Summary

Other Scenarios:

Buyer: The Procter & Gamble Company (PG) Last Price: 62.15 Market Cap.: 195.71B
Target: AB Volvo (ADR) (VOLV) Last Price: 21.70 Market Cap.: 32.48B

Lines of Business Summary:

Product Summary:

Overlap & Complementary Sectors

Sector Buyer Target # of Focused Companies
*Healthcare   925
*Media   146
Manufacturing 1,189

- Focused. Denotes that the company is considered focused in this area. In general, Focused Companies draw the majority of their earnings in the sector/product area specified.

- Sector Pure-Plays. Denotes that the company is focused in the selected sector and generates nearly all earnings in the sector/product area specified.

- Sector Participation. Denotes that the company develops products in this line of business.

Sample Products in Similar Lines of Business

Sample Products in Complementary Lines of Business
Buyer (Total: 75)
  • Millstone
  • Folgers
  • Iams
  • Eukanuba
Target (Total: 7)
  • Volvo Aero
  • Volvo Construction Equipment
  • Volvo Buses
  • Mack Trucks
Buyer
  • Vicks Children's NyQuil (Chlorpheniramine Maleate/Pseudoephedrine HCl/Dextromethorphan HBr)
  • Vicks Pediatric Formula 44M Multi Symptom Cough & Cold (Chlorpheniramine Maleate/Pseudoephedrine Hydrochloride/Dextromethorphan Hydrobromide)
  • Vicks NyQuil Multi Symptom Cold/Flu Relief (Doxylamine Succinate/Pseudoephedrine Hydrochloride/Dextromethorphan Hydrobromide/Acetaminophen)
  • Vicks 44M Cough, Cold & Flu Relief (Chlorpheniramine Maleate/Dextromethorphan Hydrobromide/Pseudoephedrine Hydrochloride/Acetaminophen)
Target

n/a

Business Relationship Summary:

Top Key Suppliers

Top Key Customers
Buyer (Total: 63)
  • Nastech Pharmaceutical Co. Inc. (NSTK)
  • Alexion Pharmaceuticals, Inc. (ALXN)
  • Multi-Color Corp. (LABL)
  • Tredegar Corporation (TG)
Target (Total: 39)
  • Williams Controls, Inc. (WMCO)
  • Commercial Vehicle Group, Inc. (CVGI)
  • Cummins Inc. (CMI)
  • Accuride Corporation (ACW)
Buyer (Total: 10)
  • Wal-Mart Stores, Inc. (WMT)
  • sanofi-aventis (ADR) (SNY)
  • Sally Beauty Holdings, Inc. (SBH)
  • 99 Cents Only Stores (NDN)
Target (Total: 11)
  • General Electric Company (GE)
  • Cummins Inc. (CMI)
  • Vail Resorts, Inc. (MTN)
  • Penske Automotive Group, Inc. (PAG)

Key Financial Summary:

Key Metrics

  Buyer Target
Number of Employees 138,000 82,652
Revenue Per Employee 543,343.7 424,169.1
Total Revenue 18,694.0 8,633.6
Total Expenses 15,048.0 8,143.3
Other Revenue 0.0 0.0
Cost of Revenue 9,057.0 6,714.3
SG&A Expense 5,991.0 942.1
Research & Development 0.0 299.0
Other Operating Expense 0.0 186.0
Operating Income 3,646.0 490.3
Unusual Income 0.0 0.0
LT Debt to Capital 24.23 0
Fwd P/E 20.66 21.84
Fwd P/Rev 2.59 0.95
Book Value 65,053.0 12,701.0
Curr Portion of LTD/Cap Lease 12,168.0 0.0

Individual Company Summary

Focused

Buyer

Focused (): Manufacturing > Consumer Manufacturing > Personal Care and Cleaning Products

Target

Focused (): Manufacturing > Industrial Manufacturing > Transportation Equipment > Commercial Transportation Equipment > Heavy Duty Trucks and Trailers

Business Description

Buyer

The Procter & Gamble Company (P&G) is focused on providing branded consumer goods products. The Company is organized into three global business units: Beauty and Health; Household Care, and Gillette GBU. Its products are sold in over 180 countries around the world primarily through mass merchandisers, grocery stores, membership club stores and drug stores. The Company owns or has licenses under patents and registered trademarks, which are used in connection with its activity in all businesses. Some of these patents or licenses cover product formulation and processes used to manufacture its products. P&G created new categories with new brands, such as Febreze, Swiffer, Kandoo, Prilosec OTC and ThermaCare. In September 2006, the Company's Sure brand (an antiperspirant and deodorant brand) was acquired by Innovative Brands, LLC. In January 2007, P&G acquired HDS Cosmetics Lab Inc., which manufactures and markets Doctor's Dermatologic Formula (DDF) skin care.

Target

AB Volvo is an international transport equipment group. The Company manufactures trucks, buses, construction equipment, drive systems for marine and industrial applications, and aerospace components. Its main business areas are Volvo Trucks, Mack, Renault Trucks, Volvo Buses, Volvo Construction Equipment, Volvo Penta, Volvo Aero and Volvo Financial Services. The Company's business units provide additional manufacturing development and logistical support. The main business units are Volvo Powertrain, Volvo 3P, Volvo IT, Volvo Logistics, Volvo Parts and Volvo Technology. It also provides complete financing, leasing, insurance, action services, warranty, rentals, information technology solutions and logistical operations. AB Volvo has production sites in 18 countries and operates in more than 180 markets. It is headquartered in Goteborg, Sweden. In April 2007, the Company completed the acquisition of Ingersoll Rand's road development equipment division, other than operations in India.

