Investment Themes
The GARP style stands for Growth at a reasonable price. Companies of sufficient size and liquidity that meet quantitative criteria relating to sales growth and earnings per share over the medium and long term, based on past data as well as estimates for the future, are selected.
Next, a valuation filter is applied to ensure that only companies with a reasonable valuation are selected. The valuation filter then ranks companies by price, comparing their capitalization and/or enterprise value with their sales (EV/Sales), operating income (EV/EBIT), net income (P/E) and free cash flow (P/FCF), to retain only the least expensive.
Several geographical zones are proposed. The global list includes companies listed on the world's main financial markets. The other lists are regional: North America (USA, Canada), Europe, Asia (Japan, Australia, Singapore, Hong Kong), Emerging Markets, UK, France, Germany, Switzerland, Netherlands and Italy.
Our selection
| Real Estate | Other Real Estate Services | 2B | -7.62% | ||
| Consumer Cyclical | Other Auto & Truck Manufacturers | 22.99B | +16.94% | ||
| Consumer Cyclical | Other Appliances, Tools & Housewares | 33.61B | -6.22% | ||
| Consumer Cyclical | Other Appliances, Tools & Housewares | 86.07B | +6.45% | ||
| Consumer Cyclical | Other Auto, Truck & Motorcycle Parts | 21.4B | +66.92% | ||
| Consumer Cyclical | Tire & Tube Manufacturers | 4.98B | +56.25% | ||
| Consumer Non-Cyclical | Supermarkets & Convenience Stores | 1.97B | +34.52% | ||
| Technology | Security & Surveillance | 1.73B | +27.20% | ||
| Technology | Other IT Services & Consulting | 4.3B | +131.39% | ||
| Consumer Non-Cyclical | Supermarkets & Convenience Stores | 2.2B | -4.39% | ||
| Basic Materials | Other Gold | 12.31B | +122.92% | ||
| Industrials | Other Shipbuilding | 10.3B | +16.39% | ||
| Real Estate | Other Real Estate Development & Operations | 34.05B | +10.51% | ||
| Consumer Non-Cyclical | Starch, Vegetable Fat & Oil Manufacturing | 1.77B | +53.14% | ||
| Technology | Network Equipment | 1.29B | +3.99% | ||
| Technology | Wireless Telecom | 13.65B | +23.97% | ||
| Consumer Non-Cyclical | Animal Feed | 12.51B | +8.73% | ||
| Industrials | Industrial Machinery | 4.63B | +5.02% | ||
| Consumer Cyclical | Retail - Department Stores | 1.19B | -15.60% | ||
| Industrials | Heavy Trucks | 10.42B | +27.28% | ||
| Consumer Cyclical | Sports & Outdoor Footwear | 1.56B | +37.26% | ||
| Real Estate | Residential Real Estate Services | 1.78B | +16.19% | ||
| Technology | Other Semiconductors | 276B | +237.55% | ||
| Consumer Cyclical | Other Apparel & Accessories | 1.29B | +11.86% | ||
| Healthcare | HMO Medical Centers | 1.14B | +5.80% | ||
| Basic Materials | Other Gold | 37.95B | +191.57% | ||
| Technology | Wireless Telecom | 8.69B | +64.52% | ||
| Consumer Cyclical | Electric Scooters & Bicycles | 5.9B | +21.87% | ||
| Healthcare | Generic Pharmaceuticals | 1.62B | +84.05% | ||
| Consumer Non-Cyclical | Other Non-Alcoholic Beverages | 4.58B | +3.33% | ||
| Consumer Cyclical | Other Auto & Truck Manufacturers | 23.82B | +8.71% | ||
| Consumer Cyclical | Other Apparel & Accessories Retailers | 2.52B | +15.68% | ||
| Basic Materials | Other Steel | 7.76B | +20.00% | ||
| Healthcare | Other Pharmaceuticals | 3.19B | -13.60% | ||
