9 Undervalued Mid-Cap Companies

Mid Cap companies could be a good alternative for investors that seek long term capital growth.

In this case from a value investor point of view I put more emphasis on high quality mid-sized companies selling at discount.

Let’s try to do  a selection using the following criteria :

  •  ranked in the Russell Mid Cap Companies;
  • competitive advantage ≥ narrow
  • quality companies with healthy balance sheet and positive free cash flow
  • earning growth estimate next 5 yrs : positive
  • trading lower than its benchmark ( Russell Mid Cap Value Index)
  • trading lower than its Price/Fair Value ( Fair Value Estimate is a Morningstar data point)

Good reading and do your own due diligence before investing.