Skip to content
New Constructs
  • Get Access
    • Individual Investors
    • Professional Investors
    • Free Resources
  • Solutions
    • Indices
    • Stock Ratings
    • Credit Ratings
    • Sector Ratings
    • ETF & Mutual Fund Ratings
    • Earnings Distortion Scores
    • Model Portfolios
    • Long & Short Idea Research
    • Macro Fundamental Research
    • Portfolio Tracking & Alert Emails
    • Screening Tools
    • API
    • Excel Add-In
    • Company Models
    • Marked-Up SEC Filings
    • Research Blog
    • Fundamental Data Products
      • Core Earnings & Earnings Distortion
      • Reported Fundamentals
      • Proprietary Adjusted Fundamentals
      • Value Screens/Metrics
      • Enhanced Value Screens/Metrics
  • Blog
  • Community
    • Online Community Forum
      • Join our Online Community
    • Live Video Podcast (Free)
    • Let’s Talk Long Ideas (Members Only)
    • YouTube Channel
    • Education
      • Free Training Sessions
      • Value Investing 2.0
      • Metrics Definitions
      • Rating Methodologies
      • Accounting Loopholes
      • FASB Tracker
      • Company Models
  • Company
    • About Us
    • Customer Testimonials
    • Partnerships
    • Papers & Case Studies
      • Proven-Superior Models
      • Proven-Superior Stock Ratings
      • Novel Alpha in our Proprietary Data
    • Robo-Analyst Technology
    • News & Media Coverage
    • Stock Picking Accolades
    • Careers
  • Members
September 1, 20210Comments

All Cap Index & Sectors: Free Cash Flow Yield Through 2Q21

This report analyzes free cash flow (FCF), enterprise value, and the trailing FCF yield for the NC 2000.
by Kyle Guske II, Senior Investment Analyst, MBA
Model Portfolio
September 1, 20210Comments

Focus List Stocks: Long – Update 9/1/21

We’ve made the following update to our Focus List Stocks: Long Model Portfolio as of September 1, 2021.
by Kyle Guske II, Senior Investment Analyst, MBA
August 31, 20210Comments

All Cap Index & Sectors: Core Earnings Vs. GAAP Earnings Through 2Q21

Within the NC 2000, all but one sector, (Energy) saw a year-over-year (YoY) rise in Core Earnings in 2Q21.
by Kyle Guske II, Senior Investment Analyst, MBA
Danger Zone Podcast
August 30, 20210Comments

Podcast: Why S&P Global’s Operating Earnings Are in the Danger Zone

David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone picks this week: S&P’s “Operating Earnings” Remain Overstated in 2Q21.
by Kyle Guske II, Senior Investment Analyst, MBA
ICYMI
August 27, 20210Comments

ICYMI: 2Q21 Fundamental Trends in the S&P 500 & Sectors, The First New Value Factor in 25 Years, & Model Portfolio Updates

Here's what happened at New Constructs this past week.
by Kyle Guske II, Senior Investment Analyst, MBA
PEBV Ratio Analysis
August 27, 20210Comments

S&P 500 & Sectors: Price-to-Economic Book Value Through 2Q21 (Free, Abridged)

The Telecom Services sector has the lowest trailing PEBV ratio among all 11 S&P 500 sectors.
by Kyle Guske II, Senior Investment Analyst, MBA
August 27, 20210Comments

S&P 500 & Sectors: Free Cash Flow Yield Through 2Q21 (Free, Abridged)

Investors are getting more FCF for their investment dollar in the Basic Materials sector than any other sector.
by Alex Sword
August 26, 20210Comments

S&P 500 & Sectors: ROIC vs. WACC Through 2Q21 (Free, Abridged)

The Technology sector earns the highest ROIC of all sectors, by far, and the Energy sector earns the lowest ROIC.
by Matt Shuler, Investment Analyst II
August 26, 20210Comments

S&P’s “Operating Earnings” Remain Overstated in 2Q21

The Operating Earnings from S&P Global (SPGI) for the S&P 500 continue to overstate Core Earnings through 2Q21.
by Kyle Guske II, Senior Investment Analyst, MBA
August 26, 20210Comments

