Morningstar - Summer 2019 - 100

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

04/01/2016-03/31/2018

Growth of $10K (04/01/2016-03/31/2018)

1000

$18K
Morningstar Wide Moat Focus Index

Overvalued

563
407

04/2017

14.64

500

Undervalued

04/2016

16.01
14

Morningstar
US Market Index

0

04/2018

10
04/2016

10 Most Undervalued Non-U.S. Stocks With Wide Moats 03/31/2019

04/2017

04/2018

Top 20 Cheapest Index Holdings 03/31/2019
Company

Price ($)

Fair
Value ($)

P/FV

0.53 QQQQQ

McKesson MCK

117.06

210.00

0.56

EUR 38.00

0.61 QQQQQ

Cardinal Health CAH

48.15

82.00

0.59

JPY 6,860.00 JPY 11,100.00

0.63 QQQQQ

Compass Minerals International CMP

54.37

81.00

0.67

Imperial Brands IMB:GB

GBX 26.25 GBX 3,700.00

0.71 QQQQQ

Biogen BIIB

236.38

327.00

0.72

British American Tobacco BATS:GB

GBX 31.94 GBX 4,500.00

0.71 QQQQQ

Bristol-Myers Squibb BMY

47.71

65.00

0.73

Company

Price

Fair Value

Bayer BAYN:DE

EUR 57.60

EUR 108.00

GEA G1A:DE

EUR 23.35

Hoshizaki 6465:JP

P/FV

Morningstar
Rating

HKD 361.00

HKD 499.00

0.72 QQQQ

Kellogg K

57.38

78.00

0.74

Anheuser-Busch InBev ABI:BE

EUR 74.76

EUR 103.00

0.73 QQQQQ

Microchip Technology MCHP

82.96

112.00

0.74

Julius Baer Gruppe BAER:CH

CHF 40.51

CHF 55.00

0.74 QQQQ

Wells Fargo WFC

48.32

65.00

0.74

ABB ABBN:CH

CHF 18.77

CHF 25.00

0.75 QQQQ

AmerisourceBergen ABC

79.52

106.00

0.75

JPY 2,745.00

JPY 3,600.00

0.77 QQQQQ

State Street STT

65.81

82.00

0.80

Tencent 00700:HK

Japan Tobacco 2914:JP

10 Most Undervalued Morningstar Equity Best Ideas 03/31/2019
Price

Fair Value

Morningstar
P/FV Rating

HKD 3.01

HKD 5.80

0.52 QQQQQ

Kion KGX:DE

EUR 46.59

EUR 90.00

0.52 QQQQQ

G4S GFS:GB

GBX 183.50

GBX 337.00

0.54 QQQQQ

Vodafone VOD:GB

GBX 139.80

GBX 250.00

0.56 QQQQQ

WPP WPP:GB

GBX 810.80

GBX 1450.00

0.56 QQQQQ

$43.06

$76.00

0.57 QQQQQ

EUR 7.51

EUR 13.00

0.58 QQQQQ

EUR 68.75

EUR 117.00

0.59 QQQQQ

$53.01

$88.00

0.60 QQQQQ

CHF 11.94

CHF 20.00

0.60 QQQQQ

Company

Guangshen Railway 00525:HK

American International Group AIG
Telefonica TEF:ES
Bayerische Motoren Werke BMW:DE
Wesco International WCC
Credit Suisse CSGN:CH

100

Morningstar Summer 2019

Western Union WU

18.47

23.00

0.80

John Wiley & Sons JW.A

44.22

55.00

0.80

Polaris Industries PII

84.43

105.00

0.80

Charles Schwab SCHW

42.76

53.00

0.81

Applied Materials AMAT

39.66

49.00

0.81

1,780.75

2,200.00

0.81

Caterpillar CAT

135.49

167.00

0.81

General Dynamics GD

169.28

207.00

0.82

Emerson Electric EMR

68.47

83.00

0.82

Intel INTC

53.70

65.00

0.83

Amazon.com AMZN

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
Morningstar - Summer 2019

Table of Contents for the Digital Edition of Morningstar - Summer 2019
