Value Investing

Vladimir Dimitrov, CFA

I am a former strategy consultant with heavy exposure to business and intangible assets valuation. Throughout my career I have been focused on solving complex business problems through the lens of the overall business strategy and by incorporating a set of valuation and financial modelling techniques.

In my spare time I have been exploring the concept of value investing and in particular finding companies with sustainable competitive advantages that also trade below their intrinsic value. In addition to my bottom-up approach of individual equities I also take a more holistic view of the markets through factor investing techniques.

Equity Bottom-Up

H&E Equipment Services / Equity Bottom-Up

<ul><li>One year later, H&amp;E Equipment shares still look attractive, in spite of the exceptionally strong performance.</li><li>Tailwinds for the rental equipment industry remain strong and HEES is gearing up to accelerate its organic growth strategy.</li><li>Becoming a pure play rental company will have significant implications for the company's utilization rates and margins.</li></ul>

One year later, H&amp;E Equipment shares still look attractive, in spite of the exceptionally strong performance.Tailwinds for the rental equipment industry remain strong and HEES is gearing up to accelerate its organic growth strategy.Becoming a pure play rental company will have significant implications for the company's utilization rates and margins.

H&E Equipment: Catching Up With The Leader