Featured Stock in August’s Safest Dividend Yields Model Portfolio

Ten new stocks make our Safest Dividend Yields Model Portfolio this month. Get a free look at one of the stocks in this month's portfolio.
by Alex Sword
Model Portfolio
August 26, 20210Comments

Dividend Growth Stocks Model Portfolio: August 2021

Platinum Members and higher can access August's Dividend Growth Stocks Model Portfolio as of Thursday, August 26.
by Kyle Guske II, Senior Investment Analyst, MBA
Core v. GAAP Abridged
August 25, 20210Comments

S&P 500 & Sectors: Core Earnings Vs. GAAP Earnings Through 2Q21 (Free, Abridged)

This report is an abridged and free version of S&P 500 & Sectors: Core Earnings Vs. GAAP Earnings Through 2Q21.
by Kyle Guske II, Senior Investment Analyst, MBA
S&P 500 PEBV Ratio Analysis
August 25, 20210Comments

S&P 500 & Sectors: Price-to-Economic Book Value Through 2Q21

This report analyzes market cap, economic book value, and the trailing price-to-economic book value (PEBV) ratio for the S&P 500 and each of its sectors.
by Kyle Guske II, Senior Investment Analyst, MBA
Free Cash Flow & FCF Yield
August 25, 20210Comments

S&P 500 & Sectors: Free Cash Flow Yield Through 2Q21

This report analyzes free cash flow, enterprise value, and the FCF yield for the S&P 500 and each of its sectors.
by Alex Sword
ROIC vs. WACC
August 25, 20210Comments

S&P 500 & Sectors: ROIC vs. WACC Through 2Q21

Nine of eleven S&P 500 sectors saw an improvement in ROIC year-over-year (YoY) based on 2Q21 financial data.
by Matt Shuler, Investment Analyst II
Core vs. GAAP Earnings
August 25, 20210Comments

S&P 500 & Sectors: Core Earnings Vs. GAAP Earnings Through 2Q21

This report analyzes the Core Earnings and GAAP earnings of the S&P 500 and each of its sectors.
by Kyle Guske II, Senior Investment Analyst, MBA
Danger Zone Podcast
August 23, 20210Comments

Podcast: Two Successful Danger Zone Picks That Greatly Outperformed as Shorts

David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone picks this week: Didi Global (DIDI), Compass Inc. (COMP) and Tesla (TSLA).
by Kyle Guske II, Senior Investment Analyst, MBA
ICYMI
August 20, 20210Comments

ICYMI: The NEW Value Factor, Good and Bad Stocks Post 2Q21 Earnings, CNBC: Fundamentals Still Matter, Importance of Sticking to Your Convictions, Position Close Updates, & Model Portfolio Updates

Here's what happened at New Constructs this past week.
by Matt Shuler, Investment Analyst II
August 20, 20210Comments

Earnings Distortion: The New Value Factor

To enable managers to easily monetize our new factor, we present a long/short market-neutral strategy that generates impressive performance.
by David Trainer, Founder & CEO
August 20, 20210Comments

Position Close Update: PVH Corp (PVH)

Due to the stock no longer trading at a historic discount and its outperformance, we are taking the gains and closing this long position.
by Matt Shuler, Investment Analyst II
« Older Articles Newer Articles »

