I am finding a lot of
really undervalued companies in France and Italy at the moment.
Not exact matches
That's when a
company appears to be merely
undervalued but
really is in a death spiral.
For example, a horse drawn carriage
company one hundred years ago would have been
really undervalued based on the Graham's formula.
This vividly illustrates how
undervalued these
companies really are:
I found the
company running a FT screener and I was amazed, it seemed an excellent
company really,
really undervalued.
I'm a huge fan of German property as it's significantly
undervalued in a global context, it never
really participated in the asset / property inflation of the 2000s, I believe there's a secular trend to increase property ownership in Germany and current Bund yield trends are immensely supportive of German property
company financials and valuations.
But this
really makes no sense... Management has rapidly grown the
company, is committed to shareholder value & has increased NAV significantly, has been financially prudent, and has assembled a portfolio that looks significantly
undervalued vs. its peers.
As I have no particular competence in valuing Oil & Gas E&P
companies, I
really can't determine whether SD continues to be significantly
undervalued.