Uniform Accounting highlights RSG’s Adjusted EPS is weak, and valuations are even more aggressive than as-reported metrics suggest

• RSG’s traditional EPS is materially distorted by the age of their assets and the resultant depreciation charges

• After making the appropriate UAFRS adjustments, EPS’ was significantly lower than as-reported EPS last year, and will continue to be lower going forward

• At current valuations, RSG is not undervalued with a 0.87x PEG that as-reported metrics suggest, but instead a 3x PEG, a very premium valuation that may not be justified

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Submitted May 08, 2017 at 09:29PM by Valens_Research http://ift.tt/2ptciCr