can someone explain how is Tokra subject to value trap and why Furlings isin’t ? Asgard looks least likely as he has above average earning g and so mostly GARP which makes it unlikely for value trap.
Tokra stategy does not have a “growth” element to its screening to “balance against” valuation screen.
Low historic P/B could be cheap and even if histoic ROA has been good furture gorwth prospects could be weak and thus the low multiple justified. The other two strategies mention “growth” as part of the screening process. Tokra is MOST likely (but all could poetntially have an issue)