BEM is the merged entity of BECL and BMCL, and started trading in 2015. The main business of BEM is construction and management of expressways and the Bangkok subway. BEM’s Profitable Growth has consistently ranked at #6 with no changes since 2014.
Read MoreAdvanced Info Service Public Company Limited is the leading mobile operator in Thailand with 48% of revenue market share. Profitable Growth has been excellent over the years consistently ranked in the top 20% among 130 large Telecom companies worldwide.
Read MoreMany financially savvy people across the world are psyching themselves up to register for the most significant exams of their career. The post-nominal designation of CFA requires candidates to overcome many a hard mile, but the challenge is worth the toil.
Read MoreChart of the Day: We have combined the financial statements of China-listed non-financial companies into one for the past 23 years. Even though China’s gross profit margin is lower, the net profit margin is about the same as the global average. Implying that China has higher COGS but lower SG&A and other costs than firms globally.
Read MoreIn our Top 5 this week, we discuss timing from valuation warnings, examine systematic rebalancing, and see how there’s still life in the theory of loss aversion. All this and more…
Read MoreChart of the Day: We have combined the financial statements of globally-listed non-financial companies into one for the past 23 years. The asset turnover ratio has averaged 78% and has fallen from a high of 92% to a low of 64% in 2016.
Read MoreChart of the Day: We have combined the financial statements of globally-listed non-financial companies into one for the past 23 years. The average number of companies included in this study was 12,586 per year and as of 2017, it was 17,159. Global net profit margin has averaged 5.1%.
Read MoreLet’s move onto one of the most interesting subjects in valuation: beta. Discussing this crucial element of investing will helps us shed more light on the connected #7 top valuation mistake of valuing a stock using the calculated beta.
Read MoreChart of the Day: We have combined the financial statements of globally-listed non-financial companies into one for the past 23 years. The average number of companies included in this study was 12,586 per year and as of 2017, it was 17,159. The gross profit margin has averaged 28.4% over the 23 years.
Read MoreIn our Top 5 this week, we check out an updated S&P 500 returns chart, discuss false investing promises, and examine the impact of the top 5 stocks on the market. All this and more…
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