The GuruFocus Global Market Valuation page is an excellent resource for investors to see the implied future returns of some of the world’s largest stock markets.
Earlier this month, Singapore reported the highest among the listed developed markets in projected annual returns. But recently, Spain has topped the country by just a few miniscule points, with 14.7 percent projected annual return, compared to Singapore’s 14.4 percent.
Last year, Spain’s economic crisis weighed down its market for the majority of the year, dropping stock prices and affecting businesses.
Perhaps this recent rise in projected annual return could be a sign that Spain’s economic recovery is starting to show face.
The figures used are explained in Spain’s Market Valuations page.
Updated daily, the Global Market Valuation page will of course fluctuate throughout the months. As we inch closer to releasing more of our global markets coverage, members will finally be able to see stocks traded in international markets, including Spain, which is scheduled to be released along with the rest of the Europeans markets, on March 2013. View the rest of the release dates in GuruFocus Global Announcement.
Meanwhile, below are three US-traded stocks from Spain that the most Gurus have traded recently.
Telefonica SA (TEF, Financial)
Telefonica is a large telecommunications company that focuses on the key areas of mobile broadband and telephone lines. It has presence in 26 countries and has a customer base of more than 312 million.
There are currently eight Gurus who hold the stock. Jeff Auxier added onto his stake by 29.01 percent in the third quarter of last year, as he did in the second and the first quarters of 2012. Jim Simons and Steven Cohen reduced their stakes in the third quarter.
Brian Rogers, who bought the stock in 2011, owns the most shares out of Telefonica out of all the investors GuruFocus follows, with a total holding of 5.1 million shares. Charles Brandes owns almost 3 million shares and Jim Simons owns 1.4 million shares.
Telefonica’s price is $14.57, up 1.46 percent this afternoon. It has a dividend yield of 10.6 percent. Its 10-Year EBITDA growth rate is 22.3 percent, with an operating margin percentage of 17.2.
Annually, Telefonica’s revenue has expanded at a rate of 11.25 percent, and has shown a positive book value trend line for the past five years.
View Telefonica’s 10-Year Financials.
Banco Santander SA (SAN, Financial)
Santander Bank (in English) is the largest bank in the euro zone, managing about 1.4 billion euros over 102 million customers. It has over 15,000 offices in Spain, the UK, Brazil, Portugal, Germany, Poland and the US.
There are currently three Gurus who hold the stock: Ken Fisher, David Dreman and Jim Simons.
Steven Cohen and Murray Stahl both sold out of the stock in the third quarter of 2012, while Jim Simons reduced. Manning & Napier Advisors also sold out of the stock earlier that year, while Ken Fisher reduced his stake after purchasing the stock in the first quarter.
Santander has a 10-year revenue growth rate of 2.6 percent, and a 10-year EBITDA growth rate of 11.9 percent. Its Warning Signs on GuruFocus indicate that its interest coverage is low and it suffers from a declining operating margin.
Santander trades at $8.58, up 1.12 percent this afternoon.
View Santander’s 10-Year Financials.
Banco Bilbao Vizcaya Argentaria SA
With a market cap of $55.87 billion, BBVA is financial services company engaged in retail banking, global wholesale banking, asset management and private banking.
There are three Gurus that hold the stock: David Dreman, Jim Simons and Steven Romick.
Simons and Dreman added onto their stakes in BBVA in the third and second quarters of 2012, respectively. Romick reduced last year as well, while Manning & Napier Advisors and Steven Cohen sold out of the stock.
Trading at $10.38, up 0.68 percent this afternoon, BBVA has a 10-year revenue growth of 6.5 percent and a 10-year EBITDA growth of 16.9 percent. It has one-star in business predictability, 4 in financial strength and 6 in profitability and growth.
View BBVA’s 10-Year Financials.
To read more on how we derive our market valuations, visit Where Are We with Market Valuations?
Pre-order your GuruFocus Global Market Coverage now by visiting GuruFocus Global Premium Membership .
Premium membership is needed to access our global coverage. GuruFocus’ long list of Premium Membership perks provides many opportunities to follow your favorite Gurus and stocks more closely. If you are not a Premium Member yet, we invite you for a 7-Day Free Trial.
