976523609
Investments

A tale of two villages – steady SUM and a RYM reckoning

Monday 16th of September 2024

By Sam Arcand, Investment Analyst, Mint Asset Management

Ryman Healthcare (NZX:RYM), once the flag-bearer for the listed RV sector in NZ is down ~50% since 31-Mar-20. For comparison, Summerset Holdings (NZX:SUM) is up over ~100%. In terms of our funds, we have fortunately been on the right side of this equation. Our process was instrumental to us making the right stock call.

To set the stage, our investment process consists of three key ingredients, being our quantitative, qualitative and valuation assessments. The detailed work we did on each of these led us to a clear conclusion on which was the better business.

Quantitative assessment:

Want to read the full article?

Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.

You will also be able to comment on articles on Good Returns.