Defensive stocks,
hello, I want your opinion on my search method.
Size in Sales (100% ⇒ 500 Million) 0
Earnings Growth (100% ⇒ 33% Growth)0
XNYS OR XNAS
I exclude financial institutions, public utilities, REITs
I have 61 companies that apply the same defense standards, with the exception of profit growth and volume in sales
I found 20 companies that have a competitive advantage, and the rest of the companies unfortunately, but I will be very nice and follow them every year. I will see who can come to the list of A or B.
The comparison method was as follows. Profit growth + sales volume / 2
In the list of A
1-AIN
2-KBH
3-NKE
4-UFPI
5-LEN
6-EXPD
7-TXN
8-GWW
9-RS
10-NUE
In the list of B
1-CMC
2-WOR
3-GGG
4-WST
5-WSO
6-FAST
7-GNTX
8-AIT
9-SNA
10-TXT
Submitted by Omar_H. Created on Monday 4th September 2023. Updated on Monday 4th September 2023.
Power Law?
Dear Omar_H,
Thank you for your comment!
Presumably, you're referring to Thiel's Power Law.
As discussed above, GrahamValue does not recommend diluting Graham's requirements. Applying Graham's framework today would require Sales and Total Assets of 700 million and 350 million respectively for Defensive grade stocks.
Update
If you were referring to Customized Screening Strategies, they were simply some examples of how to apply additional requirements to Graham's framework. GrahamValue does not actually recommend anything apart from Graham's requirements.
Thank you again for your comment!
I have a question, I
First, I searched and chose the United States, then I chose XNYS or XNAS, and I found that there are companies whose headquarters are outside the United States. How do I exclude them?
Found : SVA
Country:CN
is headquartered in China.
Countries (HQ) Filter
Dear Omar_H,
Thank you for your comment!
This is already covered in the Video Tutorials. Please use the Countries (HQ) filter on the Advanced Graham Screener.
Thank you again for your comment!
Hello, I have a question
Hello, I have a question
Sixteen Factors for Making Money in Stocks by Walter Schloss
Use the value of the book as a starting point to try to determine the value of the organization. Make sure the debts are not equal
100% of ownership rights
(Capital and surplus of joint company shares).
The meaning of this speech
I'm looking for companies that are less than 100%
Or higher on this site
Factor #3
Dear Omar_H,
Thank you for your comment!
That particular point is #3 in the Sixteen Factors To Make Money In Stocks by Walter Schloss, and essentially talks about ensuring that stocks have sufficient Book Value to justify their price.
Both the Defensive and Enterprising grade rules in Graham's framework include such checks for Book Value.
Thank you again for your comment!
When Graham Value's rating
When Graham Value's rating ratio is above 100%, it means that the company's debt exceeds its equity. This may indicate that the company faces greater financial risks and that it relies heavily on debt to finance its activities.
Equity:Debt
Dear Omar_H,
Thank you for your comment!
The Graham Ratings on GrahamValue are defined such that they're better when higher, and that Graham's Defensive requirements default to 100%.
The [2 x Equity] ÷ Debt rating is based on Graham's recommendations for "stock equity" or "stock capital".
The rating is calculated as:
Thank you again for your comment!
I will search for companies
I would look for companies with debt-to-equity ratios greater than 100%. I will not look at companies that are less than 100%. I really am not a fan of companies that have a lot of debt, especially long-term debt.
Regarding some companies, the date of attaching financial statements, I find that there are companies from the year 2021 that did not attach the year 2022 or 2023. What is the problem with these companies?
Also, thank you for your help, and I have become a strong believer in what Benjamin said, really very strict principles.
Debt-to-Equity < 100%
Dear Omar_H,
Thank you for your comment!
Please note that if you're using the standard Debt-to-Equity (D/E) Ratio, you would need to look for values less than 100% to meet the above requirements.
Companies that have not been updated on GrahamValue may have been delisted, but they are retained in the database for the record. They are clearly market as out-of-date.
Thank you again for your comment!
I misunderstood
I used to think that if the debt-to-equity ratio was higher than 100%, the company would be better
Now I understand why I should look for companies whose debt ratio is less than 100%.
Walter Schloss's advice should really be taken into account and paid close attention to
I found a lot of companies that have a very high percentage. Oh my God, how can someone invest in such companies?