Rollins

The 200-day line of $ROL (+0,21 %) is located at € 43.00. The share is currently correcting

when would you make your first purchase here?

I have had the share on my watchlist for a long time

but always seemed too expensive to me

VG

Rollins 🪳🪤🐁

Pests such as termites, rodents, mosquitoes and other insects form the basis of Rollins' business. Rollins is an international specialist in pest control.

Founded in 1948, the company has a 20% market share in North America and serves 2.8 million customers. The business model sounds boring, but it is lucrative.

Sales have grown by an average of 10% per year in recent years. Since over 80% of sales are recurring and pests need to be controlled in both good and bad times, the business appears to be very solid.

The dividend yield is 1.24%. Rollins manages the feat of a steadily growing dividend. It pays a dividend 4 times a year. The payout months are March, June, September and December. Unfortunately, just paying attention to the dividend is not enough.

With a P/E ratio of 51.9, the share is anything but cheap, but given the business model and sales figures, it is an interesting opportunity for a long-term investment.

Is the share valued too high or is it still worth buying in?

$ROL (+0,21 %)

This month, 3 new positions will be added to the children's portfolio.

Unfortunately, my savings plans will not be executed until the middle of the month. Tr asked for this because otherwise @Simpson are otherwise overwhelmed. He executes his savings plans at the beginning of the month.

The new additions are

$DIS (-0,38 %)

$BRK.B (+0,22 %)

$ROL (+0,21 %)

What do you think of the selection?

Basically, the Kinderdepot is about dividends.

Some people will say why... Growth stocks make much more sense.

It may be anything. Berkshire will be the third non-dividend-paying stock alongside Gold and Drone Shield 😉.

But I just love dividends 😉

⚠️⚠️⚠️Breaking News⚠️⚠️⚠️

ATTENTION to all who have a deposit with Trade Republic, today more than 100 savings plans will be executed with me, the real offensive starts at 15.30 and can take up to 4 hours, as there may well be "massive" "failures" and "delays" during this time, I ask you to keep calm, take a deep breath and not to bombard Trade Republic customer support with inquiries. Thank you very much 😁

As far as the Ultimate Homer "ETF" is concerned, many new stocks were added in September 😁

In since September 2

🇺🇸Chipotle $CMG (+0,64 %)

🇺🇸Costco $COST (+0,3 %)

🇺🇸Domino's Pizza's $DPZ (-0,13 %)

🇺🇸Texas Roadhouse $TXRH (-0,05 %)

🇺🇸TransDigm $TDG (-1,89 %)

Newly launched today

🇺🇸Booz Allen Hamilton Holding
$BAH (+0,1 %)

🇺🇸Blackstone $BX (+1,7 %)

🇺🇸KKR & Co
$KKR (+0,54 %)

🇺🇸Vulcan Materials
$VMC (+0,75 %)

🇺🇸CSX $CSX (-0,29 %)

🇺🇸Carrier Global $CARR (-0,51 %)

🇺🇸Hilton Worldwide $HLT (+0,25 %)

🇺🇸Merck & Co $MRK (+0,42 %)

🇺🇸Moodys $MCO (+0,24 %)

🇺🇸Rollins $ROL (+0,21 %)

🇺🇸Toll Brothers $TOL (-0,65 %)

🇺🇸Watsco $WSO (+0,25 %)

🇺🇸Cardinal Health $CAH (-0,02 %)

🇺🇸Colgate Palmolive $CL (+0,06 %)

🇺🇸Emerson Electric $EMR (+0,49 %)

🇺🇸Nordson $NDSN (-0,08 %)

🇬🇧BAE Systems
$BA. (-0,47 %)

🇬🇧RELX
$REL (+0,21 %)

🇬🇧Bunzl
$BNZL (+0,1 %)

Due to the poor forecast for $RTO (+1,28 %) it also pulls $ROL (+0,21 %) sometimes

$RTO (+1,28 %) is cutting jobs and expects a decline in sales

I find the industry very exciting and would be pleased if $ROL (+0,21 %) continues to fall

VG

$ROL (+0,21 %)

Figures for the 2nd quarter just ended

Key highlights

• Second quarter revenue amounted to 892 million dollars, an increase of 8.7% compared to Q2 2023, with organic revenue* increasing by 7.7%.

• Quarterly operating income was $182 million, an increase of 17.8% compared to the second quarter of 2023. Quarterly operating margin was 20.4%, an increase of 150 basis points compared to the second quarter of 2023. Adjusted operating income* was $187 million, an increase of 16.6% compared to the prior year. Adjusted operating profit margin* was 20.9%, an increase of 140 basis points year-over-year.