Deal Summary

Key Ratios

  Buyer Target
Gross Margin % 51.89 22.25
Operating Margin % 19.99 7.85
Quick Ratio 0.36 0.68
Current Ratio 0.73 0.94
Coverage Ratio -0.09 0.01
Total Assets 135,695.0 38,832.7
Return on Equity % 15 18.48
Return on Assets % 7.35 6.04
Cash+ ST Inv. Per Share 1.25 2.05
Total Debt 33,425.0 10,735.7
Total Debt to Equity % 50.29 84.53
Total Debt to Tangible Equity % n/a 109.31
Debt to Asset % 24.63 27.65

Product Summary

Sector Buyer Target
*Healthcare  
Biopharmaceuticals  
Allergies
The Allergies Subsector includes therapeutics that treat exaggerated immune reaction induced by exposure to a foreign substance.
  
Cardiovascular System
The Cardiovascular System Subsector includes therapeutics that treat disorders affecting the heart and blood vessels.
  
Dermatology
The Dermatology Subsector includes therapeutics that treat disorders affecting the skin.
  
Digestive System
The Digestive System Subsector includes therapeutics that treat disorders affecting the digestive system.
  
Immunology
The Immunology Subsector includes therapeutics that treat disorders affecting the immune system.
  
Infectious Diseases
The Infectious Diseases Subsector includes therapeutics that treat diseases caused by the invasion and reproduction of microorganisms in the body.
  
Musculoskeletal System
The Musculoskeletal System Subsector includes therapeutics that treat disorders of the bones, joints, ligaments, tendons, and soft tissue involved with them.
  
Neurology
The Neurology Subsector includes therapeutics that treat disorders of the central nervous system, including the brain, spinal cord, and nerves.
  
Obstetrics/Gynecology
The Obstetrics/Gynecology Subsector includes therapeutics that treat female genital disorders, pregnancy, and childbirth.
  
Respiratory System
The Respiratory System Subsector includes therapeutics that treat disorders affecting both the upper and lower respiratory tract, including the nose, throat, larynx, trachea, bronchi, and lungs.
  
Surgery
The Surgery Subsector includes therapeutics that treat complications associated with surgical procedures.
  
Urology
The Urology Subsector includes therapeutics that treat diseases of the kidney, urinary tract, bladder, and the male reproductive system.
  
Medical Devices  
Medical Supplies
The Medical Supplies Subsector includes basic and consumable products that are widely used in healthcare settings.
  
Orthopedics
The Orthopedics Subsector includes medical devices that diagnose and treat musculoskeletal diseases involving muscles, bones and joints.
  
Nutritional Health  
Dietary/Naturopathic Supplements
The Dietary/Naturopathic Subsector includes nutritional biochemicals and nutrients derived from natural sources that are intended to support health.
  
Scientific Products  
Consumables
The Consumables Subsector includes chemicals, reagents, standards, media, and disposable labware that are normally depleted or worn out by continuous use.
  
*Media  
Entertainment/Programming  
Television, Film and Video
Companies involved in the production, post-production, and distribution of Motion Pictures and Television programming.
  
Manufacturing
Consumer Manufacturing  
Food, Beverage and Agriculture
Includes agricultural inputs like livestock and crops, as well as processed food and beverage products. Tobacco growers and cigarette manufacturers are also included.
  
Household Products
The Household Products sector includes furniture and other home and institutional decorative items, major and small appliances, kitchenware, and other related products.
  
Personal Care and Cleaning Products
Companies engaged in the manufacturing of personal care products, such as cosmetics, fragrances, skin lotion, shampoo and other toiletries; and household cleaning products, such as window/surface cleaner, and table polish.
  
Industrial Manufacturing  
Aerospace and Defense
Aerospace and Defense is comprised of products and services with applications in aviation, space exploration, combat and national security, small arms, and other defense and security purposes.
  
Machinery Manufacturing
Companies in Machinery Manufacturing create a variety of mechanical systems and components; including machinery used in industrial factories, farming, mining, construction, lawn and garden care, and foodservice industries.
  
Transportation Equipment
Includes vehicles and other equipment designed for personal and commercial transportation activities. Jets, airplanes, and helicopters are excluded and can be found in the Aerospace and Defense hierarchy.
  

- Focused. Denotes that the company is considered focused in this area. In general, Focused Companies draw the majority of their earnings in the sector/product area specified.

- Sector Pure-Plays. Denotes that the company is focused in the selected sector and generates nearly all earnings in the sector/product area specified.

- Sector Participation. Denotes that the company develops products in this line of business.

Product Details

Sector Buyer Target
*Healthcare  
Biopharmaceuticals  
Allergies  
Upper Respiratory  
Antihistamines/Decongestants/Antitussives
Therapeutics that treat allergic reactions by suppressing inflammation, reducing mucous build up, and relieving or preventing coughs.

Buyer Products:

  • Vicks Children's NyQuil (Chlorpheniramine Maleate/Pseudoephedrine HCl/Dextromethorphan HBr)
  • Vicks Pediatric Formula 44M Multi Symptom Cough & Cold (Chlorpheniramine Maleate/Pseudoephedrine Hydrochloride/Dextromethorphan Hydrobromide)
  
Antihistamines/Decongestants/Antitussives/Analgesics/Antipyretics
Therapeutics that treat allergic reactions by suppressing inflammation, reducing mucous build up, relieving or preventing coughs, relieving pain, and reducing fever.

