Another screen for cheap but fundamentally strong Bursa packing companies

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#1
Warren Buffett has his wonderful companies at fair prices. I don’t I am at that stage so I focus on fundamentally sound companies at cheap prices.

My screen for fundamentally sound is to look for ROE > 10 % and cheap is when PBV < 1 for brick-and-mortar companies.

Packaging companies are certainly brick-and-mortar ones. There are over 20 odd Bursa packaging companies and a scattergram of ROE vs PBV shows the following.

[Image: Packaging-ROE-vs-PBV.png]

For those who read my article yesterday of the PE vs PBV screen, I think the above scattergram is a better option.

Of course, these are screens and there is nothing like doing detailed analysis as per my New Toyo.
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)