Vlora Asset Management employs a disciplined investment process that is based on mid- to long-term objectives.
Our fundamental investment strategy relies on bottom-up analysis to identify high quality companies at attractive prices.
In seeking high quality businesses, we employ the following criteria:
- High return on equity
- High return on assets
- High return on invested capital
- Low leverage
- Durable demand for products
- Real, sustainable earnings growth
- A good price
Upon meeting these criteria, we conduct an in-depth evaluation of the certainty of the long-term economic characteristics of each business and the quality of its management.
To be admitted to our portfolio, a company’s market price should be below our estimate of its fundamental value.