KING’s mission is to successfully serve each client by providing unrivalled investment advisory services. The firm strives to build and preserve client wealth through the Business Valuation Approach. This discipline has remained the core investment philosophy since the inception of the firm and has yielded decades of superior long-term performance. 

KING’s Business Valuation Approach seeks to identify stocks which meet one or more of the following criteria:

• Stocks trading at a sharp discount to their private-market value: KING evaluates what a strategic investor or majority shareholder would pay for the entire company.

• Stocks trading at the lower end of fundamental benchmarks: KING reviews financial ratios, including price/earnings, price/cash flow, price/book value, and price/sales. Stocks trading at or below the lower end of their historical valuation range are candidates for possible purchase.

• Stocks trading at a reduced price relative to growth rate: KING looks for companies with earnings growing faster than the overall market, trading at a discount to their growth rate.

In addition to fundamental undervaluation, KING looks for stocks that have a potential catalyst to unleash value. This could include companies with a clear commitment to enhancing shareholder value, companies undergoing restructurings, asset sales or stock buybacks, or companies that are potential acquisition targets and/or are in consolidating industries.