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ADS - Alliance Data Systems Corporation(NYSE:ADS $52.76...

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Alliance Data Systems Corporation (NYSE:ADS - $52.76) February 27, 2008 Phillip Knotts
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Source: Bloomberg, Reuters, Yahoo Finance, Morningstar, Google Finance, Capital IQ ADS – Data Summary Market Cap: 4.1B Dividend Yield: NM Shares Outstanding: 79M Total Debt to Assets 31.5% Forward P/E: 10.6x Insider Ownership: 1.8% 52 Week Range: Institutions: 89.3% High $80.79 Low $39.54 Beta Estimate: 0.79 Short % of Float 14.5%
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ADS - Price Chart Source: Google Finance $30.00 $40.00 $50.00 $60.00 $70.00 $80.00 $90.00 Feb-07 Mar-07 Apr-07 May-07 Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 PRICE 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 VOLUME (000s)
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Business Overview Alliance Data Systems Corporation, together with its subsidiaries, provides transaction, marketing, and credit services in the United States, Canada, and internationally. Its transaction services consist of card processing, billing and payment processing, and customer care; customer information system hosting; and merchant bankcard services. The company’s marketing services include coalition and stand alone loyalty; and strategic consulting and creative, analytical and interactive delivery, and data and database services that combine database marketing technology and analytics with a range of direct marketing services, including email marketing campaigns. Alliance Data’s credit services comprise underwriting and risk management, merchant processing, and receivables funding. Alliance Data has a client base in excess of 600 companies, consisting mostly of specialty retailers, petroleum retailers, utilities, supermarkets and financial services companies. Source: Company data
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Business Overview Alliance Data’s earnings are reported under three core business segments: Transaction Services : Facilitates and manages transactions between its clients and their customers through its highly scalable processing systems. Credit Services : Provides a fully integrated suite of credit services geared toward helping clients build more loyal customers, increase sales, and extend their brand. Marketing Services : Creates and manages loyalty programs that successfully result in securing more frequent and sustained customer purchasing over the long term. Source: Company data Marketing services 41% Credit services 30% Transaction services 29% Marketing services 40% Credit services 47% Transaction services 13% Sources of Revenue Sources of EBITDA
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Business Overview Source: Company data Retail Services : Manage over 80 private label and co-brand card programs for leading U.S. retailers including Victoria’s Secret, Ann Taylor, J. Crew, Pottery Barn and New York & Company. Utility Services : Provide over 50 utilities across North America Business process outsourcing, application management, systems integration, etc. Network Services : Process billions of transactions per year and offer unparalleled response times and reliability through a design that includes a high-speed network backbone, fully redundant facilities and a proactive network monitoring system.
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This document was uploaded on 10/07/2008.

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ADS - Alliance Data Systems Corporation(NYSE:ADS $52.76...

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