Manages a mutual fund focused on international equities. Invests in companies located exclusively outside of the United States. Now — the numbers.
This is an established company with proven profits.
No real growth (-2% a year). Red columns mark years that ended in a loss.
The market pays 23.1× for every dollar of annual profit — around what a business like this usually costs.
No analyst target is on record for this company.
The stock trades near its peak today. For long-term holders the ride has paid off so far — though past performance guarantees nothing about the future.
The net profit margin is 67% — still a thick cushion, though costs have been eating into it lately.
It pays out $0.90 per share each year — regular cash for whoever holds the stock.
Over the last 4 years, sales fell about 2% a year on average. Profit is holding up, but a shrinking business is a risk worth watching.
The price action doesn’t yet back an upward turn.
We grade companies — revenue, margins, balance sheets. This is a fund, so there is no report card to give. That is not a low grade; it is a different kind of thing.
One-line summary: a basket, not a business. Judge it by what it holds.