Arnold Van Den Berg has handily beaten all of the indices since founding Century Management in 1974. He manages a portfolio composed of 46 stocks with a total value of $619 million. The following are the best performers of his investments.
Agnico Eagle Mines Ltd. (AEM) with a market cap of $10.2 billion has performed 74.7% year to date. The stake represents 0.08% of the company's outstanding shares and 1.49% of Van Den Berg's total assets.
Agnico Eagle Mines is a gold-mining company. It is engaged in the production and sale of gold as well as exploration and mine development. Its mining operations are located in Canada, Mexico and Finland.
It is trading with a price-earnings (P/E) ratio of 333.39; over the last 12 months the price has risen by 61%, trading now 24.03% below its 52-week high and 84.11% above its 52-week low. The stock is overpriced by 2,944% at $45.66. The DCF calculator gives a fair value of $1.5.
The company has a profitability and growth rating of 8 out of 10 with easy returns (ROE 0.75%, ROA 0.47%) that are outperforming 77% of the competitors in the Global Gold industry. Financial strength has a rating of 6 out of 10 with a cash to debt of 0.46 that is below the industry median of 17.85.
The largest shareholder among the gurus is First Eagle Investment (Trades, Portfolio) with 6.28% of outstanding shares followed by John Paulson (Trades, Portfolio) with 0.56%, Ray Dalio (Trades, Portfolio) with 0.21% and Stanley Druckenmiller (Trades, Portfolio) with 0.19%.
Apache Corp. (APA) with a market cap of $23.44 billion has performed 40.6% year to date. The stake represents 0.06% of the company's outstanding shares and 2.45% of Van Den Berg's total assets.
Apache is an independent energy company that explores, develops and produces natural gas, crude oil and natural gas liquids. It has interests in six countries: the U.S., Canada, Egypt, Australia, the U.K. North Sea (North Sea) and Argentina.
It is trading with a forward P/E ratio of 58.82; over the last 12 months the price has risen by 36%, trading now 6.41% below its 52-week high and 91.83% above its 52-week low.
The company has a profitability and growth rating of 4 out of 10 with negative returns (ROE -183.41%, ROA -54.85%) that are underperforming 89% of the competitors in the Global Oil & Gas E&P industry. Financial strength has a rating of 3 out of 10 with a cash to debt of 0.14 that is below the industry median of 0.45.
Dodge & Cox is the largest shareholder among the gurus with 7.67% of outstanding shares followed by Chris Davis (Trades, Portfolio) with 4.64%, Bill Nygren (Trades, Portfolio) with 2.01%, T Rowe Price Equity Income Fund (Trades, Portfolio) with 1.18% and Charles Brandes (Trades, Portfolio) with 0.43%.
Halliburton Co. (HAL) with a market cap of $40.45 billion has performed 39.6% year to date. The stake represents 0.02% of the company's outstanding shares and 1.51% of Van Den Berg's total assets.
Halliburton is a provider of services and products to the energy industry related to the exploration, development and production of oil and natural gas.
It is trading with a forward P/E ratio of 52.08; over the last 12 months the price has risen by 26%, trading now 2.06% below its 52-week high and 69.93% above its 52-week low.
The company has a profitability and growth rating of 6 out of 10 with negative returns (ROE -41.11%, ROA -17.88%) that are underperforming 88% of the companies in the Global Oil & Gas Equipment & Services industry. Financial strength has a rating of 4 out of 10 with a cash to debt of 0.24 that is below the industry median of 0.44.
The largest shareholder among the gurus is Nygren with 0.62% of outstanding shares followed by Spiros Segalas (Trades, Portfolio) with 0.59%, Tweedy Browne (Trades, Portfolio) with 0.59%, First Pacific Advisors (Trades, Portfolio) with 0.43%, Richard Pzena (Trades, Portfolio) with 0.42%, Steven Romick (Trades, Portfolio) with 0.34% and Pioneer Investments (Trades, Portfolio) with 0.28%.
Devon Energy Corp. (DVN) with a market cap of $22.56 billion has performed 35.8% year to date. The stake represents 0.04% of the company's outstanding shares and 1.45% of Van Den Berg's total assets.
Devon Energy is an independent energy company engaged in the exploration, development and production of oil, natural gas and NGLs.
It is trading with a forward P/E ratio of 50.51; over the last 12 months the price has dropped by 4%, trading now 11.50% below its 52-week high and 138.41% above its 52-week low.