Buyer Products:

  • Vicks NyQuil Multi Symptom Cold/Flu Relief (Doxylamine Succinate/Pseudoephedrine Hydrochloride/Dextromethorphan Hydrobromide/Acetaminophen)
  • Vicks 44M Cough, Cold & Flu Relief (Chlorpheniramine Maleate/Dextromethorphan Hydrobromide/Pseudoephedrine Hydrochloride/Acetaminophen)
  
Cardiovascular System  
Heart Disorders  
Arrhythmia  
Potassium Channel Blocking Agents
Therapeutics that treat abnormal rhythm of the heart by preventing the entry of potassium into heart muscle cells.

Buyer Products:

  • Azimilide
  
Dermatology  
Acne  
Vulgaris  
Retinoids/Vitamin A Analogs
Therapeutics that treat acne by helping in cell differentiation as well as prevent cell proliferation.

Buyer Products:

  • Tazorac (Tazarotene)
  
Lesion/Scaling Disorders  
Psoriasis  
Retinoids/Vitamin A Analogs
Therapeutics that treat a chronic autoimmune disease characterized by softening, separating, and causing the shedding of the horny layer of the skin by modulating cell differentiation and proliferation.

Buyer Products:

  • Tazorac (Tazarotene)
  
Digestive System  
Gastrointestinal Tract Disorders  
Gastroduodenal Disorders  
Peptic Ulcers  
Duodenal  
Antisecretory Agents/Nitroimidazoles/Tetracyclines
Therapeutics that treat peptic ulcers by preventing the secretion of acid as well as treating infections by using antibiotics.

Buyer Products:

  • Helidac (Bismuth Subsalicylate/Metronidazole/Tetracycline Hydrochloride)
  
Gastroesophageal Disorders  
Acid Indigestion/Heartburn  
Proton Pump Inhibitors
Therapeutics that treat heartburn by inhibiting the action of the membrane protein involved in the final steps of triggering acid release into the stomach.

Buyer Products:

  • Prilosec OTC (Omeprazole)
  
Intestinal Disorders  
Constipation  
Chronic  
Bulk-Forming Agents
Therapeutics that treat constipation by stimulating the formation of bodies of feces that are able to be passed through the bowels.

Buyer Products:

  • Metamucil (Psyllium)
  
Irregular Bowel Movements  
Bulk-Forming Agents
Therapeutics that treat constipation by stimulating the formation of bodies of feces that are able to be passed through the bowels.

Buyer Products:

  • Metamucil (Psyllium)
  
Diarrhea  
Antisecretory Agents
Therapeutics that treat diarrhea by bringing fluid movement within the intestine to normal levels.

Buyer Products:

  • Pepto Bismol (Bismuth Subsalicylate)
  
Inflammatory Bowel Disease (IBD)  
Ulcerative Colitis  
Cyclooxygenase Inhibitors (COX Inhibitors)/Lipoxygenase Inhibitors
Therapeutics that treat ulcerative colitis by inhibiting the actions of the two enzymes, cyclooxygenase and lipoxygenase.

Buyer Products:

  • Asacol (Mesalamine)
  
Immunology  
Autoimmune Disorders  
Inflammatory Bowel Disease (IBD)  
Ulcerative Colitis  
Cyclooxygenase Inhibitors (COX Inhibitors)/Lipoxygenase Inhibitors
Therapeutics that treat inflammation of the colon and rectum by blocking the action of cyclooxygenase and lipoxygenase.

Buyer Products:

  • Asacol (Mesalamine)
  
Psoriasis  
Retinoids/Vitamin A Analogs
Therapeutics that treat a chronic autoimmune disease characterized by softening, separating, and causing the shedding of the horny layer of the skin by modulating cell differentiation and proliferation.

Buyer Products:

  • Tazorac (Tazarotene)
  
Infectious Diseases  
Bacterial  
Antibacterial Agents  
Narrow Spectrum  
Digestive System  
Heliobacter pylori  
Antisecretory Agents/Nitroimidazoles/Tetracyclines
Therapeutics treat digestive infections caused by Helicobacter pylori bacteria by inhibiting the action of the membrane protein involved in the final steps of triggering acid release into the stomach.

Buyer Products:

  • Helidac (Bismuth Subsalicylate/Metronidazole/Tetracycline Hydrochloride)
  
Urology  
Urinary Tract Infections (UTI)  
Antibacterial Agents (Antibiotics)  
Nitrofurantoins
Therapeutics that treat bacterial infections of the urinary tract by inactivating/altering bacterial proteins and other macromolecules.

Buyer Products:

  • Macrobid (Nitrofurantoin)
  • Macrodantin (Nitrofurantoin)
  
Musculoskeletal System  
Phase I/Phase II Clinical Stage Products
Therapeutics that are being investigated for the treatment of skeletal system disorders in early stages of clinical research where human subject is involved.

Buyer Products:

  • Parathyroid Hormone (PTH 1-34) Nasal Spray
  
Skeletal Disorders  
Bone Disorders  
Heterotopic Ossification  
Osteoclast Bone Resorption Inhibitors
Therapeutics that treat ossification by inhibiting the loss of bone material by osteoclasts.

Buyer Products:

  • Didronel (Etidronate Disodium)
  
Osteoporosis  
Osteoclast Bone Resorption Inhibitors
Therapeutics that treat osteoporosis by preventing loss of bone mass due to osteoclasts.

Buyer Products:

  • Actonel (Risedronate Sodium)/Once Weekly Actonel (Risedronate Sodium)/Actonel With Calcium
  
Paget`s Disease  
Osteoclast Bone Resorption Inhibitors
Therapeutics that treat paget's disease by inhibiting the loss of bone material by osteoclasts.

