This screen essentially looks for high ROEs at a reasonable price. Ronald Muhlenkamp is a renowned US investor and founder and president of the Muhlenkamp mutual fund. The Muhlenkamp fund averaged a 10.4% annual rate of return over the last 10 years to 2004 while the S&P 500 has returned 8.5%. His approach involves searching for companies with ROEs above the historic average for all companies (c. 14% for US companies since WW2) . In additions, ROEs should have remained stable over the last five years and the Company should be well-priced according to the PE Ratio. The strategy looks for companies with higher earnings growth than that of their industry peers. One should also look at profit and cost control via a factor such as the operating or net profit margin of the firm relative to its industry. The strategy also looks at financial stability, both through liabilities as a ratio to assets and the amount of free cash of the firm. You can read more about Muhlenkamp's investment philosophy here. and here To learn more about this strategy please click here »
Renowned US investor and founder and president of the Muhlenkamp mutual fund.
Quantitative Equity Portfolio Management: An Active Approach to Portfolio Construction and Management
by Ludwig B Chincarini, Daehwan Kim
The Muhlenjamp Fund averaged an 18.38% annual rate of return for the past 19 years to 2004, versus 12.07% for the S&P.
This screen is based on a UK dataset.
It uses the following criteria:
Results are sorted by:
And limited to the first 200 Results
| Timeframe | Screen Returns | FTSE 100 | Outperformance |
|---|---|---|---|
| 1 week | -0.74% | 0.05% | -0.8% |
| 1 month | 2.75% | 6.63% | -3.9% |
| 3 months | 4.38% | 5.70% | -1.3% |
| 6 months | 19.42% | 15.64% | 3.8% |
| 1 year | 19.35% | 23.94% | -4.6% |
| Since inception | 26.37% | 24.8% | 1.6% |
| Annualised | 17.64% |
| Maximum Drawdown | -16.02% |
| Average No. of Holdings | 14.4 |
| Diversification Level | Moderate |
Chart based on an equal weighted portfolio of max 25 stocks rebalanced quarterly. Qualifying shares below updated daily. Past performance not indicative of future returns.
| Ticker | Name | Mkt Cap £m | ROE % | ROE % 5y Avg | EPS 5y CAGR % | EPS Gwth % | P/E | P/B | Net Mgn % | Debt To Assets | FCF | Sector | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Subscriber | Subscriber | Consumer Cyclicals | |||||||||||
| Subscriber | Subscriber | Basic Materials | |||||||||||
| Subscriber | Subscriber | Consumer Defensives | |||||||||||
| Subscriber | Subscriber | Industrials | |||||||||||
| Subscriber | Subscriber | Industrials | |||||||||||
| COMPARE | |||||||||||||
Can't see the share you expect? View this screen as a checklist to find out why.
