Latest news with #businessstrategy
Yahoo
a day ago
- Business
- Yahoo
Private companies are Heineken N.V.'s (AMS:HEIA) biggest owners and were hit after market cap dropped €3.3b
Key Insights The considerable ownership by private companies in Heineken indicates that they collectively have a greater say in management and business strategy The largest shareholder of the company is L'Arche Green N.V. with a 52% stake 22% of Heineken is held by Institutions AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. To get a sense of who is truly in control of Heineken N.V. (AMS:HEIA), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are private companies with 52% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. And last week, private companies endured the biggest losses as the stock fell by 7.6%. In the chart below, we zoom in on the different ownership groups of Heineken. View our latest analysis for Heineken What Does The Institutional Ownership Tell Us About Heineken? Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. We can see that Heineken does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Heineken's earnings history below. Of course, the future is what really matters. We note that hedge funds don't have a meaningful investment in Heineken. Our data shows that L'Arche Green N.V. is the largest shareholder with 52% of shares outstanding. With such a huge stake in the ownership, we infer that they have significant control of the future of the company. Meanwhile, the second and third largest shareholders, hold 2.2% and 2.1%, of the shares outstanding, respectively. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. Insider Ownership Of Heineken The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our most recent data indicates that insiders own less than 1% of Heineken N.V.. However, it's possible that insiders might have an indirect interest through a more complex structure. Being so large, we would not expect insiders to own a large proportion of the stock. Collectively, they own €36m of stock. It is good to see board members owning shares, but it might be worth checking if those insiders have been buying. General Public Ownership The general public, who are usually individual investors, hold a 27% stake in Heineken. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. Private Company Ownership It seems that Private Companies own 52%, of the Heineken stock. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company. Next Steps: While it is well worth considering the different groups that own a company, there are other factors that are even more important. For instance, we've identified 3 warning signs for Heineken that you should be aware of. If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.


Forbes
2 days ago
- Business
- Forbes
Experts Share Ineffective Management Advice (And What To Do Instead)
Leaders today have a variety of sources from which to learn business strategy. From industry peers and mentors to targeted workshops and formal educational programs, developing one's business knowledge and strengthening people management skills is critical to successfully maintaining a business over time. However, not all advice is good advice. With social media enabling anyone and everyone to offer advice, it can be difficult to discern which tips are well-intentioned but ineffective and which ones are genuinely helpful. To help, 20 Forbes Business Council members share one common piece of management advice they've found to be highly impractical, as well as what managers should try instead. 1. Treat Everyone The Same Treating everyone the same sounds fair but fails in practice, as people have different needs and motivators. Instead, be fair but personalize your leadership. Adapt your style to each team member while maintaining consistent values. This builds trust, boosts engagement and helps everyone perform at their best. - Narendra Babu Vattem, iSpatial Techno Solutions Inc. 2. Always Be Available For Your Team Always being available for your team sounds noble, but it can burn you out and make others dependent on you. Instead, teach autonomy. Set clear expectations, be accessible at fixed hours and trust your team to figure things out. - Nitin Gupta, QRCodeChimp 3. Hire Great People And Get Out Of The Way Hiring great people and then getting out of their way sounds inspiring, but it often leads to poor alignment and missed opportunities. Even top performers need direction, feedback, challenges and accountability. Instead, stay close to the work. Great managers enable autonomy, not abandonment, and guide without micromanaging. - Henry McIntosh, Twenty One Twelve Marketing Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify? 4. Implement An Open-Door Policy Keeping an open-door policy sounds good, but it often leads to constant interruptions and reactive leadership. Instead, set structured availability and hold office hours with a purpose. This boundary respects deep work while still inviting feedback. Clarity beats constant access. - Arpit Jain, SEO Sets 5. Bring Your Whole Self To Work People often say to bring your whole self to work and be authentic. This isn't good advice for someone in a leadership or management role because there is a power dynamic to consider and it can too easily be an excuse for bad behavior. Instead, focus on credibility. This means you need to be capable, empathetic, supportive, trustworthy, likeable, vulnerable, as well as have integrity and a vision. - Jenni Field, Redefining Communications 6. Leave Emotions At The Door Leaving your emotions at the door is the worst advice because what it really teaches is disconnection, not professionalism. Instead, managers should bring emotional fluency to the table. Teams don't need robots; they need humans who can read the room and lead with both head and heart. - Stephanie Dillon, Stephanie Dillon Art 7. Maintain A Positive Attitude A common piece of advice that can be highly ineffective is to always maintain a positive attitude. While this is generally not bad advice, there are times that call for gravity and