Investment Style

Bet on quality at a reasonable price

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Investment Themes

This list of companies below is designed to capture excess returns from quality stocks set at a reasonable price.

This is the QARP investment style for Quality at a reasonable price. Companies of sufficient size and liquidity that meet qualitative criteria relating to their financial health, business model stability and return on capital are selected. Then, a valuation filter is applied in order to retain only those companies that are valued at a reasonable price.

Qualitative" companies have controlled debt, a high return on capital employed, relatively high net and operating profitability, and stable results over time. The valuation filter then ranks the companies according to their cost by comparing their capitalization and/or enterprise value to their revenues (EV/Sales), net income (P/E) and free cash flow (P/FCF) to retain only the least expensive.

Several geographical areas are proposed. The global list includes companies listed in the world's major financial centers. The other lists are regional: North America (United States, Canada), Europe, Asia (Japan, Australia, Singapore, Hong Kong), Emerging Markets, United Kingdom, France, Germany, Switzerland, Netherlands and Italy.

Our selection

Financials
Other Investment Management & Fund Operators
1.12B +71.99%
Technology
Other IT Services & Consulting
3.2B +3.22%
Technology
Enterprise Software
6.83B -9.85%
Consumer Cyclical
Women's Apparel Retailers
6.28B +51.23%
Industrials
Integrated Logistics Operators
5.08B +12.35%
Consumer Cyclical
Other Home Improvement Products & Services Retailers
2.66B +31.25%
Consumer Cyclical
Used Merchandise Stores
1.36B +45.15%
Industrials
Other Airlines
1.25B -15.29%
Industrials
Human Resources Consulting Services
1.13B -54.44%
Industrials
Other Business Support Services
5.17B -36.90%
Energy
Other Oil Related Services and Equipment
2.48B +32.84%
Industrials
Other Heavy Electrical Equipment
10.87B +40.11%
Basic Materials
Nonferrous Metal Processing
5.86B -14.64%
Consumer Cyclical
Other Apparel & Accessories Retailers
5.98B -6.74%
Industrials
Other Construction & Engineering
3.74B +4.28%
Consumer Cyclical
Other Department Stores
10.59B +2.52%
Technology
Other IT Services & Consulting
4.51B -58.76%
Technology
Other IT Services & Consulting
4.42B -33.84%
Basic Materials
Other Steel
53.06B +43.56%
Technology
Enterprise Software
2.3B +29.18%
Consumer Cyclical
Sports & Outdoor Footwear
1.19B -28.88%
Real Estate
Residential Real Estate Services
1.89B -14.99%
Financials
Other Investment Banking & Brokerage Services
3.42B +36.34%
Consumer Cyclical
Other Discount Stores
3.95B -39.84%
Consumer Cyclical
Other Apparel & Accessories
1.27B -2.88%
Consumer Cyclical
Other Footwear
14.97B +2.83%
Industrials
Other Business Support Services
4.35B -35.63%
Consumer Cyclical
Beauty Supply Shop
20.35B -22.46%
Technology
Other IT Services & Consulting
9.44B +0.68%
Technology
Electronic Component
57.85B -12.57%
Technology
Other IT Services & Consulting
20.93B -48.16%
Basic Materials
Other Precious Metals & Minerals
1.08B +102.84%
Financials
Other Investment Banking & Brokerage Services
3.04B +8.57%
Consumer Non-Cyclical
Food Ingredients
1.83B +17.22%
Consumer Cyclical
Other Apparel & Accessories Retailers
1.59B -28.78%
Energy
Other Oil Related Services and Equipment
2.84B +87.04%
Industrials
Other Heavy Machinery & Vehicles
7.13B +8.97%
Consumer Cyclical
Gambling & Gaming Machine Manufacturers
2.01B -34.51%
Energy
