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AlphaScreens: Small is beautiful for GARP

Small-caps are still the stars of our screen that looks to find the best value growth on the UK market.
November 18, 2019

The biggest FTSE All Share companies aren’t ranking high on our growth at a reasonable price (GARP) screen. No company with a market capitalisation of more than £5bn passes more than 6/8 tests.

  • Some bigger companies that meet three quarters of the criteria include insurers Legal & General (LGEN) and Aviva (AV.), equipment rental group Ashtead (AHT) and real estate investment trust (reit) Segro (SGRO).
  • From the FTSE Small Companies index only Capital Drilling (CAPD), which contracts services to mining and oil exploration companies, ticks all our tweaked small-cap screen’s boxes.
  • The same Aim companies as last month do well against the small-cap screen, although K3 Capital Group (K3C) – which helps other smaller businesses with capital raising or sourcing private buyers -  now also gets full marks.
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