๐ QARP Selection Criteria
Expected Return =
Dividend Yield + Earnings Growth ยฑ ฮP/E Ratio
โ
ROIC > 15%
โ
D/E < 0.5
โ
Operating Margin > Industry Median
โ
PEG < 1.2
โ
FCF / Net Income > 1
โ
ROE > 15% (Consistent)
โ
Interest Coverage > 8x
โ
Current Ratio > 2.0
โ
Dividend Payout 30%โ60%
โ
Insider Ownership High
โ
Low Dilution Minimal share issuance
โ
Economic Moat Durable competitive advantage