How We Invest
Stewart Capital Advisors, LLC (SCA) considers proprietary research to be the foundation of its investment process. Each company being considered undergoes a rigorous review process including analysis of financial statements and competition and interviews with company management.
The portfolio management team debates the merits and the detriments of a business, holding formal discussions on a company’s strengths and weaknesses during weekly meetings of the Investment Policy and Strategy Committee. A company must receive a super majority vote from the team professionals before it is included in a portfolio.
Through research and analysis, SCA seeks companies with the following characteristics:
- high barriers to entry
- high returns on invested capital
- good growth prospects due to favorable demographics
- participation in major, long-term trends
- strong management teams
- low price in comparison to the intrinsic value calculated by SCA