Search

  • Live-traded Indices
  • AI Winners and Losers
  • Free Trainings
  • David Trainer’s E-Letters
  • —
  • Long Ideas
  • Danger Zone (Sell/short ideas)
  • IPO Research
  • Footnotes Season Finds
  • —
  • Stock Picking Awards & Media Features
  • Testimonials
  • General Market Comments
  • —
  • Model Portfolios
  • – Focus List Stocks: Long
  • – Focus List Stocks: Short
  • – Most Attractive Stocks
  • – Most Dangerous Stocks
  • – Best & Worst ETFs & Mutual Funds by Sector
  • – Best & Worst ETFs & Mutual Funds by Style
  • – Exec Comp Aligned With ROIC
  • – Safest Dividend Yields
  • – Dividend Growth Stocks
  • – Model Portfolio Performance
  • —
  • — Training & Education —
  • Join Our Online Community
  • How To Use Our Site
  • Investing 101
  • Backtest Data Details & Case Studies
  • Accounting Rule Changes
  • ROIC Drives Equity Valuation
  • – Enterprise Value Optimization
  • DOL Fiduciary Regulation
  • M&A Analysis
  • Fundamental Macro Trends & Sector Fundamentals
  • —
  • Company Report Index
  • – Tesla (TSLA) – 26 reports
  • – Netflix (NFLX) – 24 reports
  • – General Motors (GM) – 16 reports
  • – Snap (SNAP) – 15 reports
  • – Carvana (CVNA) – 11 reports
  • – Disney (DIS) – 11 reports
  • – Intel Corporation (INTC) – 10 reports
  • – Wayfair (W) – 11 reports
  • – Uber (UBER) – 10 reports
  • – DoorDash (DASH) – 10 reports
  • – Beyond Meat (BYND) – 10 reports
  • – Peloton (PTON) – 10 reports
  • – Spotify (SPOT) – 9 reports
  • – Walmart (WMT) – 9 reports
  • – Skechers USA (SKX) – 9 reports
  • – JPMorgan (JPM) – 9 reports
  • – HCA Healthcare (HCA) – 9 reports
  • – Rivian Automotive (RIVN) – 8 reports
  • – D.R. Horton (DHI) – 8 reports
  • – Target (TGT) – 7 reports
  • – Coinbase (COIN) – 7 reports
  • – Oracle (ORCL) – 7 reports
  • – McDonald’s Corporation (MCD) – 7 reports
  • – Discover Financial (DFS) – 7 reports
  • – AutoZone (AZO) – 7 reports
  • – Shake Shack (SHAK) – 7 reports
  • – Meritage Homes (MTH) – 7 reports
  • – Cisco Systems (CSCO) – 7 reports
  • – Affirm Holdings (AFRM) – 7 reports
  • – Lyft Inc. (LYFT) – 7 reports
  • – Allison Transmission Holdings (ALSN) – 7 reports
  • – NVR Inc. (NVR) – 7 reports
  • – Valeant (VRX) – 6 reports
  • – Cracker Barrel (CBRL) – 6 reports
  • – Best Buy (BBY) – 6 reports
  • – Amazon (AMZN) – 6 reports
  • – Verizon Communications (VZ) – 6 reports
  • – GameStop (GME) – 6 reports
  • – Alphabet (GOOGL) – 6 reports
  • – Colgate-Palmolive (CL) – 6 reports
  • – Southwest Airlines (LUV) – 6 reports
  • – Ford (F) – 6 reports
  • – Amgen (AMGN) – 6 reports
  • – Johnson & Johnson (JNJ) – 6 reports
  • – Universal Health Services (UHS) – 6 reports
  • – Kimberly-Clark (KMB) – 6 reports
  • – Allstate (ALL) – 6 reports
  • – John B. Sanfilippo & Son (JBSS) – 5 reports
  • – SYSCO Corporation (SYY) – 5 reports
  • – Zendesk (ZEN) – 5 reports
  • – Lam Research Corp (LRCX) – 5 reports
  • – Lear Corp (LEA) – 5 reports
  • – HF Sinclair (DINO) – 5 reports
  • – Omnicom Group (OMC) – 5 reports
  • – Dropbox (DBX) – 5 reports
  • – Robinhood Markets (HOOD) – 5 reports
  • – Sweetgreen (SG) – 5 reports
  • – Microsoft (MSFT) – 5 reports
  • – Caterpillar (CAT) – 4 reports
  • – TrueCar (TRUE) – 4 reports
  • – Simon Property Group (SPG) – 4 reports
  • – Thor Industries (THO) – 4 reports
  • – Box, Inc. (BOX) – 4 reports
  • – Pinterest (PINS) – 4 reports
  • – Shopify (SHOP) – 4 reports
  • – MasTec Inc. (MTZ) – 4 reports
  • – AMC Entertainment (AMC) – 4 reports
  • – Eventbrite (EB) – 4 reports
  • – Cummins (CMI) – 4 reports
  • – Equinix (EQIX) – 3 reports

About Us Testimonials In the News Support Careers General Legal Documentation
Copyright 2026 New Constructs, LLC All Rights Reserved
Registration on or use of this site constitutes acknowledgement of our Disclosures and Disclaimers and acceptance of our Terms of Use and Privacy Policy.