Analysis of Fresenius

Company: Fresenius

Business: A German health care company: They own fully or parts of: Fresenius Medical Care (analysed previously) that work with dialysis, Fresenius Kabi treatment of chronically ill patients, Fresenius Helios which is 74 hospitals and clinics (in Germany mainly) for acute treatment of patients, Fresenius Vamed helps with projects and management business of health care facilities, Fresenius Netcare and finally Fresenius Biotech (both are very small in comparison to the others)

Active: They or their daughter companies are active world wide but with a strong base in Germany and Europe for many of their products / services.

P/E: 17.3

Analysis of Fresenius Medical Care (FMC)

Company: Fresenius Medical Care (FMC)

Business: A German medicinal products and service company. FMC is owned to 30% by Fresenius that are also on DAX and will be analysed tomorrow. FMC are active in the field of dialysis. They are providing hospitals, clinics with highly professional equipment as well as private people so that they can perform the dialysis at home on their own. The maintenance of the equipment and the exchange of filters is a growing market year by year. They also have a total of 3200 dialysis clinics in the world of which 2100 is situated in North America.

Active: They are selling their dialysis equipment world wide and their dialysis clinics are available in 40 countries.

P/E: 12.2

How to turn (some) Governmental costs into profits?

I want to start this reflection article by two quotes which I find important for this article and the first one is from: 1 Corinthians 13:11 which says that "When I was a child, I spoke like a child, I thought like a child. When I became a man, I gave up childish ways."

The second quote concerns Richard Feynman's problem solving algorithm.

"1. Write down the problem.
  2. Think hard about the problem
  3. Write down the solution to the problem."

Analysis of Deutsche Telekom

Company: Deutsche Telekom

Business: The German telecom company (still today owned to almost 15% by the German government) that provides all the classical telecom services. They are divided into three groups: Consumer (Fixed, Mobile & Broadband, Cloud Services, Television), Business Customers (Information, Communication & Technology Solutions, Outsourcing & Cloud Services etc.) and finally Partner Services & Platforms (Partner for infrastructure access and network services, Platform & Cooperation projects).

Active: They are represented in over 50 countries world wide. However the strongest focus is still in Europe and more specifically in Germany.

P/E: -9.2 (they took a 10 billion € depreciation or better put loss of value in 2012)

Analysis of Deutsche Post

Company: Deutsche Post

Business: A German global mail and logistics company: They are divided into four divisions: Mail, Express, Global forwarding (freight) and Supply chain.

Active: They are active world wide and are present (at least with outgoing mails) to 220 countries. a bigger surprise is that they employ 475,000 people world wide which means that they are one of the 10th biggest employer in the world which is impressive!

P/E: 17.7