Cintas

I am now close to my first really big milestone and wanted to share my portfolio with you here for the first time.

The portfolio is structured in such a way that I have an All Word ETF and an S&P 500 ETF as a basis in order to have a deliberate additional focus on tech in the portfolio.

My largest position in the portfolio is $CTAS (-0,19 %). Of course, the share is very high with a weighting of just under 30%. However, I fully support the company's concept and have confidence in a successful future. Even if the share were to correct by 40% due to its strong performance in recent years, I wouldn't mind and would still remain invested.

All other positions are mainly for a broader coverage of the overall market.

I specifically wanted to include the consumer goods sector more strongly in my portfolio. That's why I bought the shares of

$TSCO (-0,04 %)

$CMG (+0,28 %)

$MELI (+0,57 %)

into my portfolio.

New additions to my portfolio are $RACE (+0,12 %) and the Eli Lilly share, which have been somewhat punished recently.

The share of $NU (+0,68 %) I have also added to the portfolio to better reflect the financial sector.

I also have some $BTC (+1,25 %)but I want to keep the weighting below 5% of the total portfolio.

What do you think of my portfolio?

Hellas Investment Community,

How do you deal with companies that convince you of their business model but run permanently?

Notable mentions:

$FICO (+0,76 %)

$CTAS (-0,19 %)

$MCO (+0,09 %)

$SPGI (+0,18 %)

$COST (+0,21 %)

I've been watching all these companies for some time now and I'm seeing them run away from me.

Valuation-wise they are getting more and more expensive and were already extremely expensive at the time of first contact. Every time I analyze them, I decide not to buy them only to see them gain another 20% a few months later.

How do you approach such companies? How do you value them? How do you fight your FOMO here?

Good return and best regards from Vienna

Good morning,

I haven't had any individual stocks in the last 10 years, but have now decided to invest in 10 stocks again. I have already chosen 9 of them, one is still missing. Perhaps someone can give me a tip.

I have the following criteria:

-No tech, I have enough of that already

-If possible, no USA. But this is not an exclusion

-Dividend doesn't matter

-Investment horizon > 10 years

Here are the 9:

$LOTB (-0,17 %)

$CTAS (-0,19 %)

$LIN (-0,32 %)

$8001 (-0,3 %)

$RMS (-0,26 %)

$LMT (+0,02 %)

$V (+0,21 %)

$BRK.B (+0,2 %)

$BLK

If there are any concerns about the nine, I will gladly take some out again

Update: @RealMichaelScott Someone has asked in the comments for the reasoning behind my selection so far. I'd like to answer that here:

There are a few more smart criteria that fit my preferences and gut feeling. These would be:

I like stocks with long-phase linear growth, see $CTAS (-0,19 %) in the last 12 months and $8001 (-0,3 %) . $LOTB (-0,17 %) is one of the best stocks in the world in my opinion. Exponential growth will certainly turn around at some point, but I don't like cyclicals. I also value positive free cash flow. I am not interested in P/E ratios (for whatever reason). Another reason is diversity with the 10 stocks, I'm not sure yet. $LIN (-0,32 %) was and would still be the only DAX stock that makes it to me. I would have gladly done without Armor, but unfortunately it will be part of the next 10 years, so $LMT (+0,02 %) . I'm also looking for stocks that closed 2020 and 2022 on a positive note.

$BRK.B (+0,2 %) is somehow part of such a portfolio:-), I'm not sure about $V (+0,21 %) I'm not sure about. Thanks for the suggestions on medical+health, that's definitely still missing. I still have doubts about energy. Due to the climate problem, I don't know where the journey will take us.

Update 2: Thanks for all the good suggestions. I took advantage of the bad weather and the window day today and have now made my decision:

$BLK (-0,29 %) flies out again, $V (+0,21 %) stays

Instead there are 2 new ones from your suggestions:

$CAT (+0,07 %) and $NOVO B (-0,18 %)

So it looks like this:

$LOTB (-0,17 %)

$CTAS (-0,19 %)

$LIN (-0,32 %)

$8001 (-0,3 %)

$RMS (-0,26 %)

$LMT (+0,02 %)

$V (+0,21 %)

$BRK.B (+0,2 %)

$CAT (+0,07 %)

$NOVO B (-0,18 %)

I did a backtest from 1.1.2020, all equally weighted

Average annual return: 24.32%

Total return approx. twice as high as the S&P ETF $CSPX (+0,2 %)

In the difficult years 2020 and 2022 each over 13% plus

10k became 28.5k with dividends in the 4.5 years

Nice linear progression over the entire term:

But unfortunately: forecasts are difficult, especially when they concern the future!

