"If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game." Warren BUFFETT	Donate with Paypal
- U.S.A. - Canada - U.K. - France - Germany - Japan - Hong-Kong	Accenture - - (no index) - IT Consulting & Other Services Accenture Limited (Accenture) is a management consulting, technology services and outsourcing organization. The Company?s business is structured around five operating groups, which together comprise 17 industry groups serving clients. MARGIN OF SAFETY of Accenture : 146.80 % The Margin of Safety of Accenture is OK (>50%). How is the Margin of Safety calculated ? QUALITY : Conservative Investors : Enterprising Investors : What are the Stars ? FORUMS VISIT Accenture FORUM ! Alerts : BUY at : 38 USD on : 02/05/2008 What are the alerts ? Price over 1 year : PRICE, INTRINSIC VALUE & MARGIN OF SAFETY based on GRAHAM's FORMULA What is the Graham's Formula ? Accenture price is : (as of 5/21/2009) USD Current Earnings per Share (2008 est.) are : USD Estimated Long Term Growth (% per Year) is : % INTRINSIC VALUE = 2.63 x (8.5 + 2 x 9.77) = 73.75 USD MARGIN OF SAFETY = (73.75 - 29.88 ) / 29.88 = 146.80 % (OK) How is Long Term Growth estimated for Accenture ? Historical analysis for Accenture - See detail QUALITATIVE FILTERS FOR Accenture What are the Stars ? DEFENSIVE ENTERPRISING COMPANY SIZE (MKT CAP. Mls $) Very Large 18,593 mls.$ OK The company's Market cap. is above 5000 millions dollars - FINANCIAL CONDITION Current Ratio 1.34 The current ratio is under 2 The current ratio is under 1.5 LT Debt/Net Curr. Assets 0.00 The LTdebt/current assets ratio is under 1 The LTdebt/current assets ratio is under 1.1 EARNINGS STABILITY Losses / 10 - 5 Years 0 / 0 No losses in the past ten years No losses in the past five years DIVIDENDS Years of Dividends na Less than 15 years of dividend in the past 15 years No dividend for last year EARNINGS GROWTH Growth 10-5 Years 115% / 150% Total Earnings growth above 33% for the past 10 years Last year earnings above earnings 5 years ago VALUATION P.E. x P/Book 83.43 P.E. x P/Book is above 22.5 P/Book is above 1.20 P.E. 11.4 OK PE is under 15 - P/Book 7.32 NO P/Book is above 1.5 NO P/Book is above 1.2 Accenture - Competitors for IT Consulting & Other Services   STOCK QUALITY Conservative Investors MARGIN OF SAFETY Long Term Growth Price / Earnings   Satyam Computer - India Nifty50 IT Consulting & Other Services MARGIN OF SAFETY : 999.99 % Long Term Growth : 13.14 % Price / Earnings : 1.6 x 53.55 / 33.50 = CTAC - Nederland Next Economy IT Consulting & Other Services MARGIN OF SAFETY : 405.64 % Long Term Growth : 15.85 % Price / Earnings : 7.9 x 3.1 / 0.39 = Solucom - France Next Economy IT Consulting & Other Services MARGIN OF SAFETY : 274.33 % Long Term Growth : 15.38 % Price / Earnings : 10.5 x 15 / 1.43 = Cap Gemini - France CAC 40 IT Consulting & Other Services MARGIN OF SAFETY : 270.25 % Long Term Growth : 15.27 % Price / Earnings : 10.5 x 26.99 / 2.56 = Econocom - Belgium Next Economy IT Consulting & Other Services MARGIN OF SAFETY : 222.79 % Long Term Growth : 8.55 % Price / Earnings : 7.9 x 5.63 / 0.71 = Sogeclair - France Next Economy IT Consulting & Other Services MARGIN OF SAFETY : 216.85 % Long Term Growth : 9.22 % Price / Earnings : 8.5 x 15.56 / 1.83 = HCL Techno - India Nifty50 IT Consulting & Other Services MARGIN OF SAFETY : 201.67 % Long Term Growth : 9.92 % Price / Earnings : 9.4 x 