High Valuations and High Compensation in the Russell 2000
The top 10 Russell 2000 companies had a combined market capitalization of $66.1 billion, produce pre-stock compensation after tax profit of $815.8 million of which they paid out $357.5 mil in stock compensation (44%). The median stock compensation of the top 10 was 32.0% and trade at a price-to-earnings multiple of 144x. This is a […]
First Wilshire’s Bill Caton speaks with The Wall Street Transcript
Bill Caton, CFA, Research Analyst and Senior Trader at First Wilshire spoke with The Wall Street Transcript’s Ed Silverstein regarding his disciplined, value-oriented approach to uncovering small cap gems. Read more of the interview at The Wall Street Transcript
First Wilshire Featured in Value Investor Insight
Speaking to Value Investor Insight, First Wilshire Securities CEO and Portfolio Manager Scott Hood exemplified the firm’s intensive research process to support the investment case for Northwest Pipe Co., the country’s largest manufacturer of steel pipes for water infrastructure systems. Rather than focus on cyclical tailwinds, Scott pointed to the company’s fundamentals – a 33% […]