Buyer Products:

  • Actonel (Risedronate Sodium)/Once Weekly Actonel (Risedronate Sodium)/Actonel With Calcium
  • Didronel (Etidronate Disodium)
  
Neurology  
Neurological Disorders  
Spasticity (Spinal Shock)  
Calcium Channel Inhibitors
Therapeutics that treat spasticity by preventing the release of calcium from the sarcoplasmic reticulum which results in reduced involuntary muscle contractions.

Buyer Products:

  • Dantrium/Dantrium I.V. (Dantrolene Sodium)
  
Obstetrics/Gynecology  
Female Genital Disorders  
Sexual Dysfunction  
Androgens
Therapeutics that treat female sexual dysfunction by providing male sex hormone, such as testosterone, that is important for the normal functioning of the female reproductive system.

Buyer Products:

  • Intrinsa (Testosterone Patch)
  
Respiratory System  
Upper Respiratory Tract Disorders  
Coughs/Colds  
Amphetamines
Therapeutics that treat coughs and colds by helping to relieve nasal congestion.

Buyer Products:

  • Vicks Vapor Inhaler (1-Desoxyephedrine)
  
Antihistamines/Antitussives
Therapeutics that block the inflammatory action of histamines and relieve or prevent coughs.

Buyer Products:

  • Vicks NyQuil Cough (Doxylamine Succinate/Dextromethorphan Hydrobromide)
  
Antihistamines/Decongestants/Antitussives
Therapeutics that treat coughs and colds by suppressing inflammation, reducing mucous build up, and relieving or preventing coughs.

Buyer Products:

  • Vicks Children's NyQuil (Chlorpheniramine Maleate/Pseudoephedrine HCl/Dextromethorphan HBr)
  • Vicks Pediatric Formula 44M Multi Symptom Cough & Cold (Chlorpheniramine Maleate/Pseudoephedrine Hydrochloride/Dextromethorphan Hydrobromide)
  
Antihistamines/Decongestants/Antitussives/Analgesics/Antipyretics
Therapeutics that treat coughs and colds by suppressing inflammation, reducing mucous build up, relieving or preventing coughs, relieving pain, and reducing fever.

Buyer Products:

  • Vicks NyQuil Multi Symptom Cold/Flu Relief (Doxylamine Succinate/Pseudoephedrine Hydrochloride/Dextromethorphan Hydrobromide/Acetaminophen)
  • Vicks 44M Cough, Cold & Flu Relief (Chlorpheniramine Maleate/Dextromethorphan Hydrobromide/Pseudoephedrine Hydrochloride/Acetaminophen)
  
Antitussives
Therapeutics that relieve or prevent coughs.

Buyer Products:

  • Vicks 44 Cough Relief (Dextromethorphan Hydrobromide)
  
Antitussives/Expectorants
Therapeutics that treat coughs and colds by suppressing coughs and helping ejection of the mucous.

Buyer Products:

  • Vicks 44E/Vicks Pediatric Formula 44E (Dextromethorphan HBr/Guaifenesin)
  
Decongestants
Therapeutics that treat coughs and colds by reducing mucous build up.

Buyer Products:

  • Vicks Inhaler (Levmetamfetamine)
  • Vicks Sinex (Phenylephrine Hydrochloride)
  • Vicks Sinex 12 Hour (Oxymetazoline)
  
Decongestants/Antitussives
Therapeutics that treat coughs and colds by reducing mucous build up and suppressing the cough.

Buyer Products:

  • Vicks 44D Cough & Head Congestion Relief (Pseudoephedrine Hydrochloride/Dextromethorphan Hydrobromide)
  
Decongestants/Antitussives/Expectorants/Analgesics/Antipyretics
Therapeutics that treat coughs and colds by reducing mucous build up, suppressing the cough, helping in the ejection of mucous and helping relieve fever and pain.

Buyer Products:

  • Vicks DayQuil Multi Symptom Cold/Flu Relief (Pseudoephedrine Hydrochloride/Dextromethorphan Hydrobromide/Guaifenesin/Acetaminophen)
  
Decongestants/Expectorants
Therapeutics that treat coughs and colds by reducing mucous build up and help in ejection of mucous.

Buyer Products:

  • Vicks DayQuil Sinus Presure & Pain Relief (Phenylpropanolamine/Guaifenesin)
  
Expectorants/Opioids
Therapeutics that treat coughs and colds by suppressing the cough and helping in the ejection of the mucous.

Buyer Products:

  • Brontex (Guaifenesin/Codeine Phosphate)
  
Surgery  
General  
Complications  
Hyperthermia  
Calcium Channel Inhibitors
Therapeutics that treat hyperthermia by preventing the release of calcium from the sarcoplasmic reticulum which results in inhibits the catabolic processes responsible for increase in temperature.

Buyer Products:

  • Dantrium/Dantrium I.V. (Dantrolene Sodium)
  
Urology  
Urological Disorders  
Bladder  
Urinary Frequency/Urge Incontinence  
Anticholinergic Agents
Therapeutics that treat the inability to control urinary excretory functions by blocking the actions of choline and other cholinergic agents.

Buyer Products:

  • Enablex (Darifenacin)
  
Medical Devices  
Medical Supplies  
Diagnostic  
Temperature  
Thermometers
Medical instruments designed to measure the temperature in patients

Buyer Products:

  • Vicks Thermometer Series
  
Orthopedics  
Treatment  
Pain Management  
General Purpose  
Dry Heat Therapy
Devices that control the of use dry heat to ease pain associated with musculoskeletal injuries.

Buyer Products:

  • ThermaCare Heatwrap Series
  
Nutritional Health  
Dietary/Naturopathic Supplements  
General Health
Products consisting of dietary/naturopathic supplements that are intended to support general health.

