Investment Process

Matterley seeks to identify undervalued companies through its core philosophy of thorough balance sheet analysis. We rigorously adhere to a proprietary investment process derived from balance sheet based metrics. This focus leads us to stock ideas often overlooked by the market, specifically, those where the market is undervaluing a stock's asset base or a stock's return on assets. Our positions and their weights are conviction led, driven by potential upside to target price and liquidity, rather than the benchmark.

Focus on the balance sheet

• We undertake a thorough analysis of the balance sheet in order to gain an in-depth understanding of a company's true assets and liabilities.
• Balance sheet analysis is vital in preserving capital.
• Balance sheet metrics provide us with the valuation framework that we adhere to.

Balance sheet based metrics that we use:

Valuation framework

Implementation: What we do on a daily basis