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>H&amp;E Equipment's valuation gap with the current industry leader has reached a new high.</li>
<li>Temporary drop in utilization rates due to the pandemic affected disproportionally smaller players, such H&amp;E Equipment.</li>
<li>The company is well-positioned to take a more aggressive stance on its organic and M&amp;A driven expansion.</li>
</ul>


H&amp;E Equipment's valuation gap with the current industry leader has reached a new high.
Temporary drop in utilization rates due to the pandemic affected disproportionally smaller players, such H&amp;E Equipment.
The company is well-positioned to take a more aggressive stance on its organic and M&amp;A driven expansion.


H&E Equipment Services

H&E Equipment: Consolidation Ahead