Tuesday, May 29, 2007

Austria Stocks

A week ago, I wrote an article about German stocks. Today, I’m writing about its next door neighbor, Austria. Austria is one of the few countries that have declared permanent neutrality and everlasting neutrality. In the last several years, the Austria has been moving towards privatization. Joining the European Union has helped the country’s economy. Austria is rated number 34 in terms of purchasing power parity, ahead of Hong Kong, Switzerland, Greece and Norway.

Telekom Austria AG (TKAGY.PK), provides land line, mobile, data, and Internet telecommunications services throughout Austria. has a forward P/E of 19.8 and a PEG of 1.8. The stock has paid an annual dividend since 2004. Earnings for the latest year were up over 66% over the previous year.

The oil and gas company, OMV AG (OMVKY.PK) has a forward P/E of 10 and a PEG of 1.05. They recently reported a quarterly earnings increase year over year of 25% on a revenue increase of 13%.

Erste Bank der Oest SP (EBKDY.PK) is a major Austrian banking company with a forward P/E of 12.6 and a very favorable PEG of .74.

It is even possible to invest in the Vienna International Airport (VIAAY.PK), the largest airport in Austria based on number of flights. Unfortunately, it is difficult to get financial information on the company.

Author does not own any of the above.


Legato1 said...

Here is the lastest annual report for viaay.pk http://ar2008.viennaairport.com/jart/VIEGB08/html/en/index.jart?content_id=1235740709319&show-thema-box=yes

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