$CTAS (-0,19 %) has raised its annual forecasts with the publication of its quarterly results.

Source: Reuters.com

"Cintas Corp on Wednesday raised its profit and revenue forecasts for the year, betting on robust demand for its products ranging from rental uniforms and cleaning supplies to first-aid and safety kits.

While overall job growth in the U.S. slowed in June (link), hiring continued in sectors such as healthcare and government agencies, according to the Department of Labor's Bureau of Labor Statistics report.

This increase in employment helped boost the company's revenue in the first quarter, as Cintas provides uniform rental services to these sectors.

Cintas forecasts annual revenue in the range of $10.22 billion to $10.32 billion, compared to a previous forecast of $10.16 billion to $10.31 billion.

Cintas expects fiscal 2025 diluted earnings per share to be between $4.17 and $4.25, compared to a previous forecast of $4.06 to $4.19.

Analysts on average expected diluted earnings of $4.17, according to LSEG data.

The company's quarterly revenue rose 6.8 percent year-over-year to $2.50 billion, in line with analysts' estimates.

Revenue in its core segment, uniform rental and facility services, rose 5.9 percent in the quarter ended Aug. 31, compared with 7.6 percent a year ago.

The company posted earnings of 1.10 dollars per share, beating estimates of 95 cents.

Cintas, which offers a variety of services and products, including towels, fire extinguishers and flame-resistant clothing, also benefited from cross-selling opportunities in several categories.

At the same time, lower costs for energy, labor and raw materials such as cotton helped the company increase its gross margin by 140 basis points to 50.1 percent in the first quarter."

Does anyone else have $CTAS (-0,19 %) shares and problems with the display on Trade Republic since the split.

It was already on 12.09 and TR is not able to correct the figures correctly. According to them I am 66% down although I was 40% up before the split.

Investing in demographic change: senior boom = portfolio boom?

Hello community,

Thank you once again for your positive response to my last article "Climate change - rising temperatures, rising portfolio".

Today I have a no less relevant topic for you: The megatrend of an ageing society.

Boring. Everyone knows it. Not interesting. Or is it?

There are trends that are omnipresent: AI, climate change, the war in Ukraine, etc.. The trend of an ageing society, on the other hand, is hardly ever heard in everyday life.

Why is that? I suspect that the story of an ageing society was already told many years ago. Every year, the population ages a little more. The frog is sitting in water that is slowly heating up. Only when it is too late does he realize how hot it is getting.

That's why it's interesting for me to look at potential profiteers right now. The hype train hasn't started yet - and perhaps it won't due to the linear development of age cohorts. But hardly any other trend is so certain and predictable - and yet still under the radar.

One request in advance: let's stay objective. Ageing is a sensitive topic that can be emotionally charged. However, in my view, moral or political discussions have no added value here as long as no investments can be derived from them. There are other platforms for that.

Background

For anyone who has not yet heard of demographic change: The baby boomer generation (born between 1946 and 1964) are also known as the "baby boomers". These generations can be found in both the USA and Europe. And this age cohort is gradually retiring. In addition, the proportion of young people in the population is decreasing, as birth rates are steadily declining after the baby boomers.

So there will be more "old people". Which companies could benefit from this development?

To keep things interesting for you, I will focus on less obvious players. Nursing homes, Big Pharma and the like, you probably already know that.

I'm interested in profiteers at second glance. Here we go.

1. tourism

An ageing society does not mean care, immobility and illness. Today's older people are much fitter than they were 20 years ago, for example. Tourism can be one of the beneficiaries here. Where do senior citizens hang out? Presumably on cruise ships 😉

Actually less interesting for me because it's "asset heavy". But cruise companies have been heavily penalized since Corona. They are also not interesting for the ESG community because they are dirty. So maybe interesting after all?

The big players $RCL (+0,01 %) Royal Caribbean Cruises, Norwegian Cruise Line and $CCL (-0,64 %) Carnival are probably familiar to most people. Caribbean is now also back above the pre-corona rates - in contrast to the other two. It is possible that they will follow suit.

