Fastest Growing Companies
When I created this screen, I was looking for companies
that are growing earnings, increasing revenues and have a
good return on equity. I was also looking for stocks that
had performed well over the past year and were projected to
perform well in the coming year.
I used MarketPlayer’s Screening Engine
(http://www.marketplayer.com/client/screening/engine.html).
Here are the criteria that I used:
6 Month EPS Growth >= 35
6 Month EPS Growth > 1 Year EPS Growth
1 Year EPS Growth > 5 Year EPS Growth
5 Year EPS Growth >= 25
1 Year Revenue Growth > 5 Year Revenue Growth
1 Year Revenue Growth > 10
1 Year EPS Growth >= 1 Year Revenue Growth
Long Term Growth Projection > Previous Long Term Growth Projection
ROE >= 15
Average Relative Quarterly Performance for past 4 Quarters >= 1
On August 26, 2000, this screen identified 8 companies:
Symbol Company Name Price ROE Trail P/E EPS Growth
SEIC SEI Investments Co 65.50 99.0 55.2 54.8
FWRD Forward Air Corp 43.50 53.1 62.1 67.6
SUNW Sun Microsystems Inc 124.75 41.4 99.0 66.6
PLXS Plexus Corp 142.50 40.6 99.0 60.9
MLT Mitel Corp 23.38 35.3 99.0 55.9
NT Nortel Networks Corp 82.38 20.9 99.0 48.3
AHAA Alpha Industries Corp 40.13 17.6 58.2 90.4
TIF Tiffany & Co 42.06 15.5 28.1 78.4
As might be expected, this screen identified some high
quality, highly valued tech stocks (SUNW, PLXS, MLT, NT,
AHAA). SUNW, PLXS, MLT and NT all have very high P/E
ratios, but these might be justified based on the sound
fundamentals of these companies. Of the tech stocks, only
AHAA has a trailing PE that is below its EPS growth rate.
SEI Investments Co.’s Return On Equity is very impressive
at 99. Tiffany & Co looks undervalued with a trailing P/E
of 28.1 and an EPS growth rate of 78.4.
I will have to look closer at all of these companies.
B.K. |
