Here the list of Undervalued Asian Companies updated on July 2019.
As usual I always look for undervalued companies with good competitive advantage, with solid balance sheets , low debts and wealthy cash flows.
Metrics :
- Asian stock (Mid-Large Cap)
- competitive advantage ≥ narrow
- low debt
- positive FCF
- Trading lower than their Price/Fair Value (Morningstar DCF model)
- P/E < P/E 5 Years
- Fwd P/E < P/E
Good reading and please do your own due diligence before investing. Thanks.
(Source: Morningstar, YCharts, Reuters)