I have cleaned up the screen in the last post and this is the newest list of co.s with more or less the same criteria:
1. Market cap more than $100mn
2. Dividend yield more than 4%
3. Past 3 yr average ROE more than 12%
4. Past 3 yr FCF yield more than 6%
5. Past 3 yr EBIT margin more than 10%
There are 2 more co.s: Silverlake Axis and Super Group which is not shown due to the screen size of Bloomberg. So this round produces 34 names in all. Well 33 to be exact bcos Singtel is counted twice.
I have tighten the EBIT margin to reflect that a strong co. should at least have 10% margin but loosen on the FCF from 7% to 6%.
To me, this tighter list will weed out some more of those bombs that usually come with generated ...
...1. Market cap more than $100mn
2. Dividend yield more than 4%
3. Past 3 yr average ROE more than 12%
4. Past 3 yr FCF yield more than 6%
5. Past 3 yr EBIT margin more than 10%
There are 2 more co.s: Silverlake Axis and Super Group which is not shown due to the screen size of Bloomberg. So this round produces 34 names in all. Well 33 to be exact bcos Singtel is counted twice.
I have tighten the EBIT margin to reflect that a strong co. should at least have 10% margin but loosen on the FCF from 7% to 6%.
To me, this tighter list will weed out some more of those bombs that usually come with generated ...
