The next edition of ModernGraham Stocks & Screens is now available for premium subscribers! Inside this monthly PDF report and spreadsheet is a listing of all the companies reviewed by ModernGraham (currently 506 different companies) in a handy table with some key figures, including dividend yield information. It then proceeds to screen the companies regarding different topics. This is a great tool for your research into value investing opportunities.
By using the ModernGraham Valuation Model, I’ve selected the five highest dividend yields among the undervalued companies reviewed by ModernGraham. Each company has been determined to be suitable for Defensive Investor according to the ModernGraham approach. Here is a summary of each company’s valuation.
Caterpillar Inc. passes the initial requirements of both the Defensive Investor and the Enterprising Investor. The Defensive Investor’s only initial concern is the low current ratio, and while the Enterprising Investor is concerned by the level of debt relative to the current assets, those concerns are overlooked since the company meets the more conservative Defensive Investor criteria.
By using the ModernGraham Valuation Model, I’ve selected the five highest dividend yields among the undervalued companies reviewed by ModernGraham. Each company has been determined to be suitable for Enterprising Investor according to the ModernGraham approach.
Allstate passes the initial requirements of the Enterprising Investor but not the more conservative Defensive Investor. The Defensive Investor has issues with the company’s low level of earnings growth over the last ten years and the lack of earnings stability over that time frame.
Dow Chemical Company performs well in the ModernGraham model and is suitable for Enterprising Investors. The Defensive Investor is concerned with the insufficient earnings growth over the last ten years, along with the high PEmg and PB ratios.
