We’ve launched a new investment firm called Acquirers Funds® to help you put the acquirer’s multiple into action.
Our investment process begins with The Acquirer’s Multiple®, the measure used by activists and buyout firms to identify potential targets. We believe deeply undervalued, and out-of-favor stocks offer asymmetric returns, with the potential for limited downside and a greater upside.
The returns to deep value are potentially realized in two ways:
- First, through mean reversion in the underlying business, and
- Second, through a narrowing of the discount to valuation, either through the passage of time or the intervention of activists and buy-out firms.
We take a holistic approach to valuation, examining assets, earnings, and cash flows, to understand the economic reality of each company. An important part of this process is a forensic-accounting diligence of the financial statements, particularly the notes and management’s discussion and analysis, to find information that may impact investment decisions.
We implement the strategy in a highly liquid, tax-efficient, capital-efficient structure.
See Our Deep Value Stock Screener
We identify the 30 best deep-value opportunities right now in all US and Canadian stocks and ADRs (excluding financials and utilities) using The Acquirer’s Multiple®. Choose from four universes: Large Cap 1000 (free), All Investable, Small and Micro Cap and Canada All TSX.
Read The Acquirers Multiple® Book
Acquirers Funds® is guided by the strategy described in the book The Acquirer’s Multiple: How the Billionaire Contrarians of Deep Value Beat the Market is out now on Kindle, paperback, and Audible.
Listen to The Acquirers Podcast
Our The Acquirers Podcast we talk to value investors about how they find undervalued stocks, deep value investing, hedge funds, shareholder activism, buyouts, and special situations.
We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.