Energy-Small Companies Index

Monday, September 18, 2017: The share price index of the Energy-Small Companies Index has declined by 43% relative to the Otos Total Market index since the April, 2016 high. Current relative price to sales is near the lowest level in the record of the Index.

Last week the share price index of the Energy-Small Companies Index advanced by 3.4% compared to a 4.1% advance for the Otos Total Market Index. Gaining stocks in the Energy-Small Companies Index numbered 21 or 77.8% of the Index total compared to a 36.0% gaining stocks frequency across the 3979 stocks in the Otos U.S. stocks universe.

There are no stocks in this Index with unusually depressed share prices. There are no current buy decisions in that group. Last week there were no depressed-share-price buy ideas in this Index.

We have collected second quarter sales data for all of the comparable record companies in the Energy-Small Companies Index.The Index capital weighted average sales growth rate is -5.9%. The proportion of Index market capital accounted for by rising sales growth companies is up to 75.0%, compared to 67.1% last quarter.

Currently, sales growth is low in the record of the Energy-Small Companies Index but higher than last quarter.

The proportion of total market capital accounted for by rising gross profit margin companies is up to 70.0% compared to 64.9% last quarter.

The Index is recording a low and rising gross margin. Inventories are down, improving the chance of a further increase in the gross margin. SG&A expenses are high in the record of the Index, but rising. That implies that the Index may be capable of accelerating EBITDA relative to sales with lower costs, but has yet to achieve a cost reduction. The gross margin is rising at a faster rate than SG&A expenses, producing a rising EBITDA margin. Interest costs are high in the record of the Index and rising. Higher interest costs not only slow cash flow growth, but are often associated with lower valuation.

Energy-Small Companies SharpPlot version is 2.43 Paint the paper ===== Border ===== Region ===== X-Axis Ticks ===== X-Axis tickmarks Y-Axis Ticks ===== Y-Axis tickmarks Axes ===== Y-axis labels 1 1.5 2 3 4 5 6 8 10 for X-axis labels 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Heading, subheading and footnotes ===== Heading Energy-Small Companies Subheading Gross Profit Margin vs Stock Price Index Footnotes Comment Start of Line Chart =========== Points follow ... Line Y-Axis Ticks ===== Y-Axis tickmarks Axes ===== Y-axis labels 10 15 20 25 30 35 40 45 50 55 60 65 70 Start of Line Chart =========== Points follow ... Line bump key Key ===== Key - Line Key - Line Price Index Gross Profit Margin