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AlphaScreens: Few choices for picky GARP

There are still thin pickings for our growth at right price (GARP) screen.
March 12, 2019

Macfarlane Group (MACF) once again passes all eight of our FTSE All Share GARP tests, although its Price to Earnings Growth (PEG) ratio has risen from 0.8 to 1 since last month. The other company with a perfect score is recruiter Page Group (PAGE).

 

  • Unilever (ULVR) only fails one test - revenue growth. Arguably, the company’s recent and projected profit growth has been over-reliant on cost-cutting (which is why it was axed from Phil Oakley’s Fantasy Sipp last week) but with a PEG of 0.8, at least our screen is telling us that profit growth isn’t too dear.
  • On our small-cap screen, Simon Thompson pick TClarke (CTO) is still scoring top marks. On Aim, specialist technology component company Concurrent Technologies (CNC) scores well, along with miners Atalaya (ATYM), Sylvania Platinum (SLP) and IT services company Scysis (SSY).
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