Earlier this month, Singapore reported the highest among the listed developed markets in projected annual returns. But recently, Spain has topped the country by just a few miniscule points, with 14.7 percent projected annual return, compared to Singapore’s 14.4 percent.
Last year, Spain’s economic crisis weighed down its market for the majority of the year, dropping stock prices and affecting businesses.
Perhaps this recent rise in projected annual return could be a sign that Spain’s economic recovery is starting to show face.
The figures used are explained in Spain’s Market Valuations page.
Updated daily, the Global Market Valuation page will of course fluctuate throughout the months. As we inch closer to releasing more of our global markets coverage, members will finally be able to see stocks traded in international markets, including Spain, which is scheduled to be released along with the rest of the Europeans markets, on March 2013. View the rest of the release dates in GuruFocus Global Announcement.
Meanwhile, below are three US-traded stocks from Spain that the most Gurus have traded recently.
Telefonica SA (TEF, Financial)
Telefonica is a large telecommunications company that focuses on the key areas of mobile broadband and telephone lines. It has presence in 26 countries and has a customer base of more than 312 million.
There are currently eight Gurus who hold the stock. Jeff Auxier added onto his stake by 29.01 percent in the third quarter of last year, as he did in the second and the first quarters of 2012. Jim Simons and Steven Cohen reduced their stakes in the third quarter.
Brian Rogers, who bought the stock in 2011, owns the most shares out of Telefonica out of all the investors GuruFocus follows, with a total holding of 5.1 million shares. Charles Brandes owns almost 3 million shares and Jim Simons owns 1.4 million shares.
Telefonica’s price is $14.57, up 1.46 percent this afternoon. It has a dividend yield of 10.6 percent. Its 10-Year EBITDA growth rate is 22.3 percent, with an operating margin percentage of 17.2.
Annually, Telefonica’s revenue has expanded at a rate of 11.25 percent, and has shown a positive book value trend line for the past five years.
View Telefonica’s 10-Year Financials.
Banco Santander SA (SAN, Financial)
Santander Bank (in English) is the largest bank in the euro zone, managing about 1.4 billion euros over 102 million customers. It has over 15,000 offices in Spain, the UK, Brazil, Portugal, Germany, Poland and the US.
There are currently three Gurus who hold the stock: Ken Fisher, David Dreman and Jim Simons.
Steven Cohen and Murray Stahl both sold out of the stock in the third quarter of 2012, while Jim Simons reduced. Manning & Napier Advisors also sold out of the stock earlier that year, while Ken Fisher reduced his stake after purchasing the stock in the first quarter.
Santander has a 10-year revenue growth rate of 2.6 percent, and a 10-year EBITDA growth rate of 11.9 percent. Its Warning Signs on GuruFocus indicate that its interest coverage is low and it suffers from a declining operating margin.
Santander trades at $8.58, up 1.12 percent this afternoon.
View Santander’s 10-Year Financials.
Banco Bilbao Vizcaya Argentaria SA
With a market cap of $55.87 billion, BBVA is financial services company engaged in retail banking, global wholesale banking, asset management and private banking.
There are three Gurus that hold the stock: David Dreman, Jim Simons and Steven Romick.
Simons and Dreman added onto their stakes in BBVA in the third and second quarters of 2012, respectively. Romick reduced last year as well, while Manning & Napier Advisors and Steven Cohen sold out of the stock.
Trading at $10.38, up 0.68 percent this afternoon, BBVA has a 10-year revenue growth of 6.5 percent and a 10-year EBITDA growth of 16.9 percent. It has one-star in business predictability, 4 in financial strength and 6 in profitability and growth.
View BBVA’s 10-Year Financials.
To read more on how we derive our market valuations, visit Where Are We with Market Valuations?
Pre-order your GuruFocus Global Market Coverage now by visiting GuruFocus Global Premium Membership .
Premium membership is needed to access our global coverage. GuruFocus’ long list of Premium Membership perks provides many opportunities to follow your favorite Gurus and stocks more closely. If you are not a Premium Member yet, we invite you for a 7-Day Free Trial.
