Hi Stu, you may or may not be interested but I thought I'd share my FA chart with you for GPT
good luck with this trade/hold
See below the chart for an explanation of the Fundamental data in either the “grey panel” on the right-hand side of my chart or running across the “header” if I’ve posted a list of stocks
1 yr daily chart below......the 5 yr daily (not shown) looks really good
FA explanation
Starting from the top...Value is the current SP value my system puts on the company after evaluating all the financial data…..EY (earnings yield) and DY (dividend yield) I like to see DY at about half or even less that of EY as the higher EY tells me the company can keep paying out its dividend from its actual earnings rather than from other not so shareholder friendly ways…. DS (dividend safety) needs to be 50 or higher….. DG (forecasted/ annualised % dividend growth) I like DG at least 7 or higher, this tells me that the dividend is very likely to be maintained and is very likely to grow over time….. RV/ RS/ RT and CI all ideally need to be at 1.00 or higher...but RS and RV being more important fundamentally...for strong fundamentals RS absolutely needs to be above 1.00....RT is an entry/ exit signal, when RT is above 1.00 that’s good and when below 1.00 not so good... GRT (forecasted/ annualised % growth) I like at about 8 and above….. GPE (growth to PE) or PEG in Australia...a number greater than 1.00 generally means the company is considered undervalued…EPS (earnings per share) this is a leading 12-month earnings per share forecast and the higher it is the better….PE (price to earnings ratio) shows the number of dollars required by the company to buy $1 of earnings, so a lower PE is better and certainly a PE that is steady/consistent in nature or trending downwards is best…....hope this helps
This is not a buy or sell recommendation
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