Investment Vehicles
EXPERTS IN MEXICAN EQUITIES
PAM’s Investment Philosophy seeks High-Quality Growth, and Special Situation Investments focused on company´s intrinsic value and qualitative analysis, mainly in the universe of the Mexican Stock Exchange through an active fundamental -bottom-up approach, intrinsic value.
High-Quality Growth Investments at Attractive Prices
- Intrinsic value with a margin of safety
- Organic and M&A accretion. Experienced-internationally competitive management.
- Investment edge in LatAm and the USMCA trade block. (strong market position, solid balance sheet, and earnings growth visibility)
- Total Annual Return: Dividend yield + share repurchase + stock appreciation
- Profitability: FCF to Equity, ROE, ROIC, higher than company´s WACC, and eraning growth visibility
- Solid Corporate Governance
Special Situation Investments- misunderstood by the market
- High-quality business with a conceptual perception showing high discounts to its intrinsic value with a larger margin of safety
- Cyclically depressed earnings
- Market opportunities