Genworth is Cheap but Exposure to Canada, Australia Worrisome

27Aug2013August 27, 2013

Genworth is Cheap but Exposure to Canada, Australia Worrisome

Genworth Financial Inc (NYSE:GNW) has been a good play on the housing recovery so far this year. Indeed, the company still trades at a discount to book value, which, excluding accumulated with other comprehensive income, stood at $23.4 per share at the end of the second quarter. Earnings per share are expected to grow 10% this year and on a forward earnings basis, that makes the company one of the cheapest within . . .

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk

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