If that's too hot for you, you could take a closer look at $MAR (+0,06 %) take a closer look at Marriott. This is the largest hotel chain in the world. It can be categorized in the premium segment - which is interesting, as senior citizens can look back on an entire working life. And if they invest their money wisely, they will certainly want to (and be able to) enjoy the last stage of their lives in comfort.

Due to Corona, a look at the development of the key figures is a little distorted. Nevertheless, profits grew by around 13% p.a. over 5 years, while sales growth is estimated at 7.2% p.a..

In addition, there is a dividend yield of just under 1%, although there is still room for improvement with a payout ratio of just under 25% of free cash flow.

In my view, the stock is currently running a little too hot. Definitely something for the watch list if tourism should collapse - that happens regularly.

2. leisure & consumption

Brunswick Corporation

I had never heard of this company before my research. The company is active in the (sports) boat sector and is regarded as a leading manufacturer in this field. They sell boat electronics and drives as well as "finished" boats, from inflatable boats to large yachts.

Sales growth over 5 years: 9.4 % p.a.

Profit growth over 5 years: approx. 14 % p.a.

Plus a dividend yield of currently 2%.

Despite a cyclical industry, profit stability is 0.84.

That is strong. In addition, the share is currently trading at the level of 2022.

The leisure boat market is generally resilient and is also forecast to grow by around 5% p.a. Exciting niche value in my view.

Churchill Downs Incorporated (horse racing tracks)

$CHDN (+0,37 %) Churchill Downs operates horse racing tracks, casinos and betting facilities. They host the famous Kentucky Derby at their racetrack. In itself fun for young and old, although the cliché probably focuses more on the older customer. An exciting candidate that can also remain interesting for young customers due to its segments.

The figures are a real treat:

Sales growth over 5 years: approx. 16 % p.a.

Profit growth over 5 years: approx. 22 % p.a.

Despite strong price growth, the share is fundamentally fairly valued according to my research and still offers some potential due to the growth prospects.

If I wasn't already heavily invested in gambling, this would be a hot candidate for me.

Animal welfare is of course a critical point here. But please remember: This is supposed to be about shares and investments, not about moral debates.

Acushnet Holdings Corp

If horse racing is too exciting for you, you can take a look at Acushnet Holdings Corp. $GOLF (+0,74 %) . As the ticker says, it's all about golf (products). The company sells everything related to the sport.

And they have an impressive 14/15 points in the Traderfox quality check.

If you ask around in golf, you know how expensive the equipment can be. And the sport can be played well into old age.

Unfortunately, the candidate wasn't included in the share finder, so I haven't included that many key figures for you here. If you are interested, you can research the company in more detail (and perhaps share your findings here?).

3. medical care

Having dealt with two positive areas, we will now turn to the other side of the coin of ageing: the increased need for medical care. There is, of course, a wide range of companies here. I have brought along two candidates that I have repeatedly come across in my research:

Resmed

$RMD (+1,06 %) Resmed's main business lies in the treatment of sleeping disorders and respiratory diseases. However, a second - currently small - segment is very exciting for the trend discussed here: software solutions, which include remote monitoring tools to make patient care more efficient. There are not only more old people - there are also fewer young people. There will certainly be resource bottlenecks (shortage of specialists) when it comes to covering the increasing need for treatment. Efficiency-enhancing options are important here.

Resmed's main business is developing magnificently. Another strong branch could be established with Software Solutions. A very exciting candidate for me.

The figures:

Sales growth over 5 years: 12.6 % p.a.

Profit growth over 5 years: 21 % p.a.

Was still very cheap six months ago. Will be on my watch list. I will get in if there is a setback.

Stryker

I have been looking for alternatives to $SYK (+0,4 %) Stryker for a long time, as Stryker is probably not one of the "second glance" profiteers. They are simply too well known for that. But there's no getting around the company. Even when I was specifically looking for specialists in hip and joint implants, no other company could come close to matching the quality of Stryker's figures. In the event of a setback, I would consider buying in. Or do you know of any alternatives?

4. nursing & patient care

Let's move on to the last category: care. Sooner or later, you will need care in old age. Care is not only provided on an inpatient basis, but also on an outpatient basis. You will no doubt have seen various small cars from outpatient care services in cities. There are no monopolistic structures here; there are many small providers on the market. So how can you benefit from care? I looked around for "shovel manufacturers":

Nexus AG

$NXU (+0,07 %) Nexus AG is a company for software systems for hospitals, care centers and medical practices. They optimize processes there and aim to improve patient care. In my view, this is more exciting than, for example, a player from its US counterpart ($MCK (+0,48 %) ), as Europe is more affected by demographic change than the USA. And Nexus AG has not yet performed as strongly as McKesson recently.

