I think many people would be better off using a simple and quasi mechanical approach like the PYAD value-based method.  I was happy to see the stocko already had a pyad filter.   My filter probably works a little different to most, as I'm also subscribed to euro stocks.  I download the output and filtered it to remove all banking shares.  There are a lot of banking shares coming up, which indicates what the big money thinks.

I ended up with 40 shares.  There's a couple of downstream oilies, builders and some insurers. I've sorted it by descending market cap, on the basis that the bigger the better.  The top share is an insurer. £SSAB is a steel manufactuer.  UK shares represented here are mostly house builders which is interesting and worth considering the implications. I'm not surprised to see Ferrexpo (LON:FXPO) here.

At first glance I think OMV, Strabag and SSAB looking interesting.

Unlock the rest of this article with a 14 day trial

Unlock with Email
Unlock with Google

Already have an account?
Login here

About the Author

FreakNomad

Premium Member

10 comments

Create an account
doctor dave
7th May '22

It’s tricky isn’t it? The market falls and suddenly everyone goes PYAD instead of loading up on the monster fallers. But PYAD is of course a pretty sound, sleep-well, strategy. 

I have a wide share range too and hold SSAB (beware Swedish tax on dividend) Strabag and Ferrexpo. 
Reply
jjis
8th May '22

I do something similar in the UK but look for good value, quality companies offering well covered growing dividends backed up with strong finances & ideally seeing earnings upgrades too to support the achievement forecast dividend growth. This has served me well over the last 7 years although this year is proving to be a bit more tricky as others are finding too I think. As one of the other replies mentioned I have noticed quite a few people coming round to the under appreciated attractions of dividends after the speculative excesses of the last couple of years, but each to their own I suppose. 

Similar to what you find the top decile (see below) at the moment is dominated by commodities, builders, financials, a smattering of growth / quality names which have de-rated a bit and a few industrial / service Companies where there might be question marks about cyclicality. 

Jamie: Compound Income

32434b664c22238578ba5730c53cc97a82e066a01652014353.png
Reply
Rusty2
8th May '22

I did not realise there was a screen: https://www.stockopedia.com/sc...

Some of those have been affected by energy prices and war in Ukraine. Many builders on there, I would be very wary about them, if there is a recession then probably get hit quite hard. Also retailers.

Surprised there are no insurers on there but Legal & General (LON:LGEN) is close, I think worth considering at its current share price, dividend is not bad. I’m adding some green energy stocks such as Sse (LON:SSE)
Reply
FreakNomad
9th May '22

As insurers, Vienna and Axa are on the list. The Ukraine war may represent a buying opportunity.
Reply
jjis
9th May '22

It's not a very useful screen as it seems to be picking up mostly high yielding investment funds & VCT's unless that is something one is looking for. This seems to be because although the screen tries to exclude collective investments, the funds it captures are all (mis?) classified in Investment Banking & Investment Services.
Reply
FreakNomad
9th May '22

That's why on the above list I filtered out banking shares.  I've now copied and amended the filter to exclude most financials.
Reply
Metatron
9th May '22

Re-insurers may also benefit from rising interest rates
Reply
Rusty2
9th May '22

Sorry, I meant uk insurers.
Reply
Rusty2
9th May '22

Have to watch out for Swiss tax on Ferrexpo (LON:FXPO) as well, will that dividend be paid? 
Reply
Sheru The Vegan Westie
26th Jul '23

Over one year on … what are your views on OMV now? Are the shares a good bargain now? - thanks :-)
Reply
>
© Stockopedia 2025, Refinitiv, Share Data Services.
Youtube Instagram RSS
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.
Flag Ticker Name Mkt Cap (m GBP) Stock Rank™ P / E TTM P / B Latest Net Debt Latest Yield TTM (%) Industry Grp Sector
fr £CS Axa Sa 49552781.7 67 6,86 0,82 -2542 6,24 Insurance Financials
se £SSAB A Ssab Ab 46604427.2 99 2,91 0,70 -5883 9,44 Metals & Mining Basic Materials
it £STLA Stellantis Nv 34021329.5 91 2,57 0,71 -17832 8,17 Automobiles & Auto Parts Consumer Cyclicals
at £VIG Vienna Insurance Ag Wiener Versicherung Gruppe 25042303.5 84 6,60 0,54 -462,912 5,45 Insurance Financials
fr £TFI Television Francaise 1 Sa 14022745.7 99 7,36 0,92 -292,1