Report
Brian Bernard
EUR 101.80 For Business Accounts Only

Anixter International Could Offer Investors Electrifying Returns

Despite recent strong performance, shares of narrow-moat Anixter are currently trading at over a 15% discount to our $103 per share fair value estimate. Following the company's recent transformation, we believe shareholders will be rewarded with consistent earnings growth and special dividends in the coming years. 
Over the past three years, Anixter has completed three transactions that have bolstered the company’s market presence, growth potential, and operating flexibility. After acquiring Tri...
Underlying
Anixter International Inc.

Anixter International is engaged in the distribution of network and security solutions, electrical and electronic solutions, and utility power solutions through Anixter Inc. and its subsidiaries. The Network and Security Solutions segment supplies products and customized supply chain solutions. The Electrical and Electronic Solutions segment supplies wire and cable, control, lighting and electrical bulk products and customized supply chain solutions. The Utility Power Solutions segment supplies electrical transmission and distribution products, power plant maintenance, repair and operations supplies and smart-grid products, and arranges materials management and procurement outsourcing.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brian Bernard

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