honesty. It's important in these moments to evaluate the situation. Maintaining a positive attitude at the wrong moment can give the impression of insincerity, dishonesty or disinterest. - Nikolaus Kimla, Pipeliner CRM 8. Be The Expert First The advice to be the expert yourself first is ineffective. Once you know how the work is done and what to expect from the team, then you can set realistic and achievable goals. Be reasonable. - Henry Fan, Globevisa Group 9. Stay On Top Of Everything One common but ineffective piece of management advice is to 'stay on top of everything.' This not only often leads to micromanagement but also kills trust and innovation. Instead, managers should empower teams with clear goals, autonomy and accountability. Trust drives performance far more than control. - Allen Kopelman, Nationwide Payment Systems Inc. 10. Empower Your People The 'empower your people' phrase as blanket advice lacks nuance. Without clear guardrails, teams flounder or play it safe. Instead, managers should define clear objectives and boundaries, then coach and trust teams to innovate within those limits, fostering true autonomy balanced with accountability. Use constraints as the leverage for impact. - Krzysztof 'Kris' Garlewicz, ProsperiFi LLC 11. Keep Your Team Busy Busyness isn't productivity — it's noise. Idle moments often lead to insight and meaningful process improvements. Instead of filling every gap, teach your team to pause, reflect and prioritize what actually moves the business forward. This cuts against the outdated 'hustle culture' mindset and introduces the idea of the strategic pause and reflection as a management tool. - Aleksandr Zemel, NYWD 12. Delegate More One-size-fits-all management advice like "just delegate more" is overrated. Not every task or team is suited for delegation. Instead, managers should focus on understanding their team's strengths and tailoring their approach to get the best results. - Mark Berookim, High Rise Financial LLC 13. Hire For Culture Fit 'Culture fit' is one of the most misused ideas in hiring. I've seen teams lose their edge by filling seats with people who think alike. What drives real performance is culture add. You need people who challenge assumptions, flag blind spots and surface flaws early. That tension sharpens execution and protects you from groupthink before it turns into costly mistakes. - Zain Jaffer, Zain Ventures 14. Avoid Getting Too Close To Team Members 'Don't get too close to your team' is an outdated theory. People don't need a boss, they need a human. Connection builds loyalty, not distance. Try leading with transparency and trust. When your team feels safe, trusted and appreciated, they'll go further than KPIs ever will. - Braden Yuill, Virtual Coworker 15. Have Employees Bring Solutions, Not Problems Saying, 'Don't bring me problems, bring me solutions,' shuts down psychological safety. It discourages early communication, often making employees feel like they have to figure things out alone. Instead, say, 'If you bring me what you're stuck on, we'll solve it together.' That fosters trust, learning and better outcomes. - Stephen Sokoler, Journey 16. Avoid Micromanaging 'Don't micromanage' is popular advice, but it can lead to misalignment and delays if taken too far. Blind trust without structure doesn't work. Instead, lead with clarity by setting clear expectations, explaining the 'why,' and checking in regularly. It's about direction, not control. - Janet Lam, Building Blocks Business 17. Give Feedback Only When Something Goes Wrong I find the idea of only giving feedback when something goes wrong to be ineffective. This creates a culture of fear and defensiveness. Instead, managers should learn how to give positive feedback regularly and sincerely. Recognizing progress, effort, and small wins builds confidence, motivates teams, and creates a foundation of trust. This then makes it easier to have honest conversations when challenges do arise. - Egor Karpovich, Travel Code Inc. 18. Do Feedback Sandwiches The feedback sandwich sounds appetizing in theory, but there's a reason some call it by a less flattering name. Bookending criticism with praise teaches people to brace for bad news whenever they receive positive recognition. Instead, be direct, be specific and separate praise from constructive feedback. People respect honest communication over sugar-coating feedback. - Laurent Valosek, Peak Leadership Institute 19. Motivate Your Team A common piece of advice is "motivate your team," with no input on how to effectively do that and what it means. It's more nuanced than that, and you want your team focused, not just motivated. Instead of focusing on management buzzwords, look at the data around high-performing teams. That's the environment you need to create, and you only have so many levers to work with. - Jeaneane Falkler 20. Focus On Your Zone Of Genius With our company's focus on marketing, we talk to leaders every day who say that their marketing team is the hardest to manage, especially with social media. They typically want to focus on their "zone of genius," which is what we are all told to do, but it leads to abdication rather than delegation. You don't have to be a marketing expert, but you do need to learn enough to know what "good" looks like. - Kenda Laney, Laney Media


Forbes
2 days ago
- Business
- Forbes
Elevating Your Coaching Quality While Building Your Business
