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September, 2025: 14 21 25
Disclaimer - IMPORTANT - Read this first!
| Investor's Journal is a diary focused strictly on investments and personal finance issues, primarily from a contrarian and retiree point of view. Follow along with an average guy's failures and successes as he learns, by trial and error, the fine art of value investing. |
9/14/25- Our new value pick is Endava (DAVA), a Technology Sector asset and a Morningstar 5 (highest) rated stock which also has a debt to equity ratio of 0.50 or below (in this case 0.29), and an average price to intrinsic value estimate (P/IV) of 0.67 or below (in this case 0.32). The price to free cash flow is low, 7.71. DAVA's price to book value is also low, at 0.70, as is its price to sales, at 0.40. Though the trailing P/E is 21.66, the forward P/E is low, at 6.78.
DAVA is not an asset that can be expected to provide near-term gains. It is considered a higher than average risk stock and may be volatile either on the upside or downside. A portfolio of such stocks, representing multiple sectors, should do well. Typically, for instance, Morningstar 5-rated companies with low P/IV have shown above average returns if held for at least a year and/or until their price to intrinsic value is 1.0 or above. This does not mean, though, that any particular Morningstar 5-rated company's stock will do well.
9/21/25- Since late August, our total liquid assets have increased $31,765 or 1.34% in market value and now stand at $2,397,819. From the end of 2024, our nest egg of all assets, including real estate, is up $139,232 or 4.94%. Its current value is $2,957,820.
Our liquid asset portfolio's dividend rate is 3.10% which exceeds our expenses, so we can let the principal alone whether the market is up or down.
A new stock pick is UP Fintech, Ltd. (TIGR). It is selling for $11.15, is in the Financial Services sector, is a micro-cap stock (market capitalization $2 billion), has a forward P/E of 14 (below a mean P/E of 15), has a remarkably high return on invested capital of 16.50%, and this stock has outperformed the S&P 500 Index by 150.25%. Currently it has no dividend. Its debt to equity is 0.23. TIGR stock has both value and momentum characteristics.
9/25/25- A value investment of potential interest is Kelly Services, Inc. (KELYA), $12.87, an Industrials Sector security. KELYA is rated highly by some brokerage services. The asset also has a very low debt to equity ratio of 0.11. Stocks with low debt on average outperform the major market averages. Its price to sales ratio is low too, at 0.10, as is both its price to free cash flow, at 4.37, and its price to book value, at 0.36. Its average price to intrinsic value is 0.28, giving this stock a good margin of safety. It has a better than 2% dividend. However, Kelly Services has had earnings losses that have significantly disappointed investors, leading to a major drop in the share price over the past year. While the prospect of a turn-around in its fortunes suggests a target price over 100% above its current per share cost, this stock is not without risk.
Disclaimer and Disclosure Statement
Neither I nor Investor's Journal will be responsible for losses by anyone who obtained ideas from this site.
This diary is intended for personal interest and general information only. You are advised to do your own research (as well as to consult highly compensated professionals) before spending money on anything.
I know of no reason anyone should take my financial musings seriously. At best I am a dedicated amateur providing a bit of investment-related insight and entertainment, at worst an amusing diversion.
My wife, Fran, and I may at times own shares of some of the assets mentioned here. But neither of us receive any benefit from reference to them, unless you count the mutual misery when we get it wrong, or the opportunity to gloat when we get it right.