FVMR Snapshot
High Profitability and High Volatility in the Vietnamese Stock Market
Vietnam Equity FVMR Snapshot: The return on equity in Vietnam is expected at 16.2% in 2018CE* and 18.6% in 2019CE*, well above the global average. However, Vietnam trades above the World on both PE and PB for 2018CE*.
Read MoreSweden Appears Cheap but Earnings Growth Is Flattish
Sweden Equity FVMR Snapshot: The overall Swedish market trades below the World on 2018CE* multiples. But Sweden is not expected to see much earnings per share growth in 2018CE*, only 2.1%.
Read MoreContinued Challenging Environment for Chinese Telecoms
China Equity FVMR Snapshot: China is expected to grow earnings faster than the World. The market appears to be cheaper than the World, however, excluding banks the Chinese market trades above the World.
Read MoreEmerging and Developed Markets Have Been Equally Volatile
Global Equity FVMR Snapshot: Emerging markets and Developed markets show 2018CE* EPS growth that is more or less in line. Emerging markets trade below Developed markets at a PE of 12.2x and this is still the case if we exclude US that has the highest PE.
Read MoreJapan Trades at a Low PEG Ratio, Europe Has Been the Least Volatile
Global Equity FVMR Snapshot: Global markets have a return on equity of 14% and a 40% dividend payout ratio. Overall, Asia has seen great price performance in the past year and Europe has been the least volatile market in the past 3 months.
Read MoreHigh Profitability in Vietnamese Consumer Sectors
Vietnam Equity FVMR Snapshot: The two consumer sectors have the highest ROE in Vietnam at 27-28%. Consumer Staples just offers a slightly higher ROE compared to Consumer Discretionary but trades at a much higher PB.
Read MoreTaiwan Equity FVMR Snapshot
NEW RELEASE: The Taiwan Equity FVMR Snapshot gives a weekly update of the Fundamentals, Valuation, Momentum, and Risk of the Taiwanese market.
Read MoreIndia, Philippines, Thailand, and Vietnam Equity FVMR Snapshots
Equity FVMR Snapshots of 4 select Asian markets: India, the Philippines, Thailand, and Vietnam. Let Andrew Stotz guide you through how to read this one-page document that you can get updated in your inbox every Monday for free.
Read MoreStrong Momentum and Cheap Valuation in Indian Materials
The overall Indian market trades above the world on 2017 PE and PB. The Materials sector appears cheap on PEG and has strong price and earnings momentum.
Read MoreChina No Longer Appears Cheap When Banks Are Excluded
The Chinese banks have a quite big impact on the overall market metrics, China ex Banks PE on 2017 earnings is at 25x versus 18x when banks are included. China no longer appears cheap when we exclude banks.
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