Estimated sales growth of just under 13% p.a., estimated earnings growth of 26% p.a.

For me, it is on the watch list alongside McKesson.

Cintas

The company $CTAS (-0,19 %) specializes in workwear and textiles. As boring as it sounds, the figures are impressive, as is the performance. Congratulations to all those who got in early.

In my view, the company is interesting because everyone involved needs (clean) workwear to create (care) value. And with blue-collar jobs like this, there is probably little risk that AI will make them obsolete in the next few years. After all, the company is not only active in the care textile industry.

However, despite its high quality, the company is far too expensive in my view. A P/E ratio of 44 with sales growth of <10% p.a. is high.

But: The company is also subject to a certain cyclicality. I will definitely put it on my watch list - I will get in if there is a significant setback.

That's it, my ride through the demographic stocks.

Now it's your turn:

• Which companies do you think will benefit from demographic change?
• What effects do you see?

If you don't have an opinion on this, I would be delighted to receive any feedback on my article:

• Was it too short? Too long?
• Did you miss something?
• How could I make my posts more interesting overall?

I'm looking forward to your comments.

Your Money Man

Hello,

I would like to take this opportunity to present my portfolio to you.

I use Bitcoin to save money that will not be inflated away and is not an investment for me, but something I use to save.

I don't care about the ups and downs. In the long term (<4 years) there is only one direction.

For the rest, I use something like a core-satellite strategy. For the core, I save the $VWRL (+0,11 %) and SQBCSU, which unfortunately is not tracked on Getquin (performance in the portfolio +10.5%). In addition $SPYD (+0,15 %) saved regularly.

The savings plan also includes a few individual stocks $SLHN (+0,05 %) , $ACLN and $CTAS (-0,19 %) are included.

I believe that an 80% $BTC (+1,25 %) of the remaining 20% 70/30 in Core / Satellite will clearly outperform standard portfolios in the long term.

The goal is to have a Bitcoin at the age of 30 and to have 50k in Core and Satellite. (Still 5 years to go)

I look forward to your opinions🐇✌🏻

Share analysis/share presentation ⬇️

Today we are talking about the company Cintas: $CTAS (-0,19 %)

What is Cintas and what does it do?

Cintas is a company that specializes in workwear and industrial hygiene services. They offer a wide range of products and services, including workwear, protective clothing, carpet and floor cleaning, as well as hygiene solutions for companies. Cintas focuses on quality, reliability and customer service to help their customers create a safe and clean working environment. They operate in various industries such as healthcare, hospitality and manufacturing. Cintas strives to meet the needs of their customers and help them succeed.

Market capitalization:

Cintas currently has a market capitalization of around 63.1 billion euros.

Strengths of the share:

Some strengths of Cintas:

- Wide range of products and services: Cintas offers a variety of products and services, including workwear, protective clothing, carpet and floor cleaning and hygiene solutions. This wide range enables them to meet the different requirements of various industries.

- Quality focus: Cintas places great emphasis on quality in all aspects of their business. They ensure that their products and services meet the highest standards to provide their customers with a reliable and long-lasting solution.

- Customer Service: Another important aspect that Cintas is strong in is customer service. They work closely with their customers to understand their individual needs and provide customized solutions. Their aim is to provide their customers with a first-class service and build a long-term partnership.

- Industry knowledge: Cintas has extensive knowledge and experience in various industries, including healthcare, hospitality and manufacturing. This industry knowledge enables them to understand specific challenges and requirements and offer customized solutions.

- Sustainability: Cintas has also demonstrated a strong commitment to sustainability. They are committed to environmentally friendly practices, such as using eco-friendly cleaning products and promoting the recycling of workwear. This demonstrates their commitment to acting responsibly and helping to protect the environment.

Weaknesses of the share:

Here are some weaknesses of Cintas:

- Pricing: One potential criticism is that Cintas' products and services may be slightly more expensive than others on the market. This could be a challenge for some companies with limited budgets.

- Limited geographical coverage: While Cintas is a large company, their geographical coverage may be limited. This means that they may not be available in all regions or countries, which could be problematic for businesses with locations outside of their service area.

