The comparatively small rise in European stock prices since 2009 has resulted in much more
attractive valuation levels than in the U.S., both at the security and Index level.
A small - and mid-cap fund that seeks companies with compelling business models, strong management teams, and
attractive valuation levels.
For some time we have believed that businesses with a narrower range of outcomes, or stable businesses, have been bid - up as bond substitutes, while businesses with a more cyclical profile have fallen to more
attractive valuation levels.
The company's strengths can be seen in multiple areas, such as its notable return on equity,
attractive valuation levels, expanding profit margins, good cash flow from operations and increase in stock price during the past year.
Not exact matches
«
Valuations are at extremely
attractive levels considering bond yields and low inflation expectations.
The correction has brought the S&P 500 Index to a more
attractive level, compared to its 30 - year average of 16.7 x, and this means that the S&P 500 Index
valuation has reached an
attractive level, given 10 - year Treasury yields that now are below 3.00 %.
Attractive valuations, favourable demographics and greatly improved corporate governance
levels have led to Asia emerging as the ideal hunting ground for equity investors.
This isn't to say that stocks can't deliver adequate returns between now and some narrow set of future dates, but to expect that stocks purchased at these
levels will deliver
attractive long - term returns in general requires the assumption that current
valuations will remain elevated into the indefinite future.
«In our opinion, these
valuation levels are
attractive relative to historical trading ranges and the overall market.»
That may be true over the long term, but
valuations have reached a
level (numerous 10 % + free cash flow yields) where there could be some
attractive investment opportunities.
They each lasted for more than 15 years, they each ended at extremely
attractive levels of
valuation (generally about 7 - 9 times trailing 10 - year earnings), and, and they each endured many years of growing volatility in output and inflation, which eventually created the mindset for investors to price stocks at
attractive levels of
valuation.
By focusing on finding
attractive businesses trading at cheap
valuation levels, the VIIR (Value Investing India Report) portfolio massively outperformed the Nifty.
This article explains why local currency emerging market bonds are
attractive relative to historical
valuation levels as well as current developed market opportunities.
Generally speaking, we will sell a stock for one of four reasons: (1) the safety of the dividend payment has come into question due to unexpected fundamental weakness; (2) the company's long term earnings power appears to have become impaired as a result of new competition, secular changes, etc; (3) the stock's
valuation reaches seemingly excessive
levels; or (4) we have a new stock idea with a more
attractive valuation and fundamental outlook.
On other hand,
valuation does look
attractive at today's
levels.
With charts like this, looking at relative
valuation, you can expect some «mean reversion» over time and you have to make a judgement about what you think is an appropriate
level of premium / discount, and in turn, what you think is an
attractive level.
Given the current high
level of dispersion in profitability across companies, many high - quality companies are trading at reasonably
attractive valuations.
Each and every Sunday, Undervalued Dividend Growth Stock of the Week features a company that offers sound fundamentals, a reasonable
level of debt, a strong balance sheet, a rock - solid history of increasing its dividend, and of course, an
attractive valuation.
I'm still well over 50 % cash at this point and plan to continue holding more or less this
level of cash until market
valuations become more
attractive.
«With
valuation clustered together, we believe there are
attractive relative value opportunities where companies with different fundamentals are trading at very similar
valuation levels.»