6 Bargain Stocks Growing Book Value

Hawaiian Holdings tops the list

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Dec 05, 2018
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According to the GuruFocus All-In-One Screener, the following companies have grown their book value per share (BV/S) over the last decade.

BV/S 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 equal to total assets minus total liabilities. Since the BV/S may not reflect the company’s true value, some investors check the tangible book value to confirm their investment ideas.

The BV/S of Hawaiian Holdings Inc. (HA, Financial) has grown 23% over the last 10 years. The price-book ratio is 2 and the price to tangible book value is 2.2.

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The airline has a $1.88 billion market cap.

The stock price has been as high as $44.25 and as low as $31.46 in the last 52 weeks. As of Tuesday, it is 14.10% below its 52-week high and 20.82% above its 52-week low. The price-earnings ratio is 5.15.

Chuck Royce (Trades, Portfolio) is the largest guru shareholder of the company with 2.03% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 1.8%, Third Avenue Management (Trades, Portfolio) with 1.16% and the Third Avenue Value Fund (Trades, Portfolio) with 0.93%.

Silicom Ltd.'s (SILC, Financial) BV/S has grown 13% over the past decade. The price-book ratio is 1.9 and the price to tangible book value is 2.4.

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The company, which designs and manufactures networking and data infrastructure solutions, has a market cap of $287.87 million.

According to the discounted cash flow calculator, the stock is undervalued and is trading with a 13% margin of safety at $38.12. The stock price has been as high as $77.95 and as low as $32 in the last 52 weeks. As of Tuesday, it is 51.10% below its 52-week high and 19.10% above its 52-week low. The price-earnings ratio is 19.34.

The company’s largest guru shareholder is Jim Simons (Trades, Portfolio)' Renaissance Technologies with 0.5% of outstanding shares.

The BV/S of Mednax Inc. (MD, Financial) has grown 13% over the last 10 years. The price-book ratio is 1.2.

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The company, which provides pediatric cardiology and other pediatric subspecialty care, has a $3.56 billion market cap.

According to the DCF calculator, the stock is undervalued and is trading with a 28% margin of safety at $39.82. The stock price has been as high as $36.83 and as low as $6.87 in the last 52 weeks. As of Tuesday, it is 36.83% below its 52-week high and 6.87% above its 52-week low. The price-earnings ratio is 10.71.

Richard Pzena (Trades, Portfolio) is the company's largest guru shareholder with 3.64% of outstanding shares, followed by Paul Singer (Trades, Portfolio) with 2.28%, Simons’ firm with 0.65% and Steven Cohen (Trades, Portfolio) with with 0.51%.

Hub Group Inc.'s (HUBG, Financial) BV/S has grown 12% over the past decade. The price-book ratio is 1.5 and the price to tangible book value is 2.5.

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The freight transportation company has a market cap of $1.38 billion.

According to the DCF calculator, the stock is undervalued and is trading with a 73% margin of safety at $40.21. The stock price has been as high as $56.60 and as low as $38.40 in the last 52 weeks. As of Tuesday, it is 28.96% below its 52-week high and 4.71% above its 52-week low. The price-earnings ratio is 5.35.

With 8.63% of outstanding shares, Diamond Hill Capital (Trades, Portfolio) is the company's largest guru shareholder, followed by Ken Fisher (Trades, Portfolio) with 4.15%, Mairs and Power (Trades, Portfolio) with 0.6%, Royce with with 0.34% and Barrow, Hanley, Mewhinney & Strauss with 0.3%.

The BV/S of Multi-Color Corp. (LABL, Financial) has grown 12% over the last 10 years. The price-book ratio is 1.1.

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The supplier of label solutions for home and personal use has a market cap of $835.06 million.

According to the DCF calculator, the stock is undervalued and is trading with a 49% margin of safety at $40.7. The stock price has been as high as $89.70 and as low as $40.33 in the last 52 weeks. It is currently 54.63% below its 52-week high and 0.92% above its 52-week low. The price-earnings ratio is 9.73.

With 0.13% of outstanding shares, Fisher is the company's largest guru shareholder.

CCL Industries Inc.'s (CCDBF, Financial) BV/S has grown 11% over the past decade. The price-book ratio is 4.2.

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The company, which produces and sells packaging and packaging-related products, has a market cap of $7.25 billion.

According to the DCF calculator, the stock is undervalued and is trading with a 37% margin of safety at $40.72. The stock price has been as high as $52.1364 and as low as $39.1259 in the last 52 weeks. As of Wednesday, it is 21.89% below its 52-week high and 4.09% above its 52-week low. The price-earnings ratio is 19.83.

Disclosure: I do not own any stocks mentioned in this article.

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