I just went through the below article and felt reasonable to post it here. The article argues that their model is enhanced version of your way of investing. May be you check it below and comment! Thanks for all the above. Nice reading!
www.theglobeandmail.com/globe-investment-ideas/strategy-lab/value-investing/why-smart-stock-investors-use-only-the-numbers-to-make-money/article6139018/