- Dependence on contracts: Cintas often works with contracts, particularly in the area of long-term workwear rental agreements. This can be a limitation for companies looking for more flexible options.

- Limited product customization: Although Cintas offers a wide range of products and services, customization can be limited. For companies that have very specific requirements or are looking for customized solutions, this could be a weakness.

- Competition in the market: The workwear and occupational hygiene market is competitive and Cintas is in competition with other suppliers. This means that companies may consider alternative options and not always consider Cintas as their first choice.

A little more about the business model:

Cintas is a leader in workwear, industrial hygiene and facility services. Its business model is based on providing high quality products and services to help companies protect their employees, strengthen their brands and improve their operations.

Cintas offers a wide range of workwear, including uniforms, protective clothing and specialty clothing that meets the specific needs of different industries. They ensure that the clothing meets safety standards and provides the comfort and functionality that employees need. In addition, Cintas also offers workwear rental and laundry services to save companies time and resources.

Another important aspect of Cintas' business model is occupational hygiene. They offer solutions such as hand hygiene, dust control mats, air freshening and waste disposal to keep businesses clean and safe. These services contribute to the health and satisfaction of employees and create a pleasant working environment.

In addition, Cintas offers facility services to help companies manage their operations efficiently. This includes services such as building cleaning, carpet cleaning, pest control and fire protection. By outsourcing these tasks to Cintas, companies can focus their resources on their core competencies while ensuring that their facilities are clean, safe and in compliance with regulations.

A little more about the industry:

The industry Cintas operates in encompasses various areas such as workwear, industrial hygiene and facility services. It is a fast-growing industry as companies increasingly focus on the safety and well-being of their employees. Workwear and hygiene solutions are essential to ensure the health and productivity of employees. In addition, the facility services industry offers companies the opportunity to make their operations more efficient and focus on their core business. Cintas is positioning itself as a leader in this industry, focusing on quality, customer service and customized solutions for its customers.

When and where was Cintas founded?

Cintas was founded in 1929 by Richard T. Farmer in Cincinnati, Ohio, USA. The company began as a small family business and has since grown into a global leader in workwear, industrial hygiene and facility services. Cintas is known for its high-quality products and excellent customer service. Today, with over 500 locations in North America and Europe, Cintas is an established name in the industry and continues to focus on innovation and quality to meet the needs of its customers.

Cintas' goal:

Cintas' goal is to help its customers make their workspaces safer, cleaner and more productive. The company places great emphasis on quality, customer service and customized solutions. Cintas offers a wide range of products and services, including workwear, industrial hygiene and facility services. By providing high-quality workwear and hygiene solutions, Cintas helps companies to promote the health and well-being of their employees. In addition, Cintas offers facility services to help companies optimize their operations. Cintas' goal is to help its customers succeed and achieve their goals.

Your opinion:

Now I would like to hear your opinion on this share in the comments.

What do you think of Cintas and were you already familiar with this company?

Do you perhaps already have the share in your portfolio?

Please let me know in the comments.

This is of course not investment advice but just my own opinion that I would like to share with you.

A compact summary of the coming week:

Monday

• New home sales (February)

Tuesday

• Durable Goods Orders (February)
• S&P Case-Shiller Home Price Index (January)
• Consumer Confidence (March)
• Quarterly results from McCormick & Co. ($MKC (+0,28 %) ), TD SYNNEX ($SNX (+0 %) ), GameStop ($GME (+0,39 %) ) and nCino Inc. ($NCNO (+0 %) )

Wednesday

• Quarterly results from companies like Cintas ($CTAS (-0,19 %) ), Paychex ($PAYX (+0,6 %) ), Carnival ($CCL (-0,64 %) ) and Jefferies Financial Group ($JEF (+0 %) )

Thursday

• Initial unemployment claims (week ending March 23)
• GDP of the USA - second revision (fourth quarter)
• Chicago
  Business Barometer (March)
• Pending home sales (February)
• Consumer Sentiment - final (March)
• Quarterly results from Walgreens Boots Alliance ($WBA (+0,16 %) ), MSC Industrial Direct ($MSM (+0,76 %) ) and BRP Inc. ($DOO (+0,22 %) )

Friday

• ⚠️Märkte are closed: Karfreitag⚠️
• Publication of the Personal Consumption Expenditures (PCE) index (February)
• Advanced US trade balance (February)
• Advanced Retail inventories (February)
• Advanced Wholesale stocks (February)