If you don't know me, I post way more about ideas and stocks I find while screening in the daily. Every so often, I like to post a couple of companies that I find interesting.
I'm a GARPy investor and mainly look for companies that trade at fair or undervalued valuations. I try to think with the idea from Buffet, 'It's Better To Buy A Wonderful Company At Fair Price Than A Fair Company At A Wonderful Price'. Some of the things I look for are companies with higher ROIC, PEG's under 2 and P/FCF under 30.
I'm more than happy to share my screener.
Also, none of these companies are ones that you should go out and buy, but I think it's a list of companies that are interesting and a good jumping off point to do some research.
**$ITRN - Ituran Location and Control Ltd**
Valuation:
[https://stockanalysis.com/stocks/itrn/statistics/](https://stockanalysis.com/stocks/itrn/statistics/)
What the company does:
Ituran Location and Control Ltd., together with its subsidiaries, provides location-based telematics services and machine-to-machine telematics products in Israel, Brazil, and internationally.
It operates in two segments: Telematics Services and Telematics Products. The Telematics services segment offers stolen vehicle recovery and tracking services, which enable it to locate, track, and recover stolen vehicles; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and locator services that allow customers to protect valuable merchandise and equipment.
Why I find it interesting:
This is just a boring compounding name. The company has no debt and generates so much FCF that they are doing a special dividend this next quarter. Company is offers a solid ROIC. It's also pretty much under the radar, since it's closer to a small cap in terms of valuation. They have sticky subscriptions which makes the cash flow predictable and they are moving more into OEM with some deals with Stellantis and Renault. They are also doing some new initiatives this year, like trying to target US rental car market and selling traffic behavior data.
**$FSS - Federal Signal Corporation**
Valuation
[https://stockanalysis.com/stocks/fss/statistics/](https://stockanalysis.com/stocks/fss/statistics/)
What the company does:
Federal Signal Corporation designs, manufactures, and supplies a suite of products and integrated solutions for municipal, governmental, industrial, and commercial customers in the United States, Canada, Europe, and internationally.
It operates through two segments, Environmental Solutions Group, and Safety and Security Systems Group.
The company offers street sweepers, sewer cleaners, industrial vacuum loaders, safe-digging trucks, dump truck bodies, and trailers, as well as waterblasting, road-marking, line-removal, metal extraction support equipment, and multi-purpose maintenance vehicles under the ELGIN, VACTOR, GUZZLER, TRUVAC, WESTECH, JETSTREAM, BLASTERS, MARK RITE LINES, HOG, NEW WAY, TRACKLESS, OX BODIES, CRYSTEEL, J-CRAFT, DURACLASS, RUGBY, TRAVIS, OSW, NTE, WTB, GROUND FORCE, TOWHAUL, BUCKS, AND SWITCH-N-GO brands; and provides refuse and recycling collection vehicles through a dealer network or direct sales to service customers.
Why I find it interesting:
This is actually a really old company, that goes back to 1901. They aren't a total monopoly, but they own a large market share of Sweet sweepers and cleaners. Their Q-siren is like the industry standard for emergency vehicles.
**$KN - Knowles Corporation**
Valuation
[https://stockanalysis.com/stocks/kn/](https://stockanalysis.com/stocks/kn/)
What the company does:
Knowles Corporation offers capacitors, radio frequency (RF) and microwave filters, balanced armature speakers, and medtech microphones in Asia, the United States, Europe, rest of Americas, and internationally.
It operates in two segments, Precision Devices (PD) and Medtech & Specialty Audio (MSA). The PD segment focuses on the custom design and delivery of high performance capacitor products and RF solutions primarily serving the defense, industrial, medtech, and electrification/energy markets.
The MSA segment designs and manufactures balanced armature speakers and microphones for the hearing health; and specialty audio applications that serve the medtech and industrial markets.
Why I find it interesting:
They are a small to mid sized niche company. They recently sold off their Consumer MEMS Microphones business. They are shifting over to becoming more of a capacitors andRF filters company while still maintaining their hearing aid business. I like this now will get exposure to things like aerospace and industrials. The aerospace is things radar, satellites, and guided missiles. The industrial is things like ev charging and inverters for solar panels and wind turbines.
