ICYMI: Chicken Producer Long Idea, Solar Stock Faceoff, An Overvalued Retailer, & Closing Successful Danger Zone Picks
Here’s what happened at New Constructs this past week.
Exec Comp Aligned With ROIC Model Portfolio: August 2017
Platinum Members and higher can access August’s Executive Compensation Aligned With ROIC Model Portfolio as of Wednesday, August 16.
Too Much Market Value for Too Small a Market
This niche business generates plenty of “adjusted EBITDA,” but no real profits. It also has too much market value for too small a market, especially in light of its deteriorating competitive position. Absent a textbook case of “stupid money risk,” (i.e. a grossly overpriced acquisition) the risk/reward does not look good for equity investors.
An Industry Leader In A Rapidly Growing Market
We previously highlighted the semiconductor equipment sector as a “pick and shovel” play to benefit from trends such as artificial intelligence, autonomous driving, and the Internet of Things. Today we are digging deeper into one of those stocks.
ICYMI: Industrial Long Idea, IPO Danger Zone, Activist Investing Case Study, Model Portfolio Performance Updates & 3Q17 Style Rankings
Here’s what happened at New Constructs this past week.
Nelson Peltz On Procter & Gamble: Sign of The Future For ROIC Laggards
Linking executive compensation to ROIC could create immediate shareholder returns and drive a long-term commitment to the lean and disciplined corporate structure that Peltz wants P&G to adopt.
New Stocks on Exec Comp & ROIC Model Portfolio: July 2017
The best performing stock in last month’s portfolio was Insteel Industries (IIIN), which was up 5%. Get a free look at a new stocks on July’s Model Portfolio.
Exec Comp Aligned With ROIC Model Portfolio: July 2017
Platinum Members and higher can access July’s Executive Compensation Aligned With ROIC Model Portfolio as of Thursday, July 13.
ICYMI: New Dividend Growth Model Portfolio, 5 High ROIC Stocks & Most Attractive & Most Dangerous Stocks Updates
Here’s what happened at New Constructs this past week.
5 Unappreciated Stocks With High ROICs
In order to find value, it’s time to get back to the basics of reading footnotes and focusing on economic earnings and return on invested capital (ROIC), the true drivers of valuation.
New Data Points For Clients
The following is a list of new data points in our Dynamic Data Screener and company models.
Bad ROIC Drives Bad Valuation
GAAP-Based ROIC has a significantly weaker link to valuation than our ROIC calculation, which uses our Robo-Analyst technology to make adjustments from rigorous analysis of footnotes and the MD&A.
New Stocks on Exec Comp & ROIC Model Portfolio: June 2017
The best performing stock in last month’s portfolio was Hasbro, which was up 11%. Get a free look at one of the new stocks on June’s Model Portfolio.
Exec Comp Aligned With ROIC Model Portfolio: June 2017
Platinum Members and higher can access June’s Executive Compensation Aligned With ROIC Model Portfolio as of Thursday, June 15.
3-Year Average Return on Invested Capital: Explanation & Examples
3-year average return on invested capital (seen in Figure 1) provides additional insights into a firm’s track record of prudent capital management.
Return on Gross Invested Capital (ROGIC): Explanation & Examples
Return on gross invested capital (ROGIC) (seen in Figure 1) provides additional insights into the profitability of highly-capital intensive businesses.
ICYMI: New Long Idea, Sponsoring Thomson Digital Fin Svcs Symposium & Updated Model Portfolios
Here’s what happened at New Constructs this past week.
New Stocks on Exec Comp & ROIC Model Portfolio: May 2017
The best performing stock in the portfolio last month was Lear Corp (LEA), which was up 11%. Get a look at one of the new stocks on May’s Model Portfolio.
Exec Comp Aligned With ROIC Model Portfolio: May 2017
Platinum Members and higher can access May’s Executive Compensation Aligned With ROIC Model Portfolio as of Wednesday, May 17.
New Features & Enhancements
We’re constantly looking for ways to improve our research offerings and make using/accessing our research as easy as possible. To that end, we’ve made many improvements throughout 2017.