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6.73 (1y: -36%)
Market Cap 796.6 M P/E(ttm) 5.50
Enterprise Value 1.76 B P/B 1.20
ACCO- NYSE (USA)
ACCO Brands Corp
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$6.73
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry		 vs
history
Cash to Debt 0.047
ACCO's Cash to Debt is ranked lower than
68% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 1.22 vs. ACCO: 0.047 )
ACCO' s 10-Year Cash to Debt Range
Min: 0.02   Max: 0.18
Current: 0.05
0.02
0.18
Equity to Asset 0.255
ACCO's Equity to Asset is ranked lower than
66% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 0.52 vs. ACCO: 0.255 )
ACCO' s 10-Year Equity to Asset Range
Min: -0.11   Max: 0.26
Current: 0.26
-0.11
0.26
Interest Coverage 1.6
ACCO's Interest Coverage is ranked lower than
52% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 9.50 vs. ACCO: 1.6 )
ACCO' s 10-Year Interest Coverage Range
Min: 1   Max: 4
Current: 1.6
1
4
F-Score: 5
Z-Score: 0.38
M-Score: -2.15
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 7.90
ACCO's Operating margin (%) is ranked higher than
73% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 5.60 vs. ACCO: 7.90 )
ACCO' s 10-Year Operating margin (%) Range
Min: -13.1   Max: 8.7
Current: 7.9
-13.1
8.7
Net-margin (%) 6.6
ACCO's Net-margin (%) is ranked higher than
75% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 3.50 vs. ACCO: 6.6 )
ACCO' s 10-Year Net-margin (%) Range
Min: -21.5   Max: 6.6
Current: 6.6
-21.5
6.6
ROE (%) 18.1
ACCO's ROE (%) is ranked higher than
93% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 5.50 vs. ACCO: 18.1 )
ACCO' s 10-Year ROE (%) Range
Min: -189.9   Max: 19
Current: 18.1
-189.9
19
ROA (%) 4.6
ACCO's ROA (%) is ranked higher than
72% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 3.00 vs. ACCO: 4.6 )
ACCO' s 10-Year ROA (%) Range
Min: -26.5   Max: 5.1
Current: 4.6
-26.5
5.1
ROC (Joel Greenblatt) (%) 20.80
ACCO's ROC (Joel Greenblatt) (%) is ranked higher than
80% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 10.80 vs. ACCO: 20.80 )
ACCO' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -46.6   Max: 33.6
Current: 20.8
-46.6
33.6
Revenue Growth (%) -5.9
ACCO's Revenue Growth (%) is ranked lower than
70% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 0.00 vs. ACCO: -5.9 )
ACCO' s 10-Year Revenue Growth (%) Range
Min: -10.3   Max: -4
Current: -5.9
-10.3
-4
EBITDA Growth (%) -2
ACCO's EBITDA Growth (%) is ranked lower than
63% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 0.00 vs. ACCO: -2 )
ACCO' s 10-Year EBITDA Growth (%) Range
Min: -15.2   Max: 25
Current: -2
-15.2
25
ยป ACCO's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

ACCO Guru Trades in Q2 2012

Tom Russo 181 sh (New)
Paul Tudor Jones 33,600 sh (New)
Joel Greenblatt 147,880 sh (New)
John Keeley 1,445,000 sh (+140.83%)
Mario Gabelli 219,161 sh (+5.02%)
Jim Simons Sold Out
Steven Cohen 38,659 sh (-2.97%)
» More
Q3 2012

ACCO Guru Trades in Q3 2012

Louis Moore Bacon 100,000 sh (New)
Paul Tudor Jones 48,400 sh (+44.05%)
Mario Gabelli 315,061 sh (+43.76%)
Tom Russo Sold Out
Joel Greenblatt Sold Out
Steven Cohen 19,757 sh (-48.89%)
John Keeley 648,930 sh (-55.09%)
» More
Q4 2012

ACCO Guru Trades in Q4 2012

Mario Gabelli 388,961 sh (+23.46%)
John Keeley Sold Out
Steven Cohen Sold Out
Louis Moore Bacon Sold Out
Paul Tudor Jones Sold Out
» More
Q1 2013

ACCO Guru Trades in Q1 2013

Paul Tudor Jones 19,900 sh (New)
John Keeley 1,013,000 sh (New)
Mario Gabelli 624,894 sh (+60.66%)
» More
» Details

