Validea Strategy Daily Update Report Joel Greenblatt – 05/08/2022

JHere are today’s updates for Validea’s Earnings Yield Investor model based on Joel Greenblatt’s published strategy. This value model looks for companies with a high return on capital and earnings.

SILVERBOW RESOURCES INC (SBOW) is a small-cap value stock in the oil and gas operations sector. The rating under our Joel Greenblatt-based strategy increased from 0% to 100% depending on the company’s underlying fundamentals and the stock’s valuation. A score of 80% or higher generally indicates that the strategy has some interest in the stock and a score above 90% generally indicates strong interest.

Company Description: SilverBow Resources, Inc. is an independent oil and gas company. The Company is focused on acquiring and developing assets in the Eagle Ford and Austin Chalk shales located in South Texas, where it has aggregated approximately 153,000 net acres across six operating areas. As an operator, he designs and manages the development of a well and supervises day-to-day operation and maintenance activities. Its operations are focused on six fields located in the Eagle Ford and Austin Chalk regions of southern Texas: Artesia, AWP, Fasken, Atascosa, Eastern Eagle Ford and Southern Eagle Ford Gas. It has gas processing and gathering agreements with Southcross Energy for the majority of its natural gas production in the AWP area. It has also entered into gas gathering agreements with Howard Energy Partners to transport its production from Eagle Ford and Austin Chalk on the pipeline from its Fasken, Rio Bravo and La Mesa areas to the Kinder Morgan Texas pipeline or Eagle Ford Midstream.

The following table summarizes whether the stock meets each of the tests for this strategy. Not all of the criteria in the table below are given the same weight or are independent, but the table provides a brief overview of the stock’s strengths and weaknesses in the context of the strategy’s criteria.

EARNINGS YIELD: NEUTRAL
RETURN ON TANGIBLE CAPITAL: NEUTRAL
FINAL RANKING: PASS

Detailed analysis of SILVERBOW RESOURCES INC

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AMPLIFY ENERGY CORP (AMPY) is a small cap growth stock of the integrated oil and gas industry. The rating under our Joel Greenblatt-based strategy increased from 0% to 100% depending on the company’s underlying fundamentals and stock valuation. A score of 80% or higher generally indicates that the strategy has some interest in the stock and a score above 90% generally indicates strong interest.

Company Description: Amplify Energy Corp. is an independent oil and gas company engaged in the acquisition, development, exploitation and production of oil and gas properties. The Company’s assets consist primarily of oil and natural gas producing properties located in Oklahoma, the Rocky Mountains (Bairoil), federal waters off Southern California (Beta), East Texas/ Northern Louisiana and Eagle Ford (Non-op). Its oil and gas properties are located in large mature oil and natural gas reservoirs. The Company’s properties consist primarily of direct operating and non-operating interests in the production and development of leasehold acreage and direct interests in identified production wells. The Company’s estimated proven reserves are approximately 121.2 million barrels of oil equivalent (MMBoe). The Company’s subsidiaries include Amplify Energy Operating LLC (OLLC), Amplify Energy Holdings LLC, Amplify Acquisitionco LLC, Amplify Energy Services LLC and Amplify Energy Holdco LLC.

The following table summarizes whether the stock meets each of the tests for this strategy. Not all of the criteria in the table below are given the same weight or are independent, but the table provides a brief overview of the stock’s strengths and weaknesses in the context of the strategy’s criteria.

EARNINGS YIELD: NEUTRAL
RETURN ON TANGIBLE CAPITAL: NEUTRAL
FINAL RANKING: PASS

Detailed analysis of AMPLIFY ENERGY CORP

Complete Guru Analysis for AMPY

Full factor report for AMPY

CROCS, INC. (CROX) is a mid-cap stock in the footwear industry. The rating under our Joel Greenblatt-based strategy has increased from 60% to 80% depending on the company’s underlying fundamentals and the stock’s valuation. A score of 80% or higher generally indicates that the strategy has some interest in the stock and a score above 90% generally indicates strong interest.

Company Description: Crocs, Inc. is engaged in the design, development, marketing, distribution and sale of casual lifestyle footwear and accessories for women, men and children. The Company operates through three segments: the Americas, operating in North and South America; Asia Pacific, operating across Asia, Australia and New Zealand; and Europe, Middle East and Africa (EMEA), operating throughout Europe, Russia, the Middle East and Africa. His collection features Croslite material, which is the company’s brand of closed-cell resin that uses in-mold shoe technology. The Company markets its products in approximately 85 countries through two distribution channels: wholesale and direct-to-consumer. Its wholesale channel includes domestic and international multi-brand retailers, single-brand partner stores, online retailers and distributors. The Company’s direct-to-consumer channel includes retail stores, e-commerce sites and third-party marketplaces. Its products include Crocs, LiteRide and Jibbitz.

The following table summarizes whether the stock meets each of the tests for this strategy. Not all of the criteria in the table below are given the same weight or are independent, but the table provides a brief overview of the stock’s strengths and weaknesses in the context of the strategy’s criteria.

EARNINGS YIELD: NEUTRAL
RETURN ON TANGIBLE CAPITAL: NEUTRAL
FINAL RANKING: FAIL

Detailed analysis of CROCS, INC.

Complete Guru Analysis for CROX

Full factor report for CROX

CAMPING WORLD HOLDINGS INC (CWH) is a small-cap value stock in the retail (specialty) industry. The rating under our Joel Greenblatt-based strategy has increased from 70% to 80% depending on the company’s underlying fundamentals and the stock’s valuation. A score of 80% or higher generally indicates that the strategy has some interest in the stock and a score above 90% generally indicates strong interest.

Company Description: Camping World Holdings, Inc. is a retailer of recreational vehicles (RVs) and related products and services. The Company operates through two segments: Good Sam Services and Plans, and RV and Outdoor Retail. Its Good Sam Services and Plans segment is engaged in the sale of the following offerings: emergency roadside assistance plans; property and casualty insurance programs; travel assistance programs; extended vehicle maintenance contracts; vehicle financing and refinancing assistance; consumer fairs and events, and consumer publications and directories. The RV and Outdoor Retail segment is engaged in the sale of new and used RVs; commissions on financing and insurance contracts related to the sale of RVs; the sale of RV services and collision work; the sale of RV parts, accessories and supplies; the sale of outdoor products, equipment, gear and supplies; business-to-business distribution of RV furniture and the sale of Good Sam Club memberships and co-branded credit cards.

The following table summarizes whether the stock meets each of the tests for this strategy. Not all of the criteria in the table below are given the same weight or are independent, but the table provides a brief overview of the stock’s strengths and weaknesses in the context of the strategy’s criteria.

EARNINGS YIELD: NEUTRAL
RETURN ON TANGIBLE CAPITAL: NEUTRAL
FINAL RANKING: FAIL

Detailed Analysis of CAMPING WORLD HOLDINGS INC

Full Guru Analysis for CWH

Full Factor Report for CWH

More details on Validea’s Joel Greenblatt strategy

Joel Greenblatt Stock Ideas

About Joel Greenblatt: In his 2005 bestseller The Little Book That Beats the Market, hedge fund manager Joel Greenblatt laid out a surprisingly simple way to beat the market using two – and only two – fundamental variables. The “magic formula,” as he called it, produced look-back returns of 30.8% per year from 1988 to 2004, more than double the 12.4% return of the S&P 500 during that period. Greenblatt also produced stellar returns as managing partner of Gotham Capital, a New York-based hedge fund he founded. The company has averaged a remarkable 40% annualized return over more than two decades.

About Validea: Validea is an investment research service that tracks the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information on Validea, click here

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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