Registered User Joined: 5/21/2007 Posts: 13
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I need help in building the following buy strategy:
1. An earnings-to-price yield at least twice the AAA bond yield.
2. A P/E ratio less than 40% of the highest P/E ratio the stock had over the past five years.
3. A dividend yield of at least two-thirds the AAA bond yield.
4. Stock price below two-thirds of tangible book value per share.
5. Stock price below two-thirds "net current asset value."
RISK CRITERIA:
6. Total debt less than book value
7. Current ratio greater than two.
8. Total debt less than twice "net current asset."
9. Earnings growth of prior 10 years at least at a 7% annual compound rate.
10. Stability of growth of earnings in that no more than two declines of 5% or more in year-end earnings in the prior 10 years are permissible.
Thanks
JT
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Registered User Joined: 5/21/2007 Posts: 13
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Bruce:
I am still waiting for a responce. Is this a do-able strategy that can be created using Blocks.
Thanks
JT
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Worden Trainer
Joined: 10/1/2004 Posts: 18,819
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1, 3, 4, 5, 6, 8 are not doable due to a lack of available data.
2 is doable.
I don't understand 7.
I am not sure what net current asset means for 8.
10 is doable.
Would you like criterion for 2 and 10?
- Craig Here to Help!
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