million for Party City Holdco is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Party City Holdco at the current share price and the inputted number of shares is $1.8 billion.

RELATED COMPANIES Price Int.Val. Rating
MIK Michaels Cos. 24.43 3.28  str.sell
FLWS 1-800-FLOWERS. 11.30 10.24  hold
LTRPA Liberty TripAd 9.70 11.75  buy
DIS Walt Disney 111.97 106.44  hold
MAT Mattel 15.16 17.62  hold

COMPANY NEWS

▶ Nike and Overstock.com skid while Ignyta and Party City jump   [Dec-22-17 05:05PM  Associated Press]
▶ Stocks to Watch: Qualcomm, Party City, Nike   [09:30AM  The Wall Street Journal]
▶ Party City Acquires Party Galaxy   [07:00AM  Business Wire]
▶ Best Cheap Stocks To Buy   [Dec-12-17 08:02AM  Simply Wall St.]
▶ Party City Slides on Surprise Secondary Offering   [Dec-11-17 10:40AM  Investopedia]
▶ Why Party City Holdco Inc Stock Slipped Today   [Dec-08-17 05:03PM  Motley Fool]
▶ Company News For Nov 13, 2017   [Nov-13-17 10:23AM  Zacks]
▶ Why Party City Shareholders Are Celebrating   [Nov-09-17 04:18PM  Motley Fool]
▶ Party City meets 3Q profit forecasts   [07:17AM  Associated Press]
▶ Just In Time for Halloween, Party City Wins an Upgrade   [Oct-24-17 02:00PM  Motley Fool]
▶ Party City Staffs Up for Halloween   [08:25AM  Business Wire]
▶ Best Low-P/E Stocks to Buy in September   [Sep-20-17 12:48PM  Motley Fool]
▶ Top Ranked Growth Stocks to Buy for August 16th   [Aug-16-17 10:23AM  Zacks]
▶ Top Ranked Value Stocks to Buy for August 11th   [Aug-11-17 08:28AM  Zacks]
▶ Party City tops 2Q profit forecasts   [Aug-02-17 11:06PM  Associated Press]
▶ Party City Acquires Print Appeal   [08:30AM  PR Newswire]
▶ Party City Builds Out Digital Initiatives   [Jul-17-17 08:30AM  PR Newswire]
▶ The 3 Best Specialty Retail Stocks to Buy in 2017   [Jun-03-17 01:00PM  Motley Fool]
▶ [$$] Who's Afraid of Amazon? 9 Surprising Winners   [May-21-17 12:01AM  Barrons.com]
▶ Best Low P/E Stocks to Buy in May   [May-18-17 08:57AM  Motley Fool]
▶ Party City reports 1Q loss   [08:07AM  Associated Press]
▶ Cinco de Mayo Sales up at Party City   [May-03-17 10:30AM  Business Wire]
▶ Private equity firms circle Party City, stirring up talks of a sale   [Apr-30-17 03:10PM  American City Business Journals]
▶ Why Party City HoldCo Inc Stock Spiked Today   [Apr-27-17 06:37PM  Motley Fool]
Financial statements of PRTY
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.