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
1.11B +64.47%
Technology
Other IT Services & Consulting
2.87B +0.26%
Technology
Enterprise Software
6.9B -7.17%
Industrials
Integrated Logistics Operators
5.21B +14.48%
Consumer Cyclical
Other Home Improvement Products & Services Retailers
2.66B +32.70%
Consumer Cyclical
Women's Apparel Retailers
6.47B +50.36%
Consumer Cyclical
Used Merchandise Stores
1.29B +40.21%
Industrials
Other Airlines
1.2B -17.95%
Industrials
Human Resources Consulting Services
1.12B -54.29%
Industrials
Other Business Support Services
5.24B -33.97%
Healthcare
Other Pharmaceuticals
1.68B +0.33%
Energy
Other Oil Related Services and Equipment
2.47B +33.74%
Industrials
Other Heavy Electrical Equipment
10.71B +35.92%
Technology
Other Semiconductors
2.44B +80.60%
Basic Materials
Nonferrous Metal Processing
6.07B -17.36%
Financials
Other Investment Banking & Brokerage Services
2.86B +2.42%
Consumer Cyclical
Other Apparel & Accessories Retailers
6.25B -3.03%
Energy
Other Oil Related Services and Equipment
2.82B +78.74%
Industrials
Other Construction & Engineering
3.62B +1.26%
Consumer Cyclical
Other Department Stores
11.2B +7.58%
Technology
Other IT Services & Consulting
4.63B -56.73%
Technology
Other IT Services & Consulting
4.56B -32.93%
Basic Materials
Other Steel
53.89B +45.06%
Technology
Enterprise Software
2.3B +28.98%
Technology
Other Communications & Networking
1.38B -11.03%
Consumer Cyclical
Sports & Outdoor Footwear
1.25B -25.25%
Real Estate
Residential Real Estate Services
1.99B -11.36%
Financials
Other Investment Banking & Brokerage Services
3.44B +35.03%
Consumer Cyclical
Other Discount Stores
4.02B -39.32%
Industrials
Other Electrical Components & Equipment
10.89B +2.19%
Industrials
Industrial Plant
3.79B +44.16%
Consumer Cyclical
Other Apparel & Accessories
1.3B -0.98%
Consumer Cyclical
Other Footwear
14.79B +2.72%
Industrials
Other Business Support Services
4.3B -33.65%
Financials
Investment Management
4.51B +31.56%
Technology
Other IT Services & Consulting
1.48B +2.19%
Technology
Other IT Services & Consulting
9.85B +0.93%
Consumer Cyclical
Sports & Outdoor Footwear
12.31B -19.97%
Basic Materials
Copper Ore Mining
1.65B -6.78%
Consumer Non-Cyclical
Food Ingredients
1.87B +19.84%
Consumer Cyclical
Other Apparel & Accessories Retailers
1.51B -30.45%
Industrials
Other Heavy Machinery & Vehicles
7.11B +7.40%
Consumer Cyclical
Gambling & Gaming Machine Manufacturers
2.05B -33.77%
Technology
Other IT Services & Consulting
21.22B -46.06%
Energy
Other Oil & Gas Exploration and Production
10.4B -2.58%
Industrials
Courier Services
18.15B +14.50%
Industrials
Other Shipbuilding
2.76B -20.25%
Technology
Technology Consulting & Outsourcing Services
4.17B -14.73%
Consumer Cyclical
Other Auto, Truck & Motorcycle Parts
31.77B +57.98%
Industrials
Other Construction & Engineering
7.16B +16.25%
Technology
Other Software
26.72B +5.61%
Consumer Cyclical
Music, Music Video Production & Distribution
3.11B -37.69%
Industrials
Construction Machinery
2.04B +6.22%
Industrials
Other Marine Freight & Logistics
1.94B +23.15%
Basic Materials
Copper Ore Mining
2.52B -12.72%
Consumer Non-Cyclical
Cosmetics & Perfumes
1.36B -63.16%
Technology
Social Media & Networking
1.57B -21.89%
Industrials
Other Heavy Machinery & Vehicles
9.42B +16.04%
Consumer Cyclical
Hotels & Motels
4.43B -18.20%
Consumer Cyclical
Other Apparel & Accessories Retailers
3.64B -43.66%
Financials
Brokerage Services
8.57B +1.83%
Industrials
Management Consulting Services
1.31B -6.74%
Services académiques et éducatifs
Miscellaneous Educational Service Providers
5.1B +8.26%
Technology
Other Internet Services
10.77B +1.87%
Technology
Electronic Component
59.35B -10.64%
Industrials
Online Job Portals
6.67B -26.84%
Services académiques et éducatifs
Professional & Business Education
1.22B -35.24%
Services académiques et éducatifs
Miscellaneous Educational Service Providers
7.82B -10.69%
Technology
Application Software
1.74B +36.72%
Industrials
Other Aerospace & Defense
33.5B +3.23%
Technology
Application Software
94.31B -32.21%
Consumer Cyclical
Other Casinos & Gaming
7.48B +23.26%
Industrials
Machine Tools
2.51B +58.98%
Technology
Financial Technology (Fintech) (NEC)
79.62B -56.06%
Industrials
Other Shipbuilding
11.06B +4.31%
Consumer Cyclical
Sportswear & Outdoors Clothing
1.91B -9.70%
Consumer Cyclical
Sportswear & Outdoors Clothing
26.45B -7.95%
Basic Materials
Other Specialty Mining & Metals
83.92B +14.94%
Industrials
Purification & Treatment Equipment
4.07B +11.04%
Healthcare
Other Pharmaceuticals
1.96B -9.75%
Healthcare
Veterinary Drugs
1.35B -10.84%
Consumer Non-Cyclical
Starch, Vegetable Fat & Oil Manufacturing
4.14B +65.07%
Consumer Non-Cyclical
Starch, Vegetable Fat & Oil Manufacturing
2.48B +37.04%
Consumer Cyclical
Other Appliances, Tools & Housewares
6.85B +9.70%
Consumer Non-Cyclical
Cigars & Cigarette Manufacturing
69.4B +12.54%
Healthcare
Medical Equipment Wholesale
1.09B +3.29%
Technology
Other Integrated Telecommunications Services
3.28B +16.18%
Consumer Non-Cyclical
Carbonated Soft Drinks
21.69B +9.02%
Consumer Non-Cyclical
Other Non-Alcoholic Beverages
7.41B -36.62%
Technology
Other Integrated Telecommunications Services
16.94B -2.59%
Industrials
Other Aerospace & Defense
6.83B -16.65%
Healthcare
Other Healthcare Facilities & Services
7.3B +20.16%
Consumer Non-Cyclical
Dairy Products
6.24B +56.96%
Healthcare
Other Pharmaceuticals
4.05B +25.62%
Industrials
Other Aerospace & Defense
3.14B +2.76%
Industrials
Other Aerospace & Defense
117B +5.19%
Healthcare
Other Advanced Medical Equipment & Technology
65.44B -53.82%
Healthcare
Other Medical Equipment, Supplies & Distribution
12.66B +13.20%
Industrials
Other Aerospace & Defense
71.65B +9.68%
Consumer Non-Cyclical
Other Brewers
9.81B -9.61%

News of the components

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  3. Bet on quality at a reasonable price