1st Vinci (DG: SGE) $DG (-5,04 %)

* Quantitative valuation:

* P/E ratio: approx. 12 (6 points)

* P/B ratio: approx. 1.8 (8 points)

* ROE: approx. 12% (6 points)

* Leverage ratio: approx. 0.5 (8 points)

* Dividend yield: approx. 4% (10 points)

* Sales growth: approx. 5% (6 points)

* PEG ratio: approx. 1.5 (6 points)

* Cash flow yield: approx. 7% (6 points)

* Valuation table:

| Metric | Share Value | Reference Values | Share Rating | Weighted Score |

|---|---|---|---|---|

| P/E | 12 | 10-20 (6 points) | 6 | 6 |

| P/E | 1.8 | 1-2 (8 points) | 8 | 8 |

| ROE | 12% | 8-15% (6 points) | 6 | 6 |

| Debt/equity ratio | 0.5 | 0.3-0.6 (8 points) | 8 | 8 |

| Dividend yield | 4% | >4% (10 points) | 10 | 10 |

| Sales growth | 5% | 4-8% (6 points) | 6 | 6 |

| PEG Ratio | 1.5 | 1-2 (6 points) | 6 | 6 |

| Cash flow yield | 7% | 5-10% (6 points) | 6 | 6 |

* Qualitative assessment:

* Market position: 9 points

* Competitive landscape: 7 points

* Management quality: 8 points

2. ABB (DG: ABBN) $ABBNY (-5,19 %)

* Quantitative assessment:

* P/E ratio: approx. 26 (1 point)

* P/B ratio: approx. 3 (1 point)

* ROE: approx. 16% (10 points)

* Leverage ratio: approx. 0.4 (8 points)

* Dividend yield: approx. 2% (1 point)

* Sales growth: approx. 6% (6 points)

* PEG ratio: approx. 2.2 (1 point)

* Cash flow yield: approx. 5% (6 points)

* Valuation table:

| Metric | Share Value | Reference Values | Share Rating | Weighted Score |

|---|---|---|---|---|

| P/E | 26 | >20 (1 point) | 1 | 1 |

| P/B ratio | 3 | >2 (1 point) | 1 | 1 |

| ROE | 16% | >15% (10 points) | 10 | 10 |

| Leverage ratio | 0.4 | 0.3-0.6 (8 points) | 8 | 8 |

| Dividend yield | 2% | <2% (1 Punkt) | 1 | 1 |

| Umsatzwachstum | 6% | 4-8% (6 Punkte) | 6 | 6 |

| PEG Ratio | 2,2 | >2 (1 point) | 1 | 1 |

| Cash flow yield | 5% | 5-10% (6 points) | 6 | 6 |

* Qualitative assessment:

* Market position: 9 points

* Competitive landscape: 8 points

* Management quality: 9 points

3rd Randstad (DG: RAND) $RAND (-4,45 %)

* Quantitative assessment:

* P/E ratio: approx. 10 (10 points)

* P/B ratio: approx. 1.5 (8 points)

* ROE: approx. 13% (6 points)

* Debt-equity ratio: approx. 0.5 (8 points)

* Dividend yield: approx. 4% (10 points)

* Sales growth: approx. 4% (6 points)

* PEG ratio: approx. 1.3 (6 points)

* Cash flow yield: approx. 8% (6 points)

* Valuation table:

| Metric | Share Value | Reference Values | Share Rating | Weighted Score |

|---|---|---|---|---|

| P/E | 10 | <10 (10 Punkte) | 10 | 10 |

| KBV | 1,5 | 1-2 (8 Punkte) | 8 | 8 |

| ROE | 13% | 8-15% (6 Punkte) | 6 | 6 |

| Verschuldungsgrad | 0,5 | 0,3-0,6 (8 Punkte) | 8 | 8 |

| Dividendenrendite | 4% | >4% (10 points) | 10 | 10 |

| Sales growth | 4% | 4-8% (6 points) | 6 | 6 |

| PEG Ratio | 1.3 | 1-2 (6 points) | 6 | 6 |

| Cash flow yield | 8% | 5-10% (6 points) | 6 | 6 |

* Qualitative assessment:

* Market position: 8 points

* Competitive landscape: 6 points

* Management quality: 8 points

4th Schneider Electric (DG: SU) $SU (-8,15 %)

* Quantitative assessment:

* P/E ratio: approx. 23 (1 point)

* P/B ratio: approx. 3 (1 point)

* ROE: approx. 15% (6 points)

* Leverage ratio: approx. 0.5 (8 points)

* Dividend yield: approx. 2% (1 point)

* Sales growth: approx. 7% (6 points)

* PEG ratio: approx. 2.1 (1 point)

* Cash flow yield: approx. 6% (6 points)

* Valuation table:

| Metric | Share Value | Reference Values | Share Rating | Weighted Score |

|---|---|---|---|---|

| P/E | 23 | >20 (1 point) | 1 | 1 |

| P/B ratio | 3 | >2 (1 point) | 1 | 1 |

| ROE | 15% | 8-15% (6 points) | 6 | 6 |

| Debt/equity ratio | 0.5 | 0.3-0.6 (8 points) | 8 | 8 |

| Dividend yield | 2% | <2% (1 Punkt) | 1 | 1 |

| Umsatzwachstum | 7% | 4-8% (6 Punkte) | 6 | 6 |

| PEG Ratio | 2,1 | >2 (1 point) | 1 | 1 |

| Cash flow yield | 6% | 5-10% (6 points) | 6 | 6 |

* Qualitative assessment:

* Market position: 9 points

* Competitive landscape: 7 points

* Management quality: 9 points

Summary:

* Randstad appears to be the most attractive in quantitative terms due to its low P/E ratio and high dividend yield.

* ABB and Schneider Electric have higher growth and profitability ratios, but are also valued higher.

* Vinci offers a good middle ground.

Randstand and Vinci will therefore move in. Until such time as Swiss shares are tradable throughout the EU again, I am considering whether to add Schneider Electric or ABB.

I wish you a sunny start to the week!

Hi guys!

A small reorganization of my portfolio is now complete.

I have decided to keep consumer goods and finally sell positions that have been in the red for years. Please ignore Halo and Freyer batteries, they are legacy assets that can no longer be traded.

$NOVO B (-6,66 %)
$ASML (-2,09 %)
$O (-2,42 %)
$DHL (-6,85 %) Instead, the first tranches have been withdrawn or increased.

The DAX will remain in my portfolio, but will be given a weighting of between 3 and 5 percent and will from now on be underweighted monthly in the savings plan; instead I will overweight the NASDAQ 100.

At the top of my wish list is still $JNJ (-3,01 %) and $RAND (-4,45 %) .

My strategy:

Buy blue chips according to a value strategy and then hold them. Ideally, these companies should pay dividends and increase them continuously.

My thoughts on the strategy:

I estimate the current economic situation based on GDP in the USA, somewhat less dramatically, but in Europe that we are sliding into a recession. With inflation currently moderate, interest rates will continue to be reduced in Europe and similarly in the States, albeit more slowly. Interest rate-sensitive sectors with companies that may even be indebted should then do well. That is why I am trying to invest in bonds, industry and healthcare stocks. If there is a clear upswing, increase savings plans in tech stocks again.

What suggestions do you have? Are my thoughts wrong? Am I investing in the wrong sectors? Do you have any "secret" favorites? What do you think about $JNJ (-3,01 %) and $RAND (-4,45 %) ?

Have a great day!