Insider Trades

Latest Guru Trades with ACCO

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Keeley 2013-03-31 New Buy0.13%$6.68 - $8.97 $ 6.73-15%1013000
Mario Gabelli 2013-03-31 Add 60.66%0.01%$6.68 - $8.97 $ 6.73-15%624894
John Keeley 2012-12-31 Sold Out 0.09%$6.02 - $7.7 $ 6.73-1%0
Mario Gabelli 2012-12-31 Add 23.46%$6.02 - $7.7 $ 6.73-1%388961
John Keeley 2012-09-30 Reduce -55.09%0.19%$6.21 - $10.88 $ 6.73-16%648930
Joel Greenblatt 2012-09-30 Sold Out 0.11%$6.21 - $10.88 $ 6.73-16%0
Mario Gabelli 2012-09-30 Add 43.76%$6.21 - $10.88 $ 6.73-16%315061
John Keeley 2012-06-30 Add 140.83%0.2%$8.73 - $12.84 $ 6.73-36%1445000
Joel Greenblatt 2012-06-30 New Buy0.11%$8.73 - $12.84 $ 6.73-36%147880
John Keeley 2012-03-31 New Buy0.15%$9.33 - $13.01 $ 6.73-35%600000
George Soros 2011-12-31 Sold Out 0.0016%$4.46 - $9.97 $ 6.73-12%0
George Soros 2011-09-30 Add 40.86%$4.81 - $8.57 $ 6.730%19600
George Soros 2011-06-30 New Buy$7.08 - $10.32 $ 6.73-23%13915
Mario Gabelli 2011-03-31 Reduce -32.37%$7.85 - $9.47 $ 6.73-23%172378
Premium More recent guru trades are included for Premium Members only!!
ยป Financial Charts

Peter Lynch Chart

Top Ranked Articles about ACCO Brands Corp

Weekly CFO Buys Highlight
June 17, 2013
GuruFocus Insider Data, these are the largest CFO buys during the past week. The overall trend of CFOs is illustrated in the chart below: Read more...
Weekly CFO Buys Highlight
June 11, 2013
[size=13px; line-height: 1.22]According to [/size]GuruFocus Insider Data [size=13px; line-height: 1.22], these are the largest CFO buys during the past week. The overall trend of CFOs is illustrated in the chart below: Read more...
Chairman and CEO of ACCO Brands Corporation Robert J. Keller Buys 22,320 Shares
August 17, 2012
Chairman and CEO of ACCO Brands Corporation (ACCO) Robert J. Keller bought 22,320 shares on 08/15/2012 at an average price of $6.54. The total transaction amount is $145,973. ACCO Brands Corporation is a world leader in branded office products. ACCO Brands Corporation has a market cap of $826.3 million; its shares were traded at around $7.2 with a P/E ratio of 9.9 and P/S ratio of 0.6. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 5.50
ACCO's P/E(ttm) is ranked higher than
96% of the 1432 Companies
in the Global Business Equipment industry.

( Industry Median: 18.50 vs. ACCO: 5.50 )
ACCO' s 10-Year P/E(ttm) Range
Min: 4.67   Max: 214.33
Current: 5.5
4.67
214.33
P/B 1.20
ACCO's P/B is ranked higher than
61% of the 1684 Companies
in the Global Business Equipment industry.

( Industry Median: 1.30 vs. ACCO: 1.20 )
ACCO' s 10-Year P/B Range
Min: 0.14   Max: 3.89
Current: 1.2
0.14
3.89
P/S 0.41
ACCO's P/S is ranked higher than
80% of the 1742 Companies
in the Global Business Equipment industry.

( Industry Median: 0.85 vs. ACCO: 0.41 )
ACCO' s 10-Year P/S Range
Min: 0.03   Max: 0.75
Current: 0.41
0.03
0.75
PFCF 12.20
ACCO's PFCF is ranked higher than
71% of the 1191 Companies
in the Global Business Equipment industry.

( Industry Median: 17.44 vs. ACCO: 12.20 )
ACCO' s 10-Year PFCF Range
Min: 2.38   Max: 165
Current: 12.2
2.38
165
EV-to-EBIT 13.9
ACCO's EV-to-EBIT is ranked higher than
58% of the 1407 Companies
in the Global Business Equipment industry.

( Industry Median: 12.87 vs. ACCO: 13.9 )
ACCO' s 10-Year EV-to-EBIT Range
Min: 7.7   Max: 133
Current: 13.9
7.7
133
Shiller P/E 110
ACCO's Shiller P/E is ranked lower than
100% of the Companies
in the Global Business Equipment industry.

( Industry Median: vs. ACCO: 110 )
ACCO' s 10-Year Shiller P/E Range
Min: 23   Max: 2548
Current: 110
23
2548

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 1.6
ACCO's Price/Net Current Asset Value is ranked higher than
87% of the 1512 Companies
in the Global Business Equipment industry.

