BENJAMIN GRAHAM'S CLASSIFICATION OF TYPE OF INVESTORS

SELF-REFLECTION QUESTION

1. Do you have time to analyse companies? (0: No time; 10: Plenty of time)

2. How much are you willing to lose your investments in stocks? (0: Little; 10: A lot)

3. Have you set aside enough cash to support yourself and/or your loved ones (children/parents)?

(0: Not enough; 10: More than enough)

4. Is your income stable now? (0: Unstable; 10: Very Stable)

SUGGESTED PORTFOLIO ALLOCATION

*ETFs was not mentioned in this chapter of The Intelligent Investor

TYPE OF INVESTOR

DEFENSIVE/PASSIVE INVESTOR
Backup Cash
25%		 Cash/Bonds/*ETFs
75%
  • Stable & low return (<8%)
  • Highly Diversified
  • Minimal time
  • Not interested & don't want to be affected by stock market
  • "I don't want to know & I don't care" attitude
ENTERPRISE/ACTIVE INVESTOR
Backup Cash
25%		 Stocks
75%
  • Not so stable & higher return (>10%)
  • Need to manage Portfolio
  • More time required
  • Regular monitoring of companies
  • "I want to know & I care" attitude

VIA TARGET PRICE CALCULATOR

Enter Stock Ticker Symbol
Step 1: Finding Growth Rate
Key in Past EPS
Key in Present EPS
Key in Number of Years
Growth Rate (%)
Adjusted Growth Rate (%)
Step 2: Key in Years of Continuous Growth
Step 3: Assumed Discounted Rate (%)
Growth Value
Step 4: Determine Inflation Rate
Step 5: Determine Years of Survival After Growth Ends
Stagnant Value
Net Present Value of Stock is
Step 6: Add Margin of Safety
Target Buy Price

FUNDAMENTAL DATA

Note: If you are unable to extract the relevant data, please enter the ticker symbol with region. Example: XXXX&region=SGP

Growth Profitability and Financial Ratios for Coca-Cola Co
Financials
- 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 TTM
Revenue USD Mil 46,542 48,017 46,854 45,998 44,294 41,863 35,410 31,856 37,266 33,014 36,412
Gross Margin % 60.9 60.3 60.7 61.1 60.5 60.7 62.6 63.1 60.8 59.3 60.6
Operating Income USD Mil 10,154 10,779 10,228 9,708 8,728 8,626 9,652 9,781 10,533 9,824 11,634
Operating Margin % 21.8 22.4 21.8 21.1 19.7 20.6 27.3 30.7 28.3 29.8 32.0
Net Income USD Mil 8,572 9,019 8,584 7,098 7,351 6,527 1,248 6,434 8,920 7,747 8,079
Earnings Per Share USD 1.85 1.97 1.90 1.60 1.67 1.49 0.29 1.50 2.07 1.79 1.87
Dividends USD 0.94 1.02 1.12 1.22 1.32 1.40 1.48 1.56 1.60 1.64 1.66
Payout Ratio % * 34.0 51.8 56.7 66.4 82.5 83.6 140.3 211.0 84.6 84.5 88.8
Shares Mil 4,646 4,584 4,509 4,450 4,405 4,367 4,324 4,299 4,314 4,323 4,330
Book Value Per Share * USD 7.34 7.34 7.30 7.66 6.02 6.08 5.19 4.28 4.37 4.33 5.15
Operating Cash Flow USD Mil 9,474 10,645 10,542 10,615 10,528 8,796 7,106 7,627 10,471 9,844 12,583
Cap Spending USD Mil -2,920 -2,780 -2,550 -2,406 -2,553 -2,262 -1,675 -1,347 -2,054 -1,177 -1,091
Free Cash Flow USD Mil 6,554 7,865 7,992 8,209 7,975 6,534 5,431 6,280 8,417 8,667 11,492
Free Cash Flow Per Share * USD 1.35 1.72 1.79 1.85 1.94 1.47 1.41 1.28 1.90 1.69 -
Working Capital USD Mil 1,214 2,507 3,493 612 6,465 7,478 9,351 1,411 -6,562 4,639 -
-
Profitability 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 TTM
Tax Rate % 24.52 23.06 24.84 23.60 23.31 19.49 82.47 19.44 16.70 20.32 25.91
Net Margin % 18.42 18.78 18.32 15.43 16.60 15.59 3.52 20.20 23.94 23.47 22.19
Asset Turnover (Average) 0.61 0.57 0.53 0.51 0.49 0.47 0.40 0.37 0.44 0.38 0.39
Return on Assets % 11.21 10.86 9.74 7.80 8.07 7.36 1.42 7.52 10.52 8.92 8.74
Financial Leverage (Average) 2.53 2.63 2.71 3.04 3.53 3.78 5.15 4.90 4.55 4.52 4.05
Return on Equity % 27.37 28.00 26.03 22.36 26.31 26.85 6.22 37.79 49.61 40.48 40.67
Return on Invested Capital % 14.87 14.27 12.58 9.86 10.63 9.53 2.02 10.58 15.11 13.89 14.15
Interest Coverage 28.43 30.75 25.79 20.31 12.22 12.10 9.02 10.09 12.40 7.78 5.98
-
Liquidity/Financial Health 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 Latest Qtr
Current Ratio 1.05 1.09 1.13 1.02 1.24 1.28 1.34 1.05 0.76 1.32 1.47
Quick Ratio 0.78 0.77 0.90 0.81 0.89 0.98 0.90 0.66 0.56 0.96 1.12
Financial Leverage 2.53 2.63 2.71 3.04 3.53 3.78 5.15 4.90 4.55 4.52 4.05
Debt/Equity 0.43 0.45 0.58 0.63 1.11 1.29 1.83 1.49 1.45 2.08 1.78
-

GRAPHS

SUMMARY OF RESULTS OF VIA FUNNEL

NO VIA CRITERIA DESCRIPTION PASS/FAIL
1 Criteria #2a EPS (Positive) PASS
2 Criteria #2b EPS (Uptrend) FAIL
3 Criteria #2c Gross Margin > 40% PASS
4 Criteria #2d Gross Margin (Uptrend) FAIL
5 Criteria #3a Operating Cash Flow (Positive) PASS
6 Criteria #3b Operating Cash Flow (Uptrend) FAIL
7 Criteria #3c Free Cash Flow (Positive) PASS
8 Criteria #3d Free Cash Flow (Uptrend) FAIL
9 Criteria #4a ROE > 15% PASS
10 Criteria #4b ROE (Uptrend) FAIL
11 Criteria #5a ROA > 7% PASS
12 Criteria #5b ROA (Uptrend) FAIL
13 Criteria #6a Debt/Equity < 0.5 FAIL

Earnings Per Share

Gross Margin %

Operating Cash Flow

Free Cash Flow

Return on Assets %

Return on Equity %

Debt/Equity

VIA FINANCIAL FREEDOM ROADMAP