Doing bespoke work since 2002....., Custom Products Group

Patrick Hansen

Doing bespoke work since 2002.....

Custom Products Group

Custom Products was started 14 years ago at Lehman Brothers by current co-founder Patrick Hansen, CFA. After 3 years at Lehman, Patrick moved the team to Macquarie Securities where Simon Rigney (co-founder) joined. 3 years ago we took Custom Products independent. 

Our core strength can be summed up three words. 1- Customization - we have very little off the shelf products and most work is done on a one on one bespoke basis. 2- Speed - We pride ourselves in our ability to get requests back to the client very quickly. 3- Confidentiality - We do not redistribute. There is no grace period where we wait a week and then mass blast. Any request stops with that client.

Equity Bottom-Up

<p>While low PE names are good, low PE names with growth are better. We screened for names with FY1 PE below 13x that have grown EPS in the last 3 years and are expected to continue to grow EPS in the next two years. The largest 2 names to make the screen were <a href="https://www.smartkarma.com/entities/72" target="_blank" data-smartkarma-citation="entities:72:1">Nissan Motor Co Ltd (7201 JP)</a> with an 8x FY1 PE and <a href="https://www.smartkarma.com/entities/13520" target="_blank" data-smartkarma-citation="entities:13520:1">Central Japan Railway Co (9022 JP)</a> with a FY1 PE of 10x.</p><h2>Screen Results</h2><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/021/274/original/eps%20growth3.png?1487615465" class="editor-image img-responsive" data-smartkarma-image-id="21274"></figure><div class="content-caption"><strong>Source: Custom Products</strong></div><p>To highlight a couple of the names....</p><p><strong><a href="https://www.smartkarma.com/entities/1109" target="_blank" data-smartkarma-citation="entities:1109:1">Dai Ichi Life Insurance (8750 JP)</a></strong>has a current FY1 PE of…</p>

While low PE names are good, low PE names with growth are better. We screened for names with FY1 PE below 13x that have grown EPS in the last 3 years and are expected to continue to grow EPS in the next two years. The largest 2 names to make the screen were Nissan Motor Co Ltd (7201 JP) with an 8x FY1 PE and Central Japan Railway Co (9022 JP) with a FY1 PE of 10x.Screen ResultsSource: Custom ProductsTo highlight a couple of the names....Dai Ichi Life Insurance (8750 JP)has a current FY1 PE of…

Low Japanese PE Names Due to EPS Growth....