저자: 미상 · 외국인
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피터 린치의 『One Up On Wall Street』 내용을 소개하는 영상. 기업을 저성장·우량주·고성장·경기순환·턴어라운드·자산주 6가지로 분류하고, 고성장주(EPS 성장률 20~25%)가 멀티배거 수익을 준다고 설명. PEG 1 미만, 매출·이익 성장률 두 자릿수, ROE 15% 이상 등 선별 기준 제시. 유행주와 과도한 분산투자, 단일 고객 의존 기업은 피하라고 강조.
다듬은 글
Hello Investors, this is Part 2 of the video, 1 on Wall Street, written by Peter Lynch. We have already released Part 1. So in this Part 2 video, we will see how Pasta Kroyer gives a multi-bagger return and how he categorizes the company. Look, he categorizes and divides companies into six types: slow growers, stalwarts, fast growers, cyclicals, tenors, and asset plays.
So we need to know which category a share you buy falls into. So if we look at it that way, Slow Growers, then that company will grow slowly. That's why Slow Growers are already established companies. A good large-cap stock will pay a good dividend that is growing. Fast Couriers is a fast-growing company, which is important because it can provide multibagger returns.
Fast Couriers are one of these fast-growing companies. Peter Lynch would say that if you want 10x, this past week he'll give it to you. That means there needs to be a company that can grow by more than 10 to 20%, so let's see what that means. We can tell you what kind of company Steel Chemicals is, which could be Cyclicals.
Companies that went down the drain and didn't perform well, paid off all their debts, cleared their debt, and came back up and started performing well. Companies that went down the drain and didn't perform well, like Aster Place, have a lot of assets. The company is categorizing the Acer Plane as something like that .
So, if you bought a share, read our book, or watch this video, and then you buy the next share, see what it says . That's what Peterlin says. He says that we should know if a stock is slow to grow or fast to grow, which is a stock that you can buy . Peter Linsot's first category company is Slow Grower.
If that company was a Slow Grower, that company would have been avoided. Let's leave it at that and go see the company that is in Kattagiri. Fast Courier will give us a multipack return . If you avoid slow growth and look for next, the stalls will come and companies that have already grown well will give a good dividend.
They say that EPS growth will be 10 to 12%. Peterlin says this is a good recession resistance and should be bought at a good, cheap valuation . They say that these kinds of companies will survive any recession or market crash. For example, some large- cap companies like AMCG will fall no matter what.
But it won't go down too low, and people will buy products from that company. So it could be fmcg stuff. That company also pays a good dividend. The EPS growth rate will be 10 to 12% per year . Cho says to buy those kinds of companies while they're cheap . If we bought it at a high price, that would be a bit of a negative growth for us .
So, buy those kinds of companies when they're cheap, and buy large caps when they're cheap . That's what he says. Peter Lynch really liked the Fast Food category of companies. It's a great feeling to have a company that can grow from 20% to 25% . This fast carrier will give a multi-packer return. So let's try this ourselves.
A company that can give 10xx can be a multi-packer. It will be a pastime. So EPS growth is expected to be 20 to 25% annually. He says to find companies like that . Let's see how he tells us how to do it in this book . So, watch this EPS growth chart . EPS growth should be 20 to 25% per year. It would be enough to have 20-25 for the last 3 years.
There's a good chance it will be a good multi-bugger . Cyclical companies say that when this kind of economic rotation comes, buy at the right time and exit at the right time. But our retail investors do n't know when that will be. So, he says that if you know how to invest in this cycle, you will have a good use for it .
So we should have known when to enter and when to exit, because there was a cyclical company. Asset-rich companies mean that the company's balance sheet has a lot of land, a lot of hard assets, and a lot of cash reserves. Investors in the stock market may have left it without giving it the right value.
So, a company like that comes in and has a lot of land. If you know that it has a lot of buildings, that is, a lot of real estate, then you can invest in it as a real estate investment . They say that kind of company is called As Play Company. Peter Linsden says that it would also be a good safe investment.
