Source: afktravel.com.
Overview
We continue our "value hunting" journey in the UK, following our last article that focused on this particular market surrounded by short-term uncertainties lately. This time, we hope to dig out some of the GARP candidates by giving more considerations to the growth and valuation. The P/FCF/G multiple remains our favorite indicator, in this regard, on the top of our proprietary factor-based business fundamental ranking model. In general, our cutoff level for this indicator is 2x.
As always, when it comes to foreign stocks, we encourage investors to trade primarily-listed tickers directly