| Real Estate | Other Real Estate Development & Operations | 3.34B | +37.59% | ||
| Consumer Non-Cyclical | Other Food Processing | 2.73B | -0.88% | ||
| Technology | Other Integrated Telecommunications Services | 11.97B | +29.51% | ||
| Basic Materials | Iron Ore Mining | 7.27B | +14.25% | ||
| Basic Materials | Other Gold | 4.22B | +92.13% | ||
| Technology | Other Internet Services | 37.26B | +61.43% | ||
| Technology | Other Computer Hardware | 5.25B | -10.28% | ||
| Technology | Other Wireless Telecommunications Services | 15.19B | +31.76% | ||
| Real Estate | Residential Real Estate Development | 2.17B | +91.98% | ||
| Industrials | Electrical Measuring & Testing Instruments | 1.92B | +112.06% | ||
| Financials | Securities & Commodity Exchanges | 1.1B | +7.82% | ||
| Consumer Cyclical | Sportswear & Outdoors Clothing | 29.27B | +3.28% | ||
| Healthcare | Generic Pharmaceuticals | 5.4B | -6.63% | ||
| Utilities | Natural Gas Distribution | 1.23B | -12.54% | ||
| Industrials | Other Heavy Machinery & Vehicles | 4.99B | +50.48% | ||
| Industrials | Courier Services | 8.43B | +22.55% | ||
| Utilities | Natural Gas Distribution | 8.12B | -12.74% | ||
| Consumer Non-Cyclical | Ready-Made Meals | 1.73B | +16.31% | ||
| Consumer Cyclical | Beauty Supply Shop | 1.51B | -9.37% | ||
| Consumer Cyclical | Household Appliances | 4.89B | -9.83% | ||
| Basic Materials | Other Specialty Mining & Metals | 52.74B | +165.11% | ||
| Consumer Non-Cyclical | Food Wholesale | 8.15B | -4.31% | ||
| Consumer Non-Cyclical | Other Food Processing | 3.64B | -10.39% | ||
| Industrials | Heavy Trucks | 2.58B | +15.81% | ||
| Consumer Cyclical | Other Apparel & Accessories Retailers | 2.75B | -38.59% | ||
| Basic Materials | Nonferrous Metal Processing | 16.53B | +112.95% | ||
| Consumer Cyclical | Automotive Body Parts | 5.01B | +107.67% | ||
| Energy | Other Oil Related Services and Equipment | 2.09B | +11.33% | ||
| Consumer Non-Cyclical | Other Food Processing | 2.22B | -20.25% | ||
| Consumer Cyclical | Other Apparel & Accessories | 7.15B | +23.71% | ||
| Consumer Cyclical | Other Tires & Rubber Products | 8.01B | +25.19% | ||
| Industrials | Courier Services | 26.72B | -6.18% | ||
| Consumer Cyclical | Automotive Body Parts | 1.26B | -15.31% | ||
| Technology | Other Integrated Telecommunications Services | 43.19B | +13.36% | ||
| Technology | Other Wireless Telecommunications Services | 2.85B | +34.26% | ||
| Technology | Laptop & Desktop Computers | 2.43B | +15.09% | ||
| Healthcare | Other Pharmaceuticals | 6.62B | -17.58% | ||
| Energy | Other Coal | 28.11B | -0.04% | ||
| Technology | Telecommunications Network Infrastructure | 11.86B | +20.06% | ||
| Consumer Cyclical | Electric (Alternative) Vehicles | 120B | +9.55% | ||
| Consumer Cyclical | Other Auto, Truck & Motorcycle Parts | 1.38B | +45.77% | ||
| Industrials | Telecommunication Construction | 4.15B | +0.44% | ||
| Consumer Non-Cyclical | Other Food Processing | 2B | -6.79% | ||
| Consumer Non-Cyclical | Other Food Retail & Distribution | 12.11B | -22.42% | ||
| Consumer Cyclical | Furniture | 3.4B | +7.36% | ||
| Energy | Wind Systems & Equipment | 8.79B | +49.47% | ||
News of the components
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Calendar of the components
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