Articles

5 traps in using the PE metric

This article was written by Karl Siegling and originally published in 'Morningstar'. 5 traps in using the PE metric This is the first of our articles on fundamental analysis and we will focus on the price-to-earnings ratio (PE). The reason for focussing on this ratio...

5 traps in using the dividend yield

This article was written by Karl Siegling and originally published in 'Morningstar'. 5 traps in using the dividend yield Following our last article, 5 traps in using the PE metric, we are writing on possibly the second most misused ratio within the equities investment...

The Price to Earnings Growth (PEG) Ratio

This article was written by Karl Siegling and originally published in 'Morningstar'. The Price to Earnings Growth (PEG) Ratio After having discussed the dangers of relying on a PE ratio and Dividend Yield, let’s turn to a number of ratios we do use frequently and pay...

Cash flow: A critical measure

This article was written by Karl Siegling and originally published in 'Morningstar'. Cash flow: A critical measure In our seven preceding articles for Morningstar, we have discussed the psychology of the market, as well as a number of fundamental measures commonly...

A brief look at the balance sheet

This article was written by Karl Siegling and originally published in 'Morningstar'. A brief look at the balance sheet We should start this by admitting from the outset that we can never do this topic justice in one article. Entire textbooks have been written on the...