Applied Finance argues that despite their prices, growth companies may very well be undervalued in terms of their intrinsic value.
Value Investors Don’t Need to Avoid Growth Companies. In Fact, Doing So Can Hurt Returns.
Valuation Beta 2022 Update
In October 2020, Applied Finance published a research paper (Valuation Beta) that studied the attributes of a comprehensive intrinsic value framework in the context of asset pricing studies popularized by Fama French’s expansion from the [...more]