Summary
T. Rowe is a leading global investment management company.
The company has a track record of outstanding fundamentals and a simple and compelling long-term vision on which it is executing.
Valuation suggests the company’s shares are undervalued.
Investment Thesis
T. Rowe Price (TROW) is a U.S. investment management company set up by Thomas Rowe Price, one of the founding fathers of growth stock investing philosophy. Despite the recent share plunge, the company’s shares look undervalued from at least three valuation perspectives.
Corporate profile
T. Rowe Price is an asset management company named after a famous investor Thomas Rowe Price, a developer of a growth stock investment philosophy. Apart from the focus on growth investing, the company has a differentiated business model also by going beyond numbers, traveling the world and making corporate visits. The company derives the majority of its revenue from investment advisory services to individual and institutional investors in the company’s and other investment products.
