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

<ul><li>Since I first covered Kimberly-Clark back in June of last year, the total return has been disappointing, to say the least.</li><li>Rising commodity prices are proving to be a headwind for all Personal &amp; Home Care companies, however, KMB is hit disproportionally.</li><li>Kimberly-Clark is at a competitive disadvantage to its peers, which could have a lasting impact on returns.</li></ul>

Since I first covered Kimberly-Clark back in June of last year, the total return has been disappointing, to say the least.Rising commodity prices are proving to be a headwind for all Personal &amp; Home Care companies, however, KMB is hit disproportionally.Kimberly-Clark is at a competitive disadvantage to its peers, which could have a lasting impact on returns.

Kimberly-Clark Did Underperform, I Don't See This Changing

Kimberly Clark

Kimberly-Clark Did Underperform, I Don't See This Changing