Amidst the current stocks markets performance, some investors may want to focus on fundamentals. So let us see what we can obtain by performing a stock scan on SGX StocksFacts webpage. I set the following parameters:
a) P/E ratio from “0” to “11.687”: this is to mirror the current P/E of Singapore stocks markets, not exactly the P/E but P/E of the current stocks markets sentiments
b) Dividend Yield from 3.56% to 6%: which I believe are reasonable dividend yields deserved from stocks amidst the current stocks markets and inflation environment
c) Price to book ratio of 0.506 to 0.974: in the current stocks markets “sell-off”, some stocks become bargain as their stock prices head below their net book values
d) Debt to Equity ratio of close to nil debt
After applying the above filters, there are only two stocks which fit the criteria:......