Polish Valuation Portfolio (PVP) 9,39% p.a.

I have recalculated and evaluated the Polish stocks valuation portfolio against the last closing (czech version), which was done on April 23, 2021. The performance has dropped significantly, but still not bad. Based on full year calculation (p.a.) the result is 8,02 percent. If the dividends actually paid are taken into account, the real output is increased to 9,39 percent.

Since November 5, 2020, when I first analyzed and established the Polish Valuation Portfolio (PVP), its annualized performance is 31.63 percent. I am satisfied. For the non polish investor it is necessary to take into account also the exchange rate differences, even though they are currently profitable, this is not the subject of this article.

I have modified the criteria for the new calculation. I have added besides the dividend yield, Forward PE, ROE, PB and Debt/Equity also the annualized growth of EPS for the last three years. 

StockIndustryWeight %PLN
Kernel Holding SA KER/FKERFood Products34,1162,20
Mercator WA MRCPHealth Care Equipment & Supplies28,59128,90
Famur SA FMFConstr. & Agric. Machinery12,243,62
MCI Management SA MCIInvestment Services10,1724,70
Selena FM SA SELPChemical Manufacturing5,6925,00
Boryszew SA BORYChemical Manufacturing5,413,13
Archicom SA ARCHPConstruction Services3,7922,00

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