Buyer Products:

  • The Procter & Gamble Company
  
Scientific Products  
Consumables  
Bioanalytical Chemistry  
Cell Biology  
Cell Proliferation  
Kits
Cell proliferation consumables that are a collection of reagents, standards, and other consumables assembled for used in various biological analyses.

Buyer Products:

  • E-Cube Culture System Kit
  • CellCube System
  
*Media  
Entertainment/Programming  
Television, Film and Video  
Production  
Television  
Domestic  
Soap Opera
Shows depicting the interconnected lives of many characters often in a sentimental, melodramatic way.

Buyer Products:

  • Procter & Gamble Productions
  
Manufacturing
Consumer Manufacturing  
Food, Beverage and Agriculture  
Beverages  
Non-Alcoholic Beverages  
Coffee/Tea
Coffee and Tea Manufacturing.

Buyer Products:

  • Millstone
  • Folgers
  
Food  
Pet Food
Food for dogs and cats.

Buyer Products:

  • Iams
  • Eukanuba
  
Sweets/Snacks  
Snack Foods
Manufacturers of Potato Chips, Peanuts, Trail Mix, and Cheese Snacks.

Buyer Products:

  • Pringles
  
Household Products  
Household Appliances and Tools  
Other Household Products  
Brooms, Brushes, and Mops
Brooms, brushes, mops, and other manual cleaning equipment.

Buyer Products:

  • Swiffer
  
Small Electrical Appliances/Accessories  
Consumer Batteries
Relatively small, portable batteries used to power all varieties of consumer electronic devices. These one-time-use or rechargeable batteries store electric energy and can be used to power various devices ranging from CD players to cell phones. The most popular battery types include: lithium (Li), lithium ion (Li-ion), nickel-metal hybrid (NiMH), and nickel-cadmium (NiCAD). Flashlights are included at this level.

Buyer Products:

  • Duracell
  
Kitchen/Bath Appliances
Electrical Kitchen/Bath Appliances, including toasters; juicemakers; and food blenders, as well as electrical toothbrushes, hairdryers, and electric massagers.

Buyer Products:

  • Oral-B
  
Personal Care and Cleaning Products  
Absorbent Products
Absorbent products, including tampons, pads, and diapers.

Buyer Products:

  • Tampax
  • Pampers
  • Always
  
Anti-Perspirant
Anti-Perspirant and/or deodorant.

Buyer Products:

  • Old Spice
  • Secret
  
Cosmetics
Companies engaged in the manufacturing of cosmetics, such as lipstick, powders, and other make-up.

Buyer Products:

  • CoverGirl
  • Max Factor
  • Olay
  
Fragrances
Companies engaged in the manufacturing of fragrances, such as perfume and cologne.

Buyer Products:

  • Hugo Boss
  • Giorgio Beverly Hills
  
Hair Care
Companies engaged in the manufacturing of hair care products, such as shampoo, conditioner, hair dye, hair spray, styling gel, and mousse. Also includes hair accessories, such as pins, clips, and curlers.

Buyer Products:

  • Pantene
  • Physique
  • Clairol
  • Herbal Essences
  • Infusium 23
  • Aussie
  • Head & Shoulders
  
Household Cleaning Products
Chemical-based household cleaning products, such as detergent and surface cleaner. Also includes automotive cleaning products.

Buyer Products:

  • Downy
  • Tide
  • Mr. Clean
  • Swiffer
  • Febreze
  
Oral Care
Oral Care products, including Toothpaste, Mouthwash, and denture adhesive.

Buyer Products:

  • Fixodent
  
Sanitary/Personal Care Paper
Companies engaged in the manufacturing of sanitary/personal care paper such as napkins and tissues.

Buyer Products:

  • Puffs
  • Charmin
  • Bounty
  
Skin Care
Companies engaged in the manufacturing of skin care products, such as suntan lotion, skin lotion, sanitizer, shaving cream, and moisturizer. Also includes manufacturers of non-electrical shaving equipment.

Buyer Products:

  • Gillette
  • Doctor's Dermatologic Formula
  • Noxzema
  • Olay
  
Soap/Body Wash
Soap, Body Wash, and Shower Gel.

Buyer Products:

  • Camay
  • Safeguard
  • Ivory
  
Industrial Manufacturing  
Aerospace and Defense  
Aerospace  
Aviation Equipment  
Aircraft Engine and Engine Parts
Aircraft Engine and Engine Parts is comprised of completed aircraft engines as well as key engine components.

Target Products:

  • Volvo Aero
  
Machinery Manufacturing  
Natural Resource and Construction Machinery  
Building and Construction
Manufacturers of specialized machinery used for building and construction. Some examples include lift trucks, building cranes, and cement mixers. This level also includes building structural machinery such as elevators and escalators.

Target Products:

  • Volvo Construction Equipment
  
Transportation Equipment  
Commercial Transportation Equipment  
Commercial and Public Service Vehicles
Commercial and public service vehicles include: lightweight commercial trucks, tow vehicles, cement mixers, utility service vehicles, passenger buses, ambulances, fire engines, street sweepers, and broadcast vehicles. Chassis and other components for these types of vehicles are also included at this level.

Target Products:

  • Volvo Buses
  
Heavy Duty Trucks and Trailers
Heavy duty cargo transportation trucks and trailers. Trailers may be specialized for dry freight, refrigerated storage, livestock, and other transport needs.

Target Products:

  • Mack Trucks
  • Renault Trucks
  • Volvo Trucks
  
Consumer Vehicles  
Recreation Equipment  
Boats
Includes sailboats, power boats, fishing boats, yachts and marine engines, generally designed for recreational purposes. Personal watercraft designed for one or two individuals are not included.

