28 Companies in the Spotlight This Week – 11/1/14
We evaluated 28 different companies this week to determine whether they are suitable for Defensive Investors, those unwilling to do substantial research, or Enterprising Investors, those who are willing to do such research. We also put each company through the ModernGraham valuation model based on Benjamin Graham’s value investing formulas in order to determine an intrinsic value for each. Here’s a summary of the ModernGraham Valuations.
Total System Services Inc. Quarterly Valuation – October 2014 $TSS
Total System Services is suitable for Enterprising Investors but not for Defensive Investors. The Defensive Investor is concerned with the level of earnings growth over the last ten years as well as the high PEmg and PB ratios.