The Company’s tripling of net income in 2007 over 2006 has caught the attention of investors. Business growth has been both inorganic and through the existing divisions. There are additional signs of management effectiveness. The Quick Ratio during the Most Recent Quarter has been 0.87 against the 1.48 achieved by the Retail (Catalog & Mail Order) Industry. Similarly, the company has achieved a Current Ratio of 1.19, while similar companies have been over 2 in this respect.
Interest Coverage during the last four quarters has been over 6, while the industry averages less than 5. Investors will be especially pleased to know that the Price to Equity Ratio on a Trailing Twelve Months basis is 8.54 against nearly 23 in the Services Sector. The company has a five-year average Return on Equity of 6.17 against 0.91 for the Retail (Catalog & Mail Order) Industry.
The company provides a single-window service for electronic data communication and information systems. It stocks hardware, programs, peripherals, and related electronic products. The company has its own retail outlets and a sales force. However, it supplements traditional marketing with Internet, telephone calls, and direct response catalogs. It covers individual consumers, educational institutions and government bodies, as well as commercial corporations.
The multiple approaches to various categories of customers appears to have been honed to a competitive strength. The company web site shows excellent facilities for loyal customers, a wide range of products, and responsive service. The company has balanced traditional marketing approaches with a strong e-commerce platform for the future.
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