( Industry Median: 4.70 vs. ACCO: 1.6 )
ACCO' s 10-Year Price/Net Current Asset Value Range
Min: 0.6   Max: 3.3
Current: 1.6
0.6
3.3
Price/DCF (Projected) 0.9
ACCO's Price/DCF (Projected) is ranked higher than
61% of the 544 Companies
in the Global Business Equipment industry.

( Industry Median: 1.20 vs. ACCO: 0.9 )
ACCO' s 10-Year Price/DCF (Projected) Range
Min: 0.6   Max: 2.2
Current: 0.9
0.6
2.2
Price/Median PS Value 1
ACCO's Price/Median PS Value is ranked higher than
54% of the 1599 Companies
in the Global Business Equipment industry.

( Industry Median: 1.00 vs. ACCO: 1 )
ACCO' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 1.9
Current: 1
0.3
1.9
Earnings Yield (Greenblatt) 7.20
ACCO's Earnings Yield (Greenblatt) is ranked higher than
68% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 5.90 vs. ACCO: 7.20 )
ACCO' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.8   Max: 12.9
Current: 7.2
0.8
12.9
Forward Rate of Return (Yacktman) 3.09
ACCO's Forward Rate of Return (Yacktman) is ranked higher than
88% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 0.00 vs. ACCO: 3.09 )
ACCO' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -12.6   Max: 15.3
Current: 3.09
-12.6
15.3

Business Description

ACCO Brands Corporation was formerly known as ACCO World Corporation. It was incorporated in Delaware. On August 16, 2005, Fortune Brands, Inc., then the majority stockholder of ACCO World, completed its spin-off of the Company by means of the pro rata distribution of all outstanding shares of ACCO Brands held by Fortune Brands to its stockholders. Following the Distribution, ACCO Brands became an independent, separately traded, publicly-held company. The Company designs, develops, manufactures and markets a number of traditional and computer-related office products, supplies, binding and laminating equipment and consumable supplies, personal computer accessory products, paper-based time management products, presentation aids and label products. In addition, it also markets specialized laminating films for wide-format digital print lamination. The Company conducts its business in three operating segments: ACCO Brands Americas, ACCO Brands International, and Computer Products Group. ACCO Brands Americas and ACCO Brands International segments manufacture, source and sell traditional office products and supplies and document finishing solutions. ACCO Brands Americas comprises the North, Central and South American markets and ACCO Brands International comprises the rest of the world, mainly Europe, Australia, Middle East and Asia-Pacific. The Computer Products Group designs, distributes, markets and sells accessories for laptop and desktop computers and Apple(r) iPod(r) products. These accessories mainly include security locks, power adapters, input devices such as mice and keyboards, computer carrying cases, hubs and docking stations and technology accessories for iPods(r). The Computer Products Group sells mostly under the Kensington brand name, with the majority of its revenue coming from the U.S. and Western Europe. The Company's subsidiaries operate mainly in the United States, the United Kingdom, Australia and Canada. The Company's main registered trademarks are: Swingline(r), GBC(r), Quartet(r), Day-Timer(r), Kensington(r), Rexel, Wilson Jones(r), Marbig, NOBO, Apollo(r), and Microsaver(r). Its customers include commercial contract stationers, retail superstores, wholesalers, distributors, mail order and internet catalogs, mass merchandisers, club stores and dealers. It also supplies its products to commercial and industrial end-users and to the educational market. The materials used in the manufacturing of many of its products are plastics, resin, polyester and polypropylene substrates, paper, steel, wood, aluminum, melamine and cork. These materials are available from a number of suppliers. Competitors of the ACCO Brands Americas and ACCO Brands International segments include Avery Dennison, Esselte, 3M, Newell, Hamelin, Smead, Fellowes, Mead, Franklin Covey and Spiral Binding. Competitors of the Computer Products Group include Belkin, Logitech, Targus and Fellowes. The Company is subject to federal, state and local laws and
Company Website
SEC Reports
Industry: Business Equipment
Compare:CAJ, XRX, RICOY, KNCAY, BRTHY
Traded in other countries:A3B.Germany
ยป More Articles for ACCO

Headlines

Articles On GuruFocus.com
Weekly CFO Buys Highlight Jun 17 2013 
Weekly CFO Buys Highlight Jun 11 2013 
comment on ACCO Mar 02 2013 
Weekly CFO Buys Highlight: CMLS, UAL, HILL, ACCO, MFNC Aug 20 2012 
Chairman and CEO of ACCO Brands Corporation Robert J. Keller Buys 22,320 Shares Aug 17 2012 
Weekly CFO Buys Highlight: BWEN, EMC, INO, DCTH, ACCO Jun 11 2012 

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