5 Guru Stocks Growing Book Value

Biogen makes the list

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Jun 17, 2019
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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 past 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 CNOOC Ltd. (CEO, Financial) has grown 10.20% over the last 10 years. The price-book ratio is 1.17 and the price to tangible book value is 1.22.

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The offshore oil and gas producer has a $279.87 billion market cap.

According to the discounted cash flow calculator, the stock is undervalued with a 16% margin of safety at $158.84. The share price has been as high as $202.28 and as low as $142.94 in the last 52 weeks. As of Monday, the stock was trading 21.52% below its 52-week high and 11.12% above its 52-week low. The price-earnings ratio is 9.01.

Jim Simons (Trades, Portfolio)’ Renaissance Technologies is the company's largest guru shareholder with 0.16% of outstanding shares, followed by Howard Marks (Trades, Portfolio) with 0.08% and Jeremy Grantham (Trades, Portfolio) with 0.01%.

Equinor ASA’s (EQNR, Financial) BV/S has grown 5.50% over the past decade. The price-book ratio is 1.44 and the price to tangible book value is 1.90.

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The Norwegian oil and gas company has a market cap of $65.02 billion.

According to the discounted cash flow calculator, the stock is undervalued with a 23% margin of safety at $19.52. The share price has been as high as $28.93 and as low as $18.91 in the last 52 weeks. As of Monday, the stock was trading 32.67% below its 52-week high and 3.01% above its 52-week low. The price-earnings ratio is 8.38.

With 0.27% of outstanding shares, Simons’ firm is the company's largest guru shareholder, followed by Ken Fisher (Trades, Portfolio) with 0.06% and Steven Cohen (Trades, Portfolio) with 0.01%.

The BV/S of Honda Motor Co. Ltd. (HMC, Financial) has grown 8.40% over the last 10 years. The price-book ratio is 0.58 and the price to tangible book value is 0.68.

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The company, which manufactures automobiles, motorcycles and power products, has a market cap of $45.03 billion.

According to the DCF calculator, the stock is undervalued and is trading with a 58% margin of safety at $25.56. The share price has been as high as $32.37 and as low as $24.43 in the last 52 weeks. The stock is currently trading 21.10% below its 52-week high and 4.54% above its 52-week low. The price-earnings ratio is 8.07.

With 0.10% of outstanding shares, Charles Brandes (Trades, Portfolio) is the company's largest guru shareholder, followed by Simons’ firm with 0.09%.

Biogen Inc.’s (BIIB, Financial) BV/S has grown 13.60% over the past decade. The price-book ratio is 3.28 and the price to tangible book value is 9.69.

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The biopharmaceutical company has a market cap of $44.68 billion.

According to the DCF calculator, the stock is undervalued and is trading with a 65% margin of safety at $230.43. The share price has been as high as $388.67 and as low as $216.12 in the last 52 weeks. The stock is currently trading 40.42% below its 52-week high and 7.15% above its 52-week low. The price-earnings ratio is 9.93.

PRIMECAP Management (Trades, Portfolio) is the company's largest guru shareholder with 7.52% of outstanding shares, followed by the Vanguard Health Care Fund (Trades, Portfolio) with 1.91%, Simons’ firm with 0.84% and the Parnassus Endeavor Fund (Trades, Portfolio) with 0.32%.

The BV/S of Aflac Inc. (AFL, Financial) has grown 8.40% over the last 10 years. The price-book ratio and the price to tangible book value are both 0.58.

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The company, which provides supplemental health insurance and life insurance, has a market cap of $40.65 billion.

According to the DCF calculator, the stock is undervalued and is trading with a 17% margin of safety at $54.44. The share price has been as high as $54.98 and as low as $41.45 in the last 52 weeks. The stock is currently trading 0.91% below its 52-week high and 31.44% above its 52-week low. The price-earnings ratio is 13.37.

With 0.22% of outstanding shares, John Rogers (Trades, Portfolio) is the company's largest guru shareholder, followed by the Smead Value Fund (Trades, Portfolio) with 0.16%, Pioneer Investments (Trades, Portfolio) with 0.13% and Grantham with 0.04%.

Disclosure: I do not own any stocks mentioned.

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