Invests in equity securities of non-U.S. companies in emerging markets. Focuses on companies believed to be undervalued based on earnings, cash flow, or asset values. Now — the numbers.
This is an established company with proven profits.
No real growth. Red columns mark years that ended in a loss.
The market pays 514.5× for every dollar this company earns in a year — a price that already assumes things go well.
Analysts' average target sits 9% above today's price.
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.
It pays out $0.47 per share each year — regular cash for whoever holds the stock.
Over the last 4 years, sales grew only 0% a year on average. At this size, speeding back up is not easy.
The company’s market value is 515 times its annual profit. Even a small disappointment could hit the price hard.
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.