According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have grown their book value per share over the past decade through June 1.
Book value per share is calculated as total equity minus preferred stock, divided by shares outstanding. Theoretically, it is what shareholders will receive if a company is liquidated. Total equity is a balance sheet item and is equal to total assets minus total liabilities.
Since the book value per share may not reflect the company’s true value, some investors check the tangible book value to confirm their investment ideas.
Asbury Automotive
The book value per share of Asbury Automotive Group Inc. (ABG, Financial) has grown 12.7% over the past 10 years. The price-book ratio is 2.14 and the price-tangible book ratio is 4.10.
The automobile dealership owner has a market cap of $1.41 billion and an enterprise value of $2.99 billion.
According to the discounted cash flow calculator, the stock is undervalued and is trading with a 69.64% margin of safety at $72.95. The share price has been as high as $123.45 and as low as $39.36 in the last 52 weeks. As of Monday, the stock was trading 40.91% below its 52-week high and 85.34% above its 52-week low. The price-earnings ratio is 8.61.
With 10.98% of outstanding shares, David Abrams (Trades, Portfolio) is the company's largest guru shareholder, followed by Chuck Royce (Trades, Portfolio) with 0.27% and Hotchkis & Wiley with 0.17%.
Flanigan’s Enterprises
Flanigan’s Enterprises Inc.'s (BDL, Financial) book value per share has grown 10.60% over the past decade. The price-book ratio is 0.81 and the price-tangible book ratio is 0.83.
The operator of small cocktail lounges has a market cap of $31.06 million and an enterprise value of $63.66 million.
According to the DCF calculator, the stock is undervalued and is trading with a 45.30% margin of safety at $16.71. The share price has been as high as $25.09 and as low as $8.5 in the last 52 weeks. As of Monday, the stock was trading 33.4% below its 52-week high and 96.59% above its 52-week low. The price-earnings ratio is 9.12.
With 3.22% of outstanding shares, Jim Simons (Trades, Portfolio)’ Renaissance Technologies is the company's largest guru shareholder.
BorgWarner
BorgWarner Inc.'s (BWA, Financial) book value per share has grown 8.5% over the past decade. The price-book ratio is 1.46 and the price-tangible book ratio is 2.73.
The retailer of auto parts has a market cap of $6.93 billion and an enterprise value of $8.12 billion.
According to the DCF calculator, the stock is undervalued and is trading with a 66.09% margin of safety at $33.4. The share price has been as high as $46.6 and as low as $17 in the last 52 weeks. As of Monday, the stock was trading 28.33% below its 52-week high and 96.47% above its 52-week low. The price-earnings ratio is 9.67.
Diamond Hill Capital (Trades, Portfolio) is the company's largest guru shareholder with 5.85% of outstanding shares, followed by John Rogers (Trades, Portfolio) with 1.04% and Pioneer Investments (Trades, Portfolio) with 1%.
Cracker Barrel
The book value per share of Cracker Barrel Old Country Store Inc. (CBRL, Financial) has grown 13.7% over the past 10 years. The price-book ratio is 4.16 and the price to tangible book ratio is 4.21.
The operator of full-service restaurants has a market cap of $2.62 billion and an enterprise value of $3.51 billion.
According to the DCF calculator, the stock is undervalued and is trading with a 35.83% margin of safety at $109.34. The share price has been as high as $180.93 and as low as $53.61 in the last 52 weeks. As of Monday, the stock was trading 39.57% below its 52-week high and 103.95% above its 52-week low. The price-earnings ratio is 11.98.
With 1.23% of outstanding shares, Simons' firm is the company's largest guru shareholder, followed by Pioneer Investments with 0.44% and Robert Olstein (Trades, Portfolio) with 0.25%.
Conn’s
Conn’s Inc.'s (CONN, Financial) book value per share has grown 5.8% over the past decade. The price-book ratio is 0.33 and price-tangible book ratio is 0.34.
The retailer of durable consumer goods has a market cap of $214.07 million and an enterprise value of $1.6 billion.
According to the DCF calculator, the stock is undervalued with a 63.9% margin of safety at $7.34. The share price has been as high as $27.57 and as low as $2.83 in the last 52 weeks. As of Monday, the stock was trading 73.38% below its 52-week high and 159.36% above its 52-week low. The price-earnings ratio is 3.9.
Royce is the biggest guru shareholder of the company with 2.18% of outstanding shares, followed by Philippe Laffont (Trades, Portfolio) with 0.14%.
Disclosure: I do not own any stocks mentioned.
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