Elissa Kelly is a Solopreneur Business Coach guiding leaders from corporate roles to thriving solopreneurship. You didn't climb the corporate ladder by delivering mediocre results. So, why would you build a coaching practice any differently? For executives entering the coaching world, the real challenge isn't choosing between quality and profitability; it's discovering how exceptional coaching can become your most powerful business strategy. While in my experience, much attention is given to business aspects—marketing, client acquisition and revenue generation—the fundamental quality of coaching services is paramount to sustainable success. Today, I'd like to explore the critical elements that ensure excellence in coaching practice, creating a foundation upon which a thriving coaching enterprise can be built. The Often Overlooked Foundation: Coaching Excellence In the excitement of launching a coaching business, many new coaches focus primarily on business strategies, neglecting the very service they're selling. This oversight creates significant risk, both to client outcomes and to business sustainability. High coaching quality isn't merely an ethical imperative; it's a business necessity. Clients who experience transformative coaching become your most powerful marketing assets through referrals and testimonials. The clients who have become my most important sources of referrals are those who experienced transformational coaching that resulted in breakthroughs—big wins with their teams or promotions at work. Those transformational experiences occurred because I focused on becoming an exceptional coach and continuing to grow my expertise. 4 Essential Elements Of Coaching Excellence Coach certification through an accredited coaching school isn't optional in today's professional coaching landscape. This requirement serves dual purposes. First, certification programs provide structured skill development. Coaching is a precise discipline requiring specific competencies that must be learned, practiced and refined. These programs offer systematic training in foundational coaching methodologies, ethical frameworks and client-centered approaches that transform well-meaning conversations into powerful catalytic experiences. Second, certification provides essential market credibility. Organizations investing in executive coaching are increasingly demanding certified coaches. HR departments and procurement teams often list certification as a minimum requirement when selecting coaching providers. For those building a coaching business, this credibility opens doors to corporate clients. The International Coaching Federation (ICF) offers progressive certification levels—ACC, PCC and MCC—that reflect a coach's experience and demonstrated competency. While the initial investment may seem substantial, it represents the entry point to the professional coaching community and is a prerequisite for sustainable growth. Self-reflection represents the difference between coaches who plateau and those who continuously evolve. Implementing a structured reflection process after each coaching session creates a feedback loop that accelerates professional development. Effective reflection includes examining key moments in coaching conversations, identifying missed opportunities for powerful questions, recognizing when assumptions may have influenced your approach and evaluating the overall impact of your interventions. For me, this means proactively scheduling time after each coaching session to reflect and make notes to support both the client's growth and my own. When I do this regularly, I become more aligned and can provide the best coaching experience for my clients. This reflective cycle transforms every client interaction into a learning opportunity, allowing coaches to refine their approach continually and prevent falling into comfortable patterns that may limit effectiveness. The coaching profession continues to evolve rapidly. Maintaining relevance and maximizing impact requires commitment to lifelong learning through steps like: • Advanced assessment certifications (Hogan, Birkman, DISC) that provide objective data to enrich coaching conversations. My certifications in Birkman and Hogan have opened doors to client opportunities while building my expertise. • Specialized coaching certificates focused on specific contexts such as team coaching or leadership transitions. My team coaching diploma gave me deep understanding and expertise to support teams and grow that area of my practice. • Ongoing study of emerging research relevant to human development and behavioral change. The most successful coaches view education as an ongoing investment rather than a one-time achievement, allocating both time and financial resources to expanding their capabilities. I believe coach supervision is one of the most underutilized resources to build coaching excellence. Unlike many therapeutic disciplines where supervision is mandated, coaching supervision is optional—but it offers tremendous value. Supervision provides a structured relationship with a certified supervisor who helps examine your coaching practice, identifying blind spots, processing difficult client situations, maintaining appropriate boundaries and integrating business considerations without compromising coaching quality. Beyond developmental benefits, supervision connects coaches to a community of practice, reducing the isolation that independent coaches often experience. My experience with both group and individual supervision has led to rich awareness, deep relationships with other coaches and expanded business opportunities, making the investment well worth it. Integrating Excellence And Business Success Certification, reflection, continuing education and supervision constitute the foundation of coaching excellence. Far from distracting from business development, these practices enhance success by creating genuine differentiation in a crowded marketplace. When you can articulate your value proposition with authentic confidence, you generate consistent, remarkable client experiences that drive referrals and allow you to command premium rates based on demonstrable expertise. The most successful coaches recognize that business development and professional excellence are complementary rather than competing priorities. By maintaining an unwavering commitment to coaching quality while implementing sound business strategies, you create sustainable practices that deliver both financial rewards and profound client impact. In an industry where reputation is currency, investing in coaching excellence may be the most strategic business decision you can make. Forbes Coaches Council is an invitation-only community for leading business and career coaches. Do I qualify?
