The Procter & Gamble Company (PG:USA) currently trades above corporate averages relative to UAFRS-based (Uniform) earnings, with a 27.6x Uniform P/E. At these levels, the market has bullish expectations for the firm, but management may have concerns about commodity inflation, top-line growth, and pricing...

MSC Industrial Direct Co., Inc. (MSM:USA) currently trades near corporate averages relative to UAFRS-based (Uniform) earnings, with a 21.6x Uniform P/E. At these levels, the market is pricing in bearish expectations for the firm, but management is confident about their customer sales growth, capex investment in digital initiatives, and virtual care hub capabilities...

DocuSign, Inc. (DOCU:USA) currently trades at a significant premium to UAFRS-based (Uniform) assets, with a 32.9x Uniform P/B. At these levels, the market is pricing in expectations for profitability to inflect positively, but management may have concerns about customer base growth, dollar net retention rates, and international market opportunities...

Dollar General Corporation (DG:USA) currently trades at a historical high relative to UAFRS-based (Uniform) earnings, with a 25.0x Uniform P/E. At these levels, the market is pricing in expectations for profitability to slightly rise, but management may have concerns about their strategic initiatives, store formats, and POP SHELF’s potential...

Southwest Airlines Co. (LUV:USA) currently trades at a premium relative to UAFRS-based (Uniform) assets, with a 1.4x Uniform P/B. At these levels, the market is pricing in bullish expectations for the firm...

PepsiCo, Inc. (PEP:USA) currently trades near historical highs relative to UAFRS-based (Uniform) earnings, with a 35.7x Uniform P/E. At these levels...

Monster Beverage Corporation (MNST:USA) currently trades near historical highs relative to UAFRS-based (Uniform) earnings, with a 36.1x Uniform P/E. At these levels, the market has bullish expectations for the firm...

The Home Depot, Inc. (HD:USA) currently trades at a historical high relative to UAFRS-based (Uniform) earnings, with a 27.2x Uniform P/E. At these levels, the market has bullish expectations for the firm...

Deere & Company (DE:USA) currently trades above historical averages relative to UAFRS-based (Uniform) earnings, with a 24.0x Uniform P/E. At these levels, the market is pricing in bullish expectations for the firm...

Vail Resorts, Inc. (MTN:USA) currently trades near recent highs relative to UAFRS-based (Uniform) earnings, with a 56.4x Uniform P/E. At these levels, the market has bullish expectations for the firm...

T-Mobile US, Inc. (TMUS:USA) currently trades above recent averages relative to UAFRS-based (Uniform) earnings, with a 39.9x Uniform P/E...

Open Text Corporation (OTEX:USA) currently trades near corporate averages relative to UAFRS-based (Uniform) earnings, with a 21.9x Uniform P/E. At these levels, the market has expectations for profitability to remain near historical lows, but management is confident about their experience cloud integration, Cloud Editions 21.4, and their net leverage ratio...

The Coca-Cola Company (KO:USA) currently trades above corporate averages relative to UAFRS-based (Uniform) earnings, with a 32.7x Uniform P/E. At these levels, the market is pricing in bullish expectations for the firm, but management may be concerned about their portfolio streamlining, new product and packaging launches, and market share declines...

PayPal Holdings, Inc. (PYPL:USA) currently trades at a historical high relative to UAFRS-based (Uniform) earnings, with a 73.9x Uniform P/E. At these levels, the market is pricing in bullish expectations for the firm, but management may have concerns about the PayPal and Venmo wallets, domestic revenue growth, and weakness in the travel and event verticals...

Pilgrim’s Pride Corporation (PPC:USA) currently trades below corporate averages relative to UAFRS-based (Uniform) earnings, with an 18.5x Uniform P/E. Even at these levels, the market is pricing in bullish expectations for the firm, but management may have concerns about their legacy European operations, international protein demand, and the pandemic’s effect on global trade...