166.9 / 17.77 = Groupe Steria - France Mid&Small 190 IT Consulting & Other Services MARGIN OF SAFETY : 194.83 % Long Term Growth : 7.72 % Price / Earnings : 8.1 x 14.45 / 1.78 = CGI Group - Canada SP/TSX Comp. IT Consulting & Other Services MARGIN OF SAFETY : 186.46 % Long Term Growth : 10.48 % Price / Earnings : 10.3 x 10.08 / 0.98 = Alten - France Mid&Small 190 IT Consulting & Other Services MARGIN OF SAFETY : 166.15 % Long Term Growth : 8.76 % Price / Earnings : 9.8 x 12.42 / 1.27 = Accenture - U.S.A. (no index) IT Consulting & Other Services MARGIN OF SAFETY : 146.76 % Long Term Growth : 9.77 % Price / Earnings : 11.4 x 29.88 / 2.63 = Infosys Tech - India Nifty50 IT Consulting & Other Services MARGIN OF SAFETY : 134.21 % Long Term Growth : 13.74 % Price / Earnings : 15.4 x 1522.3 / 99.10 = Wipro Ltd - India Nifty50 IT Consulting & Other Services MARGIN OF SAFETY : 132.79 % Long Term Growth : 12.81 % Price / Earnings : 14.7 x 369.35 / 25.20 = Cognizant Tech - U.S.A. Nasdaq 100 IT Consulting & Other Services MARGIN OF SAFETY : 129.13 % Long Term Growth : 14.39 % Price / Earnings : 16.3 x 24.9 / 1.53 = Infosys Tech - U.S.A. Nasdaq 100 IT Consulting & Other Services MARGIN OF SAFETY : 120.09 % Long Term Growth : 13.54 % Price / Earnings : 16.2 x 31.53 / 1.95 = NTT DATA - Tokyo Nikkei 225 IT Consulting & Other Services MARGIN OF SAFETY : 102.95 % Long Term Growth : 11.45 % Price / Earnings : 15.5 x 264700 / 17112.00 = Reditus - Portugal Next Economy IT Consulting & Other Services MARGIN OF SAFETY : 42.57 % Long Term Growth : 12.98 % Price / Earnings : 24.2 x 7.25 / 0.30 = CSK HLDG - Tokyo Nikkei 225 IT Consulting & Other Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 32.9 x 451 / 13.71 = Altran Tech - France Mid&Small 190 IT Consulting & Other Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 8.7 x 2.51 / 0.29 = Atos Origin - France (no index) IT Consulting & Other Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 11.0 x 24.48 / 2.22 = Aubay - France Next Economy IT Consulting & Other Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 4.1 x 2.32 / 0.56 = Busi & Dec - France Next Economy IT Consulting & Other Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 4.3 x 3.06 / 0.71 = Devoteam - France Mid&Small 190 IT Consulting & Other Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 7.7 x 12.45 / 1.61 = GFI Informatique - France Mid&Small 190 IT Consulting & Other Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 9.5 x 2.94 / 0.31 = Qurius NV - Nederland Next Economy IT Consulting & Other Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 4.7 x 0.28 / 0.06 = Sodifrance - France Next Economy IT Consulting & Other Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 9.3 x 4 / 0.43 = Soft Computing - France Next Economy IT Consulting & Other Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 14.0 x 2.8 / 0.20 = CS Comm et Syst - France Mid&Small 190 IT Consulting & Other Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 8.2 x 8.4 / 1.02 = Sopra Group - France Mid&Small 190 IT Consulting & Other Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 7.4 x 26.81 / 3.64 = Tata Consult - India Nifty50 IT Consulting & Other Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 12.0 x 634.05 / 52.72 = Unisys - U.S.A. SP 500 IT Consulting & Other Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : -33.0 x 1.32 / -0.04 =