Yahoo
4 days ago
- Business
- Yahoo
Euroz Hartleys Group Limited's (ASX:EZL) top owners are individual investors with 54% stake, while 28% is held by insiders
Key Insights The considerable ownership by individual investors in Euroz Hartleys Group indicates that they collectively have a greater say in management and business strategy A total of 22 investors have a majority stake in the company with 46% ownership 28% of Euroz Hartleys Group is held by insiders Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. A look at the shareholders of Euroz Hartleys Group Limited (ASX:EZL) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are individual investors with 54% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Individual insiders, on the other hand, account for 28% of the company's stockholders. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. Let's take a closer look to see what the different types of shareholders can tell us about Euroz Hartleys Group. Check out our latest analysis for Euroz Hartleys Group What Does The Institutional Ownership Tell Us About Euroz Hartleys Group? Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. Institutions have a very small stake in Euroz Hartleys Group. That indicates that the company is on the radar of some funds, but it isn't particularly popular with professional investors at the moment. If the company is growing earnings, that may indicate that it is just beginning to catch the attention of these deep-pocketed investors. We sometimes see a rising share price when a few big institutions want to buy a certain stock at the same time. The history of earnings and revenue, which you can see below, could be helpful in considering if more institutional investors will want the stock. Of course, there are plenty of other factors to consider, too. We note that hedge funds don't have a meaningful investment in Euroz Hartleys Group. Our data suggests that Andrew McKenzie, who is also the company's Top Key Executive, holds the most number of shares at 8.5%. When an insider holds a sizeable amount of a company's stock, investors consider it as a positive sign because it suggests that insiders are willing to have their wealth tied up in the future of the company. Meanwhile, the second and third largest shareholders, hold 7.8% and 7.7%, of the shares outstanding, respectively. Additionally, the company's CEO Timothy Bunney directly holds 1.2% of the total shares outstanding. On studying our ownership data, we found that 22 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held. Insider Ownership Of Euroz Hartleys Group The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our most recent data indicates that insiders own a reasonable proportion of Euroz Hartleys Group Limited. Insiders have a AU$45m stake in this AU$157m business. We would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can click here to see if those insiders have been buying or selling. General Public Ownership The general public, mostly comprising of individual investors, collectively holds 54% of Euroz Hartleys Group shares. With this amount of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability. Private Company Ownership It seems that Private Companies own 16%, of the Euroz Hartleys Group stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. Next Steps: While it is well worth considering the different groups that own a company, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with Euroz Hartleys Group (at least 1 which shouldn't be ignored) , and understanding them should be part of your investment process. Of course this may not be the best stock to buy. Therefore, you may wish to see our free collection of interesting prospects boasting favorable financials. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Institutions profited after Beiersdorf Aktiengesellschaft's (ETR:BEI) market cap rose €905m last week but private companies profited the most
Key Insights The considerable ownership by private companies in Beiersdorf indicates that they collectively have a greater say in management and business strategy 58% of the company is held by a single shareholder (Maxingvest GmbH & Co. KGaA) 25% of Beiersdorf is held by Institutions This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. A look at the shareholders of Beiersdorf Aktiengesellschaft (ETR:BEI) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are private companies with 58% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Private companies gained the most after market cap touched €25b last week, while institutions who own 25% also benefitted. In the chart below, we zoom in on the different ownership groups of Beiersdorf. View our latest analysis for Beiersdorf What Does The Institutional Ownership Tell Us About Beiersdorf? Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. Beiersdorf already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Beiersdorf, (below). Of course, keep in mind that there are other factors to consider, too. Hedge funds don't have many shares in Beiersdorf. Looking at our data, we can see that the largest shareholder is Maxingvest GmbH & Co. KGaA with 58% of shares outstanding. This essentially means that they have extensive influence, if not outright control, over the future of the corporation. In comparison, the second and third largest shareholders hold about 3.7% and 3.4% of the stock. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. Insider Ownership Of Beiersdorf The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our data suggests that insiders own under 1% of Beiersdorf Aktiengesellschaft in their own names. However, it's possible that insiders might have an indirect interest through a more complex structure. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Though their holding amounts to less than 1%, we can see that board members collectively own €112 worth of shares (at current prices). It is good to see board members owning shares, but it might be worth checking if those insiders have been buying. General Public Ownership With a 17% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Beiersdorf. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. Private Company Ownership Our data indicates that Private Companies hold 58%, of the company's shares. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company. Next Steps: I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Many find it useful to take an in depth look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data