Lowe’s Is Yet Another Overvalued Home Improvement Retailer – Lowe’s Companies, Inc. (nyse:low) | Seeking Alpha

The Reedley Exponent > Ara > Home Improvement

Valuation Using these assumptions and discount rates/terminal value growth rates of 10% and 3%, respectively, I get to a fair market value (FMV) of $44 for Lowe’s, which is around a 7% discount to current prices. This suggests that the company is modestly overvalued even with my aggressive assumptions on sales growth (6.0 % annually in my model, against 3.1% over the last 4 years). I am also assuming some operating leverage, through a reduction in SG&A expenses as a percentage of sales. Hence, I believe that my valuation model is fairly conservative. The one area of upside would be if Lowe’s were able to reduce its SG&A expenses to the level of HD without a corresponding reduction in sales growth – this would push the FMV to $55, which would be a 17% upside to today’s price. The complete valuation model is attached below.
For the original version including any supplementary images or video, visit http://seekingalpha.com/article/2290933-lowes-is-yet-another-overvalued-home-improvement-retailer

In addition to preventing losses due to power outages, a backup power generator recoups 67.5 percent of its cost at resale, according to Remodeling magazines 2014 Cost vs. Value Report. To learn more, visit http://www.kohlergenerators.com for educational videos, sizing calculators and more. 2) Lighting Updating lighting can have a dramatic effect on a homes aesthetic, but beauty is just one benefit of redoing light fixtures inside and out. Lights highlight architectural features plus add a safety element to the property.
For the original version including any supplementary images or video, visit http://www.ellwoodcityledger.com/homeandgarden/home-improvements-that-boost-safety-comfort-and-the-value-of/article_38280c07-869a-5f95-ac97-44b957ea356d.html

5 home improvements that boost safety, comfort and the value of your home – Ellwood City Ledger: Home & Garden

Start with the projects that will have an immediate effect on creating and maintaining a safer and healthier home. Saturday, June 28, 2014 2:31 AM PDT 5 Ways to Create a Safer Bathroom ( Family Features ) According to the National Safety Council, approximately 70 percent of all accidents occurring in the home happen in the bathroom accounting for nearly 200,000 accidents each year. Saturday, June 28, 2014 2:31 AM PDT Smart Kids’ Rooms that Grow with Time ( Family Features ) Costs for furnishing and decorating a child’s room can mount quickly, but with careful planning and a few smart purchases, the decisions you make for that nursery or toddler’s room can create a functional and clutter-free space that grows with your child well into the teen years. From convertible furniture to neutral walls, you can establish a framework that evolves as your child’s interests change, significantly extending the life of those early investments. Lorie Marrero, a certified professional organizer and author of “The Clutter Diet,” has partnered with the experts at ClosetMaid to offer these tips for creating a room that transitions with your youngster as childhood gives way to adolescence. Invest wisely.
For the original version including any supplementary images or video, visit http://www.reedleyexponent.com/articles/2014/06/26/ara/home_improvement/

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