• Adjusted EBITDA amounted to 210 million dollars, an increase of 15.3% compared to the previous year. Adjusted EBITDA margin* was 23.6%, an increase of 140 basis points compared to the second quarter of 2023

• Quarterly net income amounted to 129 million dollars, an increase of 17.5% compared to the previous year Adjusted net income* amounted to 132 million dollars, an increase of 16.7% compared to the previous year

• Quarterly EPS was $0.27 per diluted share, an increase of 22.7% over prior year EPS of $0.22. Adjusted EPS* was $0.27 per diluted share, an increase of 17.4% over the prior year.

• Operating cash flow for the quarter was $145 million. The company invested $35 million in acquisitions, $9 million in capital expenditures and paid dividends totaling $73 million.

Management Comment

"Our team delivered a strong second quarter with organic growth of 7.7 percent and an improved margin profile," said Jerry Gahlhoff, Jr, President and CEO. "Demand for our services remains strong and our pipeline for acquisitions is robust. Our results in the first six months of the year position us to deliver another year of healthy growth in 2024, and we are focused on continuous improvement to drive profitability across our organization. I would like to thank our team for their continued commitment to our customers," added Mr. Gahlhoff.

"It was encouraging to see a solid revenue and profitability performance in the quarter," said Kenneth Krause, Executive Vice President and CFO. "In addition to the growth Jerry mentioned, our team delivered strong margin improvement with a 140 basis point improvement in EBITDA margins and strong incremental EBITDA margin performance. We continue to invest in our team and other resources aimed at capitalizing on a healthy market environment to drive further growth in our business," concluded Mr. Krause.

$ROL (+0,21 %)

Just had a pest control service here to have a wasp nest removed (again). The good man didn't come from Rollins, but he backed up my investment case in conversation anyway:

• strong increase in orders, especially in the last 10 years
• at the moment they could work 24/7 and still not be able to take on all orders
• ongoing urbanization and population growth will lead to even more orders
• extremely high demand has driven up prices for services enormously

All in all, it is simply a growth market as it is written in the book and there seems to be no end in sight.

Company presentations/individual shares/alternative investments and much more. 😉

Presentations:

• Alimentation Couche-Tard $ATD (+0,24 %) - https://app.getquin.com/de/activity/EFpkdvafIX
• American Electric Power $AEP (+0 %) - https://app.getquin.com/activity/QvWcQyBjVI
• Nevada Lithium Resources $NVLH (+3,92 %) - https://app.getquin.com/activity/PsKSiDnzoA
• Depot update with UFP Industries $UFPI (-0,12 %) - https://getqu.in/iF7gsW/
• Service Corp. $SCI (+0,61 %) - https://app.getquin.com/de/activity/VnBlzyVBWt
• Vici $VICI (+0,05 %) - https://app.getquin.com/activity/kQlzTleLvb
• Weyerhaeuser $WY (+0,22 %) - https://app.getquin.com/activity/dQhUxgWTE
• Wienerberger $WIE (-0,38 %) - https://app.getquin.com/de/activity/rslGhWTgOs

News about the following companies:

Alimentation Couche-Tard $ATD (+0,24 %)

• Takeover intentions Seven & I. https://app.getquin.com/de/activity/EFpkdvafIX

Capital One $COF (-0,29 %)

• Profit increase in 3rd quarter 24 https://app.getquin.com/de/activity/kweHccypfT

Norwegian Air Shuttle $NAS (-0,64 %)

• September figures https://app.getquin.com/de/activity/sOsoCWBORt
• August figures https://app.getquin.com/de/activity/pzyfPhUIBy
• July figures https://app.getquin.com/de/activity/vAvRZIagOo

Old Republic International $ORI (+0,23 %)

• Operating result for the 2nd quarter https://app.getquin.com/de/activity/hZiVyxmCto
• 3rd quarter figures 24 https://app.getquin.com/de/activity/XAtjqmzRNH

Rollins $ROL (+0,21 %)

• Figures for the 2nd quarter https://app.getquin.com/de/activity/xxChwrYiAZ

SoFi Technologies $SOFI (+1,86 %)

• Acquisition of Galileo's Cyberbank Core - https://app.getquin.com/de/activity/tMFikeUtTO

Union Pacific $UNP (+0,46 %)

• 3rd quarter results 24 https://app.getquin.com/de/activity/erHYMQMslG

Alternative Investments:

• Group investment in start-ups - https://app.getquin.com/activity/JuBXeMoSAA

Opinion on $ROL (+0,21 %) , currently a buy?