Given that we recently backtested the highly effective Enterprise Value to EBITDA ratio that was presented in Quantitative Strategies for Achieving Alpha, I thought folks might be interested in seeing the current results for this screen. Here are the top 1% stocks ranked on EV/EBITDA:
- American Equity Investment Life (AEL)
- National Western Life Insurance (NWLI)
- Career Education Corp. (CECO)
- First American Financial Corp (FAF)
- Unisys Corporation (UIS)
- The Hanover Insurance Group, Inc. (THG)
- State Auto Financial (STFC)
- Veeco Instruments Inc. (VECO)
- Hartford Financial Services (HIG)
- Power-One, Inc. (PWER)
- General Motors Company (GM)
- Visteon Corporation (VC)
- CIGNA Corporation (CI)
- Assurant, Inc. (AIZ)
- Vishay Intertechnology (VSH)
- American National Insurance Company (ANAT)
- Lincoln National Corporation (LNC)
- Meadowbrook Insurance Group, Inc. (MIG)
- WellCare Health Plans, Inc. (WCG)
- Principal Financial Group, Inc. (PFG)
- OmniVision Technologies, Inc. (OVTI)
Data: StockScreen123
It will be interested to check back on these stocks after a few months. Do any of the names above look interesting to you? Please leave your responses in the comments section below.
The above list of low EV/EBITDA stocks should only be used as a starting point for further research. Always remember, past performance does not guarantee future results.
Disclaimer: At the time this post was published, I did not own shares in any of the companies mentioned.