Target Products:

  • Volvo Penta
  

- Focused. Denotes that the company is considered focused in this area. In general, Focused Companies draw the majority of their earnings in the sector/product area specified.

- Sector Pure-Plays. Denotes that the company is focused in the selected sector and generates nearly all earnings in the sector/product area specified.

- Sector Participation. Denotes that the company develops products in this line of business.

Relationship Details

Key Competitors

  Name Dir Percent Market Cap. P/E Ratio (TTM) Fwd P/E P/R Ratio (TTM) Fwd P/Rev Price To Tang. Book Value
Buyer
  GlaxoSmithKline plc (ADR) n/a 149,901.705 13.83 13.31 3.25 3.25 14.13
PepsiCo, Inc. n/a 105,342.452 18.45 19.80 2.99 2.82 11.04
Bayer AG (ADR) n/a 57,937.117 11.18 16.31 1.43 1.34 n/a
Diageo plc (ADR) n/a 56,250.384 19.51 18.56 3.74 3.16 n/a
Unilever plc (ADR) n/a 54,917.014 7.91 18.14 1.01 1.03 n/a
Unilever N.V. (ADR) n/a 52,955.693 8.06 17.65 0.97 0.87 n/a
Koninklijke Philips Electronics NV (ADR) n/a 47,270.498 4.66 21.63 1.29 1.30 2.17
Cadbury Schweppes plc (ADR) n/a 27,491.781 11.81 24.52 1.86 1.97 n/a
Covidien Ltd. n/a 20,975.938 14.64 15.63 2.11 2.12 15.94
Target
  DaimlerChrysler AG (USA) n/a 92,369.355 14.08 18.69 0.46 0.48 2.21
Caterpillar Inc. n/a 53,248.000 15.16 15.48 1.26 1.30 9.81
Fiat S.p.A. (ADR) n/a 40,515.662 28.17 n/a 0.58 n/a 10.20
PACCAR Inc n/a 23,574.014 15.51 19.68 1.42 1.74 5.33
CNH Global N.V. (ADR) n/a 13,483.834 39.20 24.79 1.01 1.02 6.55
Cummins Inc. n/a 12,115.304 16.76 18.43 1.05 1.03 4.99
Terex Corporation n/a 9,393.030 21.60 16.66 1.18 1.09 7.72
Tata Motors Limited (ADR) n/a 7,147.257 19.39 15.82 1.21 1.06 n/a
Navistar International Corporation n/a 4,907.459 16.69 29.17 0.42 0.44 8.21
Oshkosh Truck Corporation n/a 4,473.186 22.97 18.56 1.00 0.75 n/a
Brunswick Corporation n/a 2,739.793 24.44 18.76 0.49 0.52 3.00
Rush Enterprises, Inc. n/a 737.215 12.24 15.30 0.31 0.35 3.14
Fairchild Corporation n/a 60.540 n/a n/a 0.20 n/a 0.99
Komatsu Ltd. n/a n/a n/a n/a n/a n/a n/a
MAN Aktiengesellschaft n/a n/a n/a n/a n/a n/a n/a
Scania AB n/a n/a n/a n/a n/a n/a n/a

- Defined by the Company - Defined by Others

Dependent Suppliers

  Name Dir Percent Market Cap. P/E Ratio (TTM) Fwd P/E P/R Ratio (TTM) Fwd P/Rev Price To Tang. Book Value
Overlap
  Dassault Systemes S.A. (ADR) n/a 7,229.980 29.51 25.41 4.47 4.26 4.68
Progress Software Corporation n/a 1,307.102 39.73 22.88 2.79 2.73 5.29
Littelfuse, Inc. n/a 784.259 37.93 20.53 1.45 1.48 3.53
Buyer
  Nastech Pharmaceutical Co. Inc. 77.00% 321.300 n/a -8.01 12.01 12.60 4.32
Alexion Pharmaceuticals, Inc. 37.70% 1,839.069 n/a -13.35 258.75 47.08 20.67
Target
  Williams Controls, Inc. 16.00% 128.433 12.62 15.06 1.68 1.73 9.58
Commercial Vehicle Group, Inc. 13.00% 380.623 8.00 18.82 0.43 0.54 7.61
Cummins Inc. 9.00% 12,115.304 16.76 18.43 1.05 1.03 4.99
Accuride Corporation 9.00% 584.097 13.52 22.84 0.43 0.54 n/a
SAP AG (ADR) n/a 66,778.649 26.11 24.74 5.19 4.51 11.49
EMC Corporation n/a 40,793.969 32.27 28.31 3.52 3.16 12.04
Alcoa Inc. n/a 37,756.727 16.62 14.34 1.20 1.30 3.54
Garmin Ltd. n/a 17,241.018 30.44 27.75 8.87 6.61 11.15
American Standard Companies Inc. n/a 12,081.585 19.12 18.24 1.06 1.03 20.92
Nortel Networks Corporation (USA) n/a 10,630.662 110.73 37.09 0.92 0.96 n/a
SKF AB (ADR) n/a 10,004.063 14.59 13.56 1.19 n/a 5.19
Dassault Systemes S.A. (ADR) n/a 7,229.980 29.51 25.41 4.47 4.26 4.68
Lear Corporation n/a 2,970.851 n/a 15.25 0.17 0.20 n/a
Sybase, Inc. n/a 2,263.005 24.34 18.81 2.48 2.22 9.04
Highwoods Properties, Inc. n/a 2,161.414 28.55 14.37 5.09 4.87 1.93
Actuant Corporation n/a 1,807.098 18.28 19.19 1.30 1.27 n/a
Tenneco Inc. n/a 1,649.781 35.10 22.61 0.33 0.29 51.56
Progress Software Corporation n/a 1,307.102 39.73 22.88 2.79 2.73 5.29
EnPro Industries, Inc. n/a 963.603 n/a 12.73 1.02 n/a 5.11
VASCO Data Security International, Inc. n/a 927.358 56.62 44.10 10.45 7.92 28.11

