Morningstar Magazine - August/September 2017 - 76

Data Dashboard

Morningstar Wide Moat Focus Index The index consists
of U.S. wide-moat stocks with the lowest price/fair value ratios.
The table below shows the 20 cheapest in the index.

Morningstar Equity Star Rating Tracker Number of stocks

globally that received undervalued (4 and 5 stars) and overvalued
(1 and 2 stars) ratings from Morningstar's equity analysts.
Number of Stocks

06/2014-06/2017

Growth of $10K ( 06/2014-06/2017)

13.74 14K
$
13.02

700

Overvalued

523
Morningstar US Market Index

285

12

350
10

Undervalued
Morningstar Wide Moat Focus Index

0
06/2014

06/2015

06/2014

06/2016

10 Most Undervalued Non-U.S. Stocks With Wide Moats 06/30/2017
Company

Price

Fair Value

CHF 244.20

CHF 318.00

GEA Group G1A:DE

EUR 35.83

Anheuser-Busch InBev ABI:BE
Brambles BXB:AU

Roche ROG:CH

Morningstar
Rating

8

06/2016

Top 20 Cheapest Index Holdings 06/30/2017
Company

Price ($)

Fair
Value ($)

P/FV

0.77 QQQQQ

Stericycle SRCL

76.32

110.00

0.69

EUR 45.00

0.81 QQQQ

Express Scripts Holding ESRX

63.84

89.00

0.72

EUR 96.71

EUR 118.00

0.82 QQQQ

CVS Health CVS

80.46

109.00

0.74

AUD 9.73

AUD 11.60

0.83 QQQQ

Compass Minerals International CMP

65.30

88.00

0.76

EUR 83.76

EUR 101.00

0.83 QQQQ

McKesson MCK

164.54

210.00

0.78

GBX 1,635.50 GBX 1,950.00

0.84 QQQQ

Amazon.com AMZN

968.00

1,200.00

0.79

Sanofi SAN:FR
GlaxoSmithKline GSK:GB

P/FV

06/2015

Westpac Banking WBC:AU

AUD 30.51

AUD 35.00

0.87 QQQQ

Walt Disney DIS

106.25

134.00

0.80

Enbridge ENB:CA

CAD 51.66

CAD 59.00

0.88 QQQ

Biogen BIIB

271.36

338.00

0.81

0.89 QQQQ

Allergan AGN

243.09

300.00

0.81

0.89 QQQ

Twenty-First Century Fox FOXA

28.34

35.00

0.81

Microsoft MSFT

68.93

83.00

0.82

L Brands LB

53.89

67.00

0.83

Starbucks SBUX

58.31

70.00

0.83

Wells Fargo WFC

55.41

67.00

0.83

Salesforce.com CRM

86.60

103.00

0.84

Lowe's LOW

77.53

93.00

0.84

Gilead Sciences GILD

70.78

84.00

0.84

Mondelez International MDLZ

43.19

50.00

0.86

Visa V

93.78

108.00

0.86

Polaris Industries PII

92.23

108.00

0.87

Imperial Brands IMB:GB

GBX 3,448.50 GBX 3,900.00

Ritchie Bros Auctioneers RBA:CA

CAD 37.26

CAD 42.00

10 Most Undervalued Morningstar Equity Best Ideas 06/30/2017
Company

Price

Fair Value

Morningstar
P/FV Rating

Cenovus Energy CVE:CA

CAD 9.56 CAD 23.00 0.42 QQQQQ

Cameco CCO:CA

CAD 11.81 CAD 24.00 0.49 QQQQQ

Fiat Chrysler Automobiles FCAU:NL

EUR 10.63 EUR 20.00 0.53 QQQQ

Santos STO:AU

AUD 3.02

AUD 5.30 0.57 QQQQQ

TripAdvisor TRIP

$38.20

$67.00 0.57 QQQQQ

HollyFrontier HFC

$27.47

$44.00 0.62 QQQQ

Hi-Crush Partners HCLP

$10.85

$17.50 0.62 QQQQQ

RSP Permian RSPP

$32.27

$52.00 0.62 QQQQ

Advance Auto Parts AAP

$116.59

$180.00 0.65 QQQQQ

$54.21

$84.00 0.65 QQQQQ

Tractor Supply TSCO

76

Morningstar August/September 2017

Morningstar, Inc's Investment Management division licenses indexes to financial institutions as the tracking indexes for
investable products, such as exchange-traded funds, sponsored by the financial institution. The license fee for such use is
paid by the sponsoring financial institution based mainly on the total assets of the investable product. Neither Morningstar,
Inc. nor its investment management division markets, sells or makes any representations regarding the advisability of
investing in any investable product that tracks a Morningstar index.
The Best Ideas list is compiled by Morningstar's equity research teams. Price/fair-value ratios are calculated by Morningstar
analysts and reflect stocks currently under coverage. Wide Moat Focus Index methodology changed in June 2016.
http://www.Amazon.com http://www.Salesforce.com
Table of Contents for the Digital Edition of Morningstar Magazine - August/September 2017