Some companies are either temporary or perform very poorly for a few days and then go down significantly. Osta will continue to perform . At that time, they say that if you invest in a certain area thinking that the future will be good, there is a chance that you will lose all your money. At the same time, he says that if the company performs well and turns around and starts performing well, it will give a huge return.
Similarly, Peterlin says to avoid companies with troubled companies and bank debt when purchasing distressed stocks. So when you buy a share, look at this ratio, which Peterlin says is important. This will be on the screeners. There is a ratio called the Peg ratio . It's not below one, it's 1.2, but if it's below one, it means it's in good growth.
It means it is growing well. If the P/E ratio is below 1.2, that is, if the fair value is below one, it means that the stock is at an attractive value. If the P/E ratio is below one, it means that the company is growing well . So the pay ratio should be below one. This guy says it should be below 0.33, just like everyone else says.
A company without depth is said to have a company that lacks depth . The next most important thing to look at is sales growth and profit growth. No matter which company you are going to invest in, you should Google or search for Gemini for the last 5 years . Sales growth and profit growth should be in double digits.
We want to grow in double digits. This means that sales revenue should grow by more than 10%. Profits should also grow. That kind of company will give us returns . Let's invest our money to grow . Because that company needs to grow in revenue and profits need to grow even more. Look , he's wearing it.
It would be enough if sales growth was in the double digits at 10% for 5 years and profit growth was in the double digits at 12%. We know that return on capital, return on equity . Everything should be above 15% . The pay ratio should be below this and this pay ratio is very important. It was Peter Lynch who made this Peg Ratio famous.
You buy a share. If you check if this stock has good potential and the P/E ratio is below, then this is great. Sometimes a good blue chip company is below one. If you look now, it was taken from the screen I'm showing you now . Look at this company's P/E ratio, it's below one. There is so much growth.
Peter Lynch said what kind of companies to avoid . Look at the Fire Red Flag, the hottest stock in the hottest industry, meaning a stock that everyone is talking about, a stock that everyone is buying, a stock that is now the talk of the town. This is the stock that everyone is buying, if it is being talked about, avoid it .
Similarly, if you compare unrelated companies by saying, "Power of the Next Something," "This is the next HFC Bank," "This is the next ITC," "This is the next," etc., that's wrong. You should pay close attention to this because they said that ICI Bank is the next HDFC Bank, but ICI Bank has grown to be the largest bank.
So, what you need to check is not that the company is the next HDFC, but that this company is a good company and that it has growth, and that we shouldn't compare it by saying it's next . Similarly, Peterlin doesn't like diversification, as a company becomes a conglomerate and spends cash on unnecessary businesses .
Here, we can also compare our ITC . What the IT investors said was, "You take the profits from these ACG cigarettes and put them in a hotel and burn them, and you put them in an IT company and burn them ." He doesn't like companies that do that kind of unnecessary diversification. He would say, "Look at companies that do specific business." Similarly, when the Gangalamaretta demerger happened, he said that if that specific company did a good job, he could buy it .
Beware of whispers, they say, and avoid stocks that come with good roommates . Single customer dependency: A company is dependent on only a single customer. 50-60% of them say that they are the only customers, so stay away from them. So, they say that if companies like that lose a customer, that company will suffer a huge loss .
That's why he says that AMCG Retail is the best investment because everyone is buying it . This is the summary of the final one on Wall Street book. Invest in businesses that you know what you're investing in . Boring Companies There will be a company that does boring business. These FMCG cigarettes are doing a boring business for some large cap companies.
That would be good for the long term. You will also receive dividends. Invest in companies that have no debt cash release . That is, there should be no deep debt . There must be a company with very little debt . A company should have a good cash reserve . We should know what you want and what you have invested in.
So, your company came and asked, "What's up with the Basque Country ?" We should know which company is growing well and which company is growing . Past Karoira must be there. The past carrier will return the multi-beggar. He says you can invest in it. EPS growth should be 20 to 25%. Adana Fast Carrier will return the multi-bugger .
One important ratio he mentioned in this book is the PEG ratio, which should be one below the BILL. Sales growth and profit growth should be in the double digits. If a company meets all of these criteria, it will give a good return . It means you are investing in a good company . As Peterlin said, we'll see you again in another video. Thank you, people.
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