- Defined by the Company - Defined by Others

Key Customers

  Name Dir Percent Market Cap. P/E Ratio (TTM) Fwd P/E P/R Ratio (TTM) Fwd P/Rev Price To Tang. Book Value
Buyer
  Wal-Mart Stores, Inc. 15.00% 197,467.881 17.18 15.25 0.56 0.52 4.36
sanofi-aventis (ADR) n/a 117,047.304 21.40 11.89 2.91 2.99 n/a
Sally Beauty Holdings, Inc. n/a 1,613.882 27.17 28.53 0.66 0.66 n/a
99 Cents Only Stores n/a 945.448 96.84 48.34 0.86 0.80 1.82
Helen of Troy Limited n/a 811.456 15.16 14.41 1.26 1.20 7.63
Prestige Brands Holdings, Inc. n/a 675.571 18.72 18.36 2.12 2.02 n/a
Fred's, Inc. n/a 526.283 19.58 17.45 0.29 0.29 1.41
United-Guardian, Inc. n/a 70.135 21.42 n/a 5.17 n/a 4.87
AMCON Distributing Co. n/a 14.681 14.32 n/a 0.02 n/a n/a
Synergy Brands, Inc. n/a 7.612 n/a n/a 0.10 n/a 1.30
Target
  General Electric Company n/a 412,760.965 19.31 18.30 2.48 2.43 16.85
Cummins Inc. n/a 12,115.304 16.76 18.43 1.05 1.03 4.99
Vail Resorts, Inc. n/a 2,383.004 36.97 36.25 2.46 2.56 4.46
Penske Automotive Group, Inc. n/a 1,987.742 17.24 14.37 0.17 0.16 n/a
Force Protection, Inc. n/a 1,308.877 59.57 32.63 5.01 2.01 5.95
Group 1 Automotive, Inc. n/a 927.960 11.11 9.93 0.15 0.14 n/a
Rush Enterprises, Inc. n/a 737.215 12.24 15.30 0.31 0.35 3.14
Marine Products Corp. n/a 316.884 17.17 19.49 1.24 1.29 3.23
U.S. Xpress Enterprises n/a 283.424 16.93 25.33 0.18 0.18 1.88
Atlas Copco AB n/a n/a n/a n/a n/a n/a n/a
Bavarian Nordic A/S n/a n/a n/a n/a n/a n/a n/a

- Defined by the Company - Defined by Others

Key Partners

  Name Dir Percent Market Cap. P/E Ratio (TTM) Fwd P/E P/R Ratio (TTM) Fwd P/Rev Price To Tang. Book Value
Buyer
  Wal-Mart Stores, Inc. n/a 197,467.881 17.18 15.25 0.56 0.52 4.36
Berkshire Hathaway Inc. n/a 170,040.803 15.05 n/a 1.56 n/a 2.20
sanofi-aventis (ADR) n/a 117,047.304 21.40 11.89 2.91 2.99 n/a
The Clorox Company n/a 9,697.509 20.25 19.18 2.01 1.94 n/a
Electrolux AB (ADR) n/a 7,862.024 17.94 n/a 0.50 n/a 5.18
Invitrogen Corporation n/a 3,505.434 n/a 21.88 2.78 2.93 n/a
Wesco Financial Corporation n/a 2,795.309 30.65 n/a 4.64 n/a 1.31
Inverness Medical Innovations, Inc. n/a 2,325.981 n/a 43.02 3.87 3.01 8.43
Alexion Pharmaceuticals, Inc. n/a 1,839.069 n/a -13.35 258.75 47.08 20.67
Target
  United Technologies Corporation n/a 75,606.540 19.75 18.03 1.48 1.44 57.96
Cummins Inc. n/a 12,115.304 16.76 18.43 1.05 1.03 4.99
Dassault Systemes S.A. (ADR) n/a 7,229.980 29.51 25.41 4.47 4.26 4.68
Vail Resorts, Inc. n/a 2,383.004 36.97 36.25 2.46 2.56 4.46
Penske Automotive Group, Inc. n/a 1,987.742 17.24 14.37 0.17 0.16 n/a
ArvinMeritor, Inc. n/a 1,644.352 n/a 31.78 0.17 0.25 4.21
Force Protection, Inc. n/a 1,308.877 59.57 32.63 5.01 2.01 5.95
Group 1 Automotive, Inc. n/a 927.960 11.11 9.93 0.15 0.14 n/a
Rush Enterprises, Inc. n/a 737.215 12.24 15.30 0.31 0.35 3.14
Marine Products Corp. n/a 316.884 17.17 19.49 1.24 1.29 3.23
U.S. Xpress Enterprises n/a 283.424 16.93 25.33 0.18 0.18 1.88
Puradyn Filter Technologies Incorporated n/a 10.544 n/a n/a 3.50 n/a n/a
Renault S.A. n/a n/a n/a n/a n/a n/a n/a
Dongfeng Motor Corp. n/a n/a n/a n/a n/a n/a n/a
Emirates Group n/a n/a n/a n/a n/a n/a n/a
DEUTZ AG n/a n/a n/a n/a n/a n/a n/a

