{"id":66,"date":"2015-04-24T21:02:36","date_gmt":"2015-04-24T21:02:36","guid":{"rendered":"http:\/\/kempner.ggsitebuilder.com\/?page_id=66"},"modified":"2020-01-31T21:36:24","modified_gmt":"2020-01-31T21:36:24","slug":"equity-process","status":"publish","type":"page","link":"https:\/\/kempnercapital.com\/equity-process\/","title":{"rendered":"Our Investment Process"},"content":{"rendered":"<p>1. Screen a limited universe of stocks to find companies which initially meet our criteria for:<\/p>\n<ul>\n<li>P\/E Multiple<\/li>\n<li>Projected 12-month Earnings<\/li>\n<li>Price\/Cash Flow Multiple<\/li>\n<li>Price\/Book Multiple<\/li>\n<li>Dividend Yield<\/li>\n<li>Generally at no more than 20% above 52-week Low<\/li>\n<li>Debt Quality of at least investment grade<\/li>\n<\/ul>\n<p dir=\"ltr\">2. Once a research universe of selected stocks is established<\/p>\n<ul>\n<li>Examine each company on a stock-by-stock basis<\/li>\n<li>Using Bottom Up Approach:\n<ul>\n<li>Price\/Earnings Multiples<\/li>\n<li>Asset Growth Rates (Inflation Adjusted)<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>1. Screen a limited universe of stocks to find companies which initially meet our criteria for: P\/E Multiple Projected 12-month Earnings Price\/Cash Flow Multiple Price\/Book Multiple Dividend Yield Generally at no more than 20% above 52-week Low Debt Quality of &hellip; <a href=\"https:\/\/kempnercapital.com\/equity-process\/\">Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-fullwidth.php","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/kempnercapital.com\/wp-json\/wp\/v2\/pages\/66"}],"collection":[{"href":"https:\/\/kempnercapital.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/kempnercapital.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/kempnercapital.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kempnercapital.com\/wp-json\/wp\/v2\/comments?post=66"}],"version-history":[{"count":8,"href":"https:\/\/kempnercapital.com\/wp-json\/wp\/v2\/pages\/66\/revisions"}],"predecessor-version":[{"id":542,"href":"https:\/\/kempnercapital.com\/wp-json\/wp\/v2\/pages\/66\/revisions\/542"}],"wp:attachment":[{"href":"https:\/\/kempnercapital.com\/wp-json\/wp\/v2\/media?parent=66"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}