Sentences with phrase «cash holdings relative»
Tobias found that gross profit to asset ratio was superior to Joel Greenblatt's return on invested capital since it avoided picking up small companies with large cash holdings relative to their size.
http://www.fatpitchfinancials.com/ Not exact matches
Germany currently sits at a 15 % historical price - to - earnings discount to the eurozone and at a 32 % discount relative to the U.S. (Source: MSCI) According to Bloomberg, German companies also have strong balance sheets, holding approximately one - quarter of Europe's cash.
We have developed a separately managed account holding 25 stocks with the highest relative amount of cash relative to market cap.
Now, if market participants were to shift to a passive approach in the practice of asset allocation more broadly — that is, if they were to resolve to hold cash, fixed income, and equity from around the globe in relative proportion to the total supplies outstanding — then we would expect to see a similarly positive impact on the market's absolute pricing mechanism, particularly as unskilled participants choose to take passive approaches with respect to those asset classes in lieu of attempts to «time» them.
Also plotted is the downside return relative to cash or money - market, since while these funds have held up fairly well on absolute terms, on relative terms the potential for under - performance is quite clear.
Germany currently sits at a 15 % historical price - to - earnings discount to the eurozone and at a 32 % discount relative to the U.S. (Source: MSCI) According to Bloomberg, German companies also have strong balance sheets, holding approximately one - quarter of Europe's cash.
Most firms will sell to strangers — Children today feel less pressure to run the family business, and even those that want to often find it tough to come up with the cash to pay off parents or other relatives who hold shares in the firm.
In effect, does the relative return manager assume the investment risk of owning the overvalued FANGs or assume the career risk associated with holding cash?
Because of the increasing level of cash flows necessary to service the debt relative to the economic yield on the assets, it doesn't take much fluctuation to make the most marginal borrowers question whether they can hold onto the assets.