The company has a profitability and growth rating of 6 out of 10, but returns are negative (ROE -140.22%, ROA -39.49%) and are underperforming 86% of the companies in the Global Oil & Gas E&P industry. Financial strength has a rating of 3 out of 10 with a cash to debt of 0.14 that is below the industry median of 0.45.
First Eagle Investment (Trades, Portfolio) is the largest shareholder among the gurus with 1.67% of outstanding shares followed by Barrow, Hanley, Mewhinney & Strauss with 0.77%, Tweedy Browne (Trades, Portfolio) with 0.72%, Jim Simons (Trades, Portfolio) with 0.67% and Richard Snow (Trades, Portfolio) with 0.31%.
Schlumberger Ltd. (SLB) with a market cap of $113.09 billion has performed 18.7% year to date. The stake represents 0.01% of the company's outstanding shares and 1.07% of Van Den Berg's total assets.
Schlumberger is a supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry. Its business segments are Reservoir Characterization Group, Drilling Group and Production Group.
Schlumberger is trading with a forward P/E ratio of 41.67; over the last 12 months the price has risen by 10%, trading now 3.16% below its 52-week high and 36.44% above its 52-week low.
The company has a profitability and growth rating of 7 out of 10, but returns are negative (ROE -4.45%, ROA -2.43%) and are outperforming 54% of the companies in the Global Oil & Gas Equipment & Services industry. Financial strength has a rating of 6 out of 10 with a cash to debt of 0.52 that is slightly above the industry median of 0.44.
The largest shareholder among the gurus is Dodge & Cox with 3.93% of outstanding shares followed by Frank Sands (Trades, Portfolio) with 0.47%, Manning & Napier Advisors Inc. with 0.45%, PRIMECAP Management (Trades, Portfolio) with 0.34%, Ken Fisher (Trades, Portfolio) with 0.3% and David Rolfe (Trades, Portfolio) with 0.29%.
International Business Machines Corp. (IBM) with a market cap of $147.63 billion has performed 15.2% year to date. The stake represents 0.01% of the company's outstanding shares and 1.81% of Van Den Berg's total assets.
International Business Machines is an Information Technology (IT) company. It creates business value for clients and solves business problems through integrated solutions that leverage information technology and knowledge of business processes.
IBM is trading with a P/E ratio of 12.58; over the last 12 months the price has risen by 4%, trading now 6.39% below its 52-week high and 32.12% above its 52-week low. The stock is undervalued at $154.45. The DCF calculator gives a fair value of $206.52 with a margin of safety of 25%. The Peter Lynch earnings line gives a fair value of $184.3.
The company has a profitability and growth rating of 8 out of 10 with strong returns (ROE 82.97%, ROA 10.49%) that are outperforming 82% of the competitors in the Global Information Technology Services industry. Financial strength has a rating of 5 out of 10 with a cash to debt of 0.24 that is below the industry median of 11.31.
Warren Buffett (Trades, Portfolio) is the largest shareholder among the gurus with 8.5% of outstanding shares followed by Prem Watsa (Trades, Portfolio) with 0.14%, Diamond Hill Capital (Trades, Portfolio) with 0.12%, Barrow, Hanley, Mewhinney & Strauss with 0.1% and Jeremy Grantham (Trades, Portfolio) with 0.1%.
Berkshire Hathaway Inc. Class B (BRK.B) with a market cap of $359.62 billion has performed 9.2% year to date. The stake represents 0.01% of the company's outstanding shares and 5.06% of Van Den Berg's total assets.
Berkshire Hathaway is a conglomerate holding company owning subsidiaries engaged in a number of business activities including property and casualty insurance and reinsurance, utilities and energy, finance, manufacturing, service and retailing.
It is trading with a P/E ratio of 13.94; over the last 12 months the price has risen by 8%, trading now 4.55% below its 52-week high and 16.70% above its 52-week low. It looks undervalued at $144.18. The DCF calculator gives a fair value of $149.61 with a current margin of safety of 4%. The Peter Lynch earnings line gives a fair value of $155.1.
The company has a profitability and growth rating of 8 out of 10 with strong returns (ROE 10.03%, ROA 4.52%) that are outperforming 60% of the companies in the Global Insurance – Diversified industry. Financial strength has a rating of 6 out of 10 with a cash to debt of 0.72 that is below the industry median of 9,999.0.
The largest shareholder among the gurus is Bill Gates (Trades, Portfolio) with 2.61% of outstanding shares followed by Fisher with 0.23%, Ruane Cunniff (Trades, Portfolio) with 0.19%, Rolfe with 0.14%, Tom Russo (Trades, Portfolio) with 0.1% and Lou Simpson (Trades, Portfolio) with 0.1%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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