Other Oil & Gas Exploration and Production
10.62B -1.57%
Industrials
Courier Services
18.23B +15.03%
Technology
Technology Consulting & Outsourcing Services
4.11B -16.43%
Industrials
Other Shipbuilding
2.82B -18.00%
Consumer Cyclical
Other Auto, Truck & Motorcycle Parts
34.64B +81.01%
Technology
Other Communications & Networking
1.44B -9.52%
Industrials
Other Construction & Engineering
7.52B +22.28%
Technology
Other Software
26.94B +5.63%
Consumer Cyclical
Music, Music Video Production & Distribution
3.22B -35.11%
Financials
Other Consumer Lending
2.26B +5.33%
Industrials
Construction Machinery
2.09B +6.52%
Financials
Investment Management
3.59B +12.57%
Industrials
Other Marine Freight & Logistics
1.85B +21.15%
Industrials
Industrial Plant
4.11B +54.03%
Basic Materials
Copper Ore Mining
2.58B -6.34%
Technology
Social Media & Networking
1.55B -20.55%
Industrials
Other Heavy Machinery & Vehicles
9.62B +17.53%
Consumer Cyclical
Hotels & Motels
4.32B -21.24%
Consumer Cyclical
Other Apparel & Accessories Retailers
3.8B -44.67%
Financials
Brokerage Services
8.41B +3.05%
Financials
Investment Management
4.52B +32.69%
Industrials
Management Consulting Services
1.31B -5.74%
Technology
Other Internet Services
11.35B +6.07%
Services académiques et éducatifs
Miscellaneous Educational Service Providers
5.61B +18.30%
Basic Materials
Copper Ore Mining
1.64B -0.94%
Industrials
Online Job Portals
6.39B -30.18%
Technology
Enterprise Software
2.33B -28.98%
Services académiques et éducatifs
Professional & Business Education
1.17B -35.99%
Industrials
Construction Machinery
1.63B +8.59%
Services académiques et éducatifs
Miscellaneous Educational Service Providers
7.74B -9.89%
Technology
Application Software
1.69B +42.16%
Industrials
Other Aerospace & Defense
33.65B +3.74%
Consumer Non-Cyclical
Cosmetics & Perfumes
1.36B -64.15%
Technology
Internet Gaming
2.6B -34.96%
Consumer Cyclical
Other Restaurants & Bars
6.29B -14.04%
Technology
Application Software
91.67B -36.92%
Technology
Financial Technology (Fintech) (NEC)
79.26B -57.36%
Consumer Cyclical
Other Casinos & Gaming
7.71B +23.77%
Industrials
Other Shipbuilding
10.9B +2.59%
Consumer Cyclical
Sportswear & Outdoors Clothing
1.94B -8.97%
Healthcare
Veterinary Drugs
1.34B -11.56%
Consumer Non-Cyclical
Starch, Vegetable Fat & Oil Manufacturing
3.97B +61.72%
Consumer Non-Cyclical
Starch, Vegetable Fat & Oil Manufacturing
2.28B +28.15%
Healthcare
Other Pharmaceuticals
14.89B +40.03%
Consumer Cyclical
Other Appliances, Tools & Housewares
6.43B +2.14%
Consumer Non-Cyclical
Cigars & Cigarette Manufacturing
66.72B +8.44%
Healthcare
Medical Equipment Wholesale
1.07B +1.29%
Technology
Other Integrated Telecommunications Services
3.48B +16.18%
Consumer Non-Cyclical
Carbonated Soft Drinks
21.74B +9.16%
Industrials
Satellite Design & Manufacture
51.8B -4.26%
Healthcare
Other Pharmaceuticals
2.06B -6.97%
Consumer Non-Cyclical
Other Non-Alcoholic Beverages
7.63B -34.11%
Technology
Other Integrated Telecommunications Services
16.44B -1.69%
Industrials
Other Aerospace & Defense
6.6B -18.46%
Healthcare
Other Healthcare Facilities & Services
6.85B +17.09%
Consumer Non-Cyclical
Dairy Products
6.44B +61.48%
Healthcare
Other Pharmaceuticals
4.26B +30.81%
Industrials
Other Aerospace & Defense
3.09B +2.26%
Industrials
Other Aerospace & Defense
120B +6.48%
Consumer Non-Cyclical
Dairy Products
5B -28.23%
Healthcare
Other Advanced Medical Equipment & Technology
66.37B -55.29%
Consumer Non-Cyclical
Child Care & Family Services
3.93B -27.92%

News of the components

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