DTS, Inc.

  • Is Dolby as Cheap as it Seems?

    By Steve Symington - December 12, 2012 | Tickers: AMZN, CMGE, DLB, DTSI | Editor's Choice

    As a starting point in my continuous search for new ideas, I often look for companies with strong earnings yields and great returns on invested capital.  Why?  Companies with high returns on invested capital generally possess durable competitive advantages and demonstrate a knack for creating value for shareholders.  When these companies also sport good earnings yields, they represent great potential opportunities for investors to beat the market.  

    Skeptical?  You don more »

  • Two Coins Tossed the Other Way

    By William Bias - August 10, 2012 | Tickers: DLB, DTSI, MSFT

    In the article, Dolby - A Solid Brand with Solid Fundamentals, I talked about 4 coin toss directions that could make or break Dolby (NYSE: DLB). 1) Microsoft’s (NASDAQ: MSFT) agreement to include Dolby technology in Windows 8 computers will flop due to lack of adoption for the new Windows 8 operating system. 2) Dolby’s underperformance in its product division could continue. 3) There will be increasing competition from DTS, Inc. (NASDAQ: DTSI). 4) Obsolescence of products that utilize Dolby’s technology such as the decline of DVD and Blu-ray sales. The earnings announcement that came out Aug. 2 confirms that two of the coin tosses went in the wrong direction at least temporarily.

  • Dolby - A Solid Brand With Solid Fundamentals

    By William Bias - July 20, 2012 | Tickers: DLB, DTSI, MSFT

    I remember when I was about 17 years old my Dad gave me my first car. It was an 88 Oldsmobile Cutlass Calais. It was the family car that he had decided to hand down to me while he went and bought a new one. I remember it had an AC Delco radio with a Dolby (NYSE: DLB) Cassette Player in it. I remember how good the sound was coming out of the speakers. I remember listening to the Dolby sound systems in some of the theaters as well. In time I began to associate the Dolby emblem with sound quality. This brand recognition coupled with excellent fundamentals will make this company a superior long-term investment. >>More

  • Dolby Offers the Magic Formula

    By Tom Gibbs - May 9, 2012 | Tickers: DLB, DTSI, MSFT, SRSL

    As explained in a recent article, there is no investing technique that works successfully (with known certainty) in every market situation.  There are, however, certain ways to think about investing that tend to lead to higher-than-average returns over the long run.  Joel Greenblatt's Magic Formula Investing strategy, for example, actively seeks out efficient assets -- those that generate higher-than-average returns -- and seeks to purchase those assets inexpensively. 

    Greenblatt's own more »

  • Dolby Deserves a Second Listen

    By Tom Gibbs - January 16, 2012 | Tickers: DLB, DTSI

    As explained in a recent article, there is no investing technique that works successfully (with known certainty) in every market situation.  There are, however, certain ways to think about investing that tend to lead to higher-than-average returns over the long run.  Joel Greenblatt's Magic Formula Investing strategy, for example, actively seeks out efficient assets -- those that generate higher-than-average returns -- and seeks to purchase those assets inexpensively. 

    Greenblatt's own more »