Email of the day (1)
Comment of the Day

August 25 2010

Commentary by Eoin Treacy

Email of the day (1)

on CRH
"Seeing that you have committed your hard earned to CRH, I thought I would share a long term valuation graph on the mighty CRH plc. I hope you find it of use."

Eoin Treacy's view Thank you for this chart of Enterprise Value / Capital Employed which indicates CRH is fundamentally cheap. Yesterday's downward dynamic had more than a whiff of climactic selling but a clear upward dynamic will be required to confirm that a low of at least short and potentially medium-term significance has been reached.

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