- Defined by the Company - Defined by Others

Financials

  Buyer Target Combined Entity
Income Statement
Operating Items
Revenue 75,046.0 37,338.8 112,384.8
Other Revenue 0.0 0.0 0.0
Total Revenue 75,046.0 37,338.8 112,384.8
Cost of Revenue 36,103.0 29,031.0 65,134.0
SG&A Expense 23,944.0 4,022.4 27,966.4
Depreciation & Amortization 0.0 0.0 0.0
Research & Development 0.0 1,194.6 1,194.6
Interest Expense 0.0 54.6 54.6
Other Operating Expense 0.0 105.8 105.8
Total Expenses 60,047.0 34,408.4 94,455.4
Operating Income 14,999.0 2,930.3 17,929.3
Non Operating Items
Interest Expense (Inc.), Net Non-Oprtng -1,276.0 -18.3 -1,294.3
Other, Net 490.0 -22.9 467.1
Income Before Taxes 14,213.0 2,889.1 17,102.1
Income Taxes 4,243.0 542.0 4,785.0
Income After Taxes 9,970.0 2,347.2 12,317.2
Minority Interest (IS) 0.0 -9.0 -9.0
Net Income - Excl. Xord. Items 9,970.0 2,338.1 12,308.1
Net Income - Incl. Xord. Items 9,970.0 2,338.1 12,308.1
Preferred Dividends -157.0 0.0 -157.0
Income Avail. to Common 9,813.0 2,338.1 12,151.1
Share Items
Basic Avg. Shares Outstanding 3,397.3 2,024.0 5,421.3
Basic EPS - Excl. Xord. Items 2.89 1.16 2.27
Basic EPS - Incl. Xord. Items 2.89 1.16 2.27
Full Dilution Adjustment 0.0 0.0 0.0
Fully Diluted Shares Outstanding 3,397.3 2,024.5 5,421.8
F.D. EPS - Excl. Xord. Items 2.89 1.15 2.27
F.D. EPS - Incl. Xord. Items 2.89 1.15 2.27
Dividends Per Common Share 1.24 0.50 1.74
Balance Sheet
Assets
Cash and Equivalents 3,994.0 1,371.4 5,365.4
ST Investments 236.0 2,784.4 3,020.4
Accounts Receivable 6,757.0 10,724.1 17,481.1
Inventory 7,091.0 5,627.8 12,718.8
Prepayments and Advances 2,938.0 0.0 2,938.0
Other Current Assets 1,698.0 0.0 1,698.0
Current Assets 22,714.0 20,507.7 43,221.7
PPE 34,132.0 0.0 34,132.0
Accum D&A -14,954.0 0.0 -14,954.0
PPE, Net 19,178.0 8,191.7 27,369.7
Goodwill & Intangibles 89,934.0 2,879.2 92,813.2
Note Receivable 0.0 6,227.8 6,227.8
Other Assets 0.0 0.0 0.0
Other LT Assets 3,869.0 1,026.2 4,895.2
Total Assets 135,695.0 38,832.7 174,527.7
Liabilities
Accounts Payable 4,371.0 0.0 4,371.0
Payable/Accrued 0.0 0.0 0.0
Accrued Expenses 10,777.0 0.0 10,777.0
ST Debt 0.0 10,735.7 10,735.7
Curr Port of LTD & Cap Lease Oblg 12,168.0 0.0 12,168.0
Other (Current) Liabilities 3,605.0 11,011.3 14,616.3
Current Liab. 30,921.0 21,747.0 52,668.0
LT Debt 21,257.0 0.0 21,257.0
Total LT Debt 21,257.0 0.0 21,257.0
Minority Interest (BS) 0.0 42.7 42.7
Deferred Taxes 12,272.0 0.0 12,272.0
Other LT Liab. 4,779.0 4,342.1 9,121.1
Total Liabilities 69,229.0 26,131.7 95,360.7
Shareholders Equity
Redeemable Preferred 1,413.0 0.0 1,413.0
Common Stock 3,987.0 0.0 3,987.0
Additional Paid in Capital 58,912.0 0.0 58,912.0
Retained Earnings 40,477.0 0.0 40,477.0
Treasure Stock -37,405.0 0.0 -37,405.0
Other Equity 386.0 12,701.0 13,087.0
ESOP Debt Guarantee -1,304.0 0.0 -1,304.0
Total Equity 66,466.0 12,701.0 79,167.0
Total Liab. & Equity 135,695.0 38,832.7 174,527.7
Shares Outstanding 3,148.9 1,497.0 4,645.9
Cash Flow
Operating Cash Flow
CF Net Income 9,970.0 2,894.3 12,864.3
CF Depreciation 3,103.0 1,863.4 4,966.4
CF Deferred Taxes 78.0 0.0 78.0
Other Non-Cash Items 575.0 137.6 712.6
Change in Working Capital -683.0 -2,067.4 -2,750.4
Total Cash From Operating Activities 13,043.0 2,827.8 15,870.8
Investing Cash Flow (not calculated)
Capital Expenditures -2,997.0 -1,604.3 -4,601.3
Other Investing Cash Flows 1,693.0 -146.7 1,546.3
Total Cash From Investing Activities -1,304.0 -1,751.0 -3,055.0
Financing Cash Flow (not calculated)
Dividends Paid -4,127.0 -1,015.6 -5,142.6
Purchase Or Sale of Stock -8,882.0 5.4 -8,876.6
Purchase and Retirement of Debt -3,735.0 9.6 -3,725.4
Other Financing Cash Flow 0.0 -2.0 -2.0
Total Cash From Financing Activities -16,744.0 -1,002.5 -17,746.5
Exchange Rate Effects 324.0 -25.9 298.1
Net Change in Cash -4,681.0 48.4 -4,632.6
Cash Taxes Paid 2,869.0 304.1 3,173.1
Cash Interest Paid 1,045.0 352.0 1,397.0