Watch the video with Andrew Stotz or read a summary below. This post is reviewing the Fundamentals, Valuation, Momentum, and Risk (FVMR) of five select markets in Asia.
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India, Vietnam, and the Philippines Markets up about 18%
- Uses a comparable standard of MSCI Index
- Pakistan has had a tough year
- Thai Baht strength has driven USD returns
Fundamentals: Vietnam and Pakistan Are the Stars
- Vietnam and Pakistan both have high net profit margin and asset turnover
- The Philippines has high net margin, but lowest asset turnover
Valuation: None of the Five Countries Is Cheap with Fast Growth
- The Philippines and India are expensive
- Vietnam and Pakistan are cheap, but Pakistan has falling EPS
Momentum: Fastest Revenue Growth Is in Vietnam, Thailand Is Slowest
- Revenue growth momentum is strongest in Vietnam, slowest in Thailand
- Pakistan market has been hit the hardest in 2017 so far
Risk: Pakistan Is Nearly Debt-Free Compared to the Philippines
- India and Thailand have moderate levels of debt
- Vietnam and Pakistan have low debt and low market volatility relative to the world index
Article by Dr. Andrew Stotz, Become A Better Investor
