What is the Best Way to Value a Stock?

Why do many popular valuation measures use a company's earnings as the main representative of fundamental value, rather than dividends?

Dan Kemp 31 August, 2017 | 11:43AM
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Both measures point to an overvalued market, but CATY to a far lesser extent

 

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About Author

Dan Kemp

Dan Kemp  is Chief Investment Officer, Morningstar Investment Management EMEA