The following companies have grown their book values per share (BV/S) over the last 10 years.
BV/S is calculated as total equity minus preferred stock, divided by shares outstanding (EOP). Theoretically, it is what shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets minus total liabilities. Because 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 Tractor Supply Co. (TSCO) has grown by 13% over the last 10 years. The price-book (P/B) ratio is 4.8, and the price to tangible book value is 5.3.
According to the discounted cash flow (DCF) calculator, the stock is undervalued and trading with a margin of safety of 44% at $51.52. The price has been as high as $93.62 and as low as $49.87 in the last 52 weeks. It is 44.97% below its 52-week high and 3.31% above its 52-week low. The price-earnings (P/E) ratio is 15.95.
Tractor Supply is an operator of rural lifestyle retail stores in the U.S. It is engaged in supplying the needs of recreational farmers and ranchers as well as tradesmen and small businesses.
David Rolfe (Trades, Portfolio) is the largest shareholder among the gurus with 1.71% of outstanding shares followed by Jim Simons (Trades, Portfolio) with 1.16%, Columbia Wanger (Trades, Portfolio) with 0.43%, Ron Baron (Trades, Portfolio) with 0.18%, Joel Greenblatt (Trades, Portfolio) with 0.16% and Mario Gabelli (Trades, Portfolio) with 0.08%.
The BV/S of Hexcel Corp. (HXL) has grown by 15% over the last 10 years. The P/B ratio is 3.9, and the price to tangible book value is 4.2.
According to the DCF calculator, the stock is undervalued and trading with a margin of safety of 14% at $54.36. The price has been as high as $55.91 and as low as $41.03 in the last 52 weeks. It is 2.77% below its 52-week high and 32.49% above its 52-week low. The P/E ratio is 19.70.
Hexcel is a composites company. It develops, manufactures and markets composites including carbon fibers, reinforcements, honeycomb, adhesives and composite structures for use in the Commercial Aerospace, Space and Defense and Industrial markets.
The company’s largest shareholder among the gurus is Lou Simpson (Trades, Portfolio) with 2.16% of outstanding shares followed by Steven Cohen (Trades, Portfolio) with 0.85%, Robert Karr (Trades, Portfolio) with 0.43% and Tom Gayner (Trades, Portfolio) with 0.04%.
The BV/S of Ross Stores Inc. (ROST) has grown by 17% over the last 10 years. The P/B ratio is 7.7, and the price to tangible book value is 7.7.
According to the DCF calculator, the stock is undervalued and trading with a margin of safety of 34% at $54.76. The price has been as high as $69.81 and as low as $53.89 in the last 52 weeks. It is 21.56% below its 52-week high and 1.61% above its 52-week low. The P/E ratio is 18.75.
Ross Stores is the off-price apparel and home fashion chain engaged in selling name-brand and designer apparel, accessories, footwear and home fashions to middle-income consumers.
PRIMECAP Management (Trades, Portfolio) is the largest shareholder among the gurus with 3.77% of outstanding shares followed by Pioneer Investments (Trades, Portfolio) with 0.72%, Rolfe with 0.44%, Cohen with 0.11%, Simons with 0.08%, Greenblatt with 0.06% and Ken Fisher (Trades, Portfolio) with 0.04%.
The BV/S of Wells Fargo & Co. (WFC) has grown by 10% over the last 10 years. The P/B ratio is 1.6, and the price to tangible book value is 2.0.
According to the DCF calculator, the stock is undervalued and is trading with a margin of safety of 15% at $54.99. The price has been as high as $59.99 and as low as $43.55 in the last 52 weeks. It is 8.33% below its 52-week high and 26.27% above its 52-week low. The P/E ratio is 13.75.
Wells Fargo operates as one of the largest banks in the U.S. Its business operations are split into three segments: community banking; wholesale banking; and wealth, brokerage and retirement.
Warren Buffett (Trades, Portfolio) is the largest shareholder among the gurus with 9.6% of outstanding shares followed by Dodge & Cox with 1.42%, Barrow, Hanley, Mewhinney & Strauss with 0.69%, Chris Davis (Trades, Portfolio) with 0.51%, PRIMECAP Management with 0.37%, Tom Russo (Trades, Portfolio) with 0.27% and HOTCHKIS & WILEY with 0.19%.
The BV/S of Ebix Inc. (EBIX) has grown by 28% over the last 10 years. The P/B ratio is 4.2.
According to the DCF calculator, the stock is undervalued and is trading with a margin of safety of 35% at $55.9. The price has been as high as $65.10 and as low as $50.17 in the last 52 weeks. It is 14.13% below its 52-week high and 11.42% above its 52-week low. The P/E ratio is 18.45.
Ebix provides software and e-commerce solutions to the insurance, finance and health care industries.
The company’s largest shareholder among the gurus is John Hussman (Trades, Portfolio) with 0.4% of outstanding shares followed by Chuck Royce (Trades, Portfolio) with 0.17%, Paul Tudor Jones (Trades, Portfolio) with 0.07% and Caxton Associates (Trades, Portfolio) with 0.02%.
The BV/S of Sturm Ruger & Co. Inc. (RGR) has grown by 15% over the last 10 years. The P/B ratio is 4.7, and price to tangible book is 4.7.
According to the DCF calculator, the stock is undervalued and is trading with a margin of safety of 54% at $60.20. The price has been as high as $70.02 and as low as $47.15 in the last 52 weeks. It is 14.02% below its 52-week high and 27.68% above its 52-week low. The P/E ratio is 13.17.
Sturm Ruger & Co Inc is engaged in the design, manufacture, and sale of firearms to domestic customers. The Company also manufactures and sells investment castings made from steel alloys for internal use in the firearms segment.
Simons is the largest shareholder among the gurus with 0.62% of outstanding shares followed by Mario Cibelli (Trades, Portfolio) with 0.41% and jones with 0.05%.
The BV/S of Discover Financial Services (DFS) has grown by 11% over the last 10 years. The P/B ratio is 2.2, and price to tangible book is 2.3.
According to the DCF calculator, the stock is undervalued and trading with a margin of safety of 46% at $61.26. The price has been as high as $74.33 and as low as $53.91 in the last 52 weeks. It is 17.58% below its 52-week high and 13.63% above its 52-week low. The P/E ratio is 10.45.
Discover Financial Services is engaged in direct consumer banking business. It mainly provides banking services such as accepting deposits, offering credit card, residential mortgage, loans and other banking facilities to its customers.
PRIMECAP Management is the largest shareholder among the gurus with 1.76% of outstanding shares followed by Barrow, Hanley, Mewhinney & Strauss with 1.17%, NWQ Managers (Trades, Portfolio) with 0.48%, Pioneer Investments with 0.33%, Simons with 0.15%, Jeremy Grantham (Trades, Portfolio) with 0.07%, Diamond Hill Capital (Trades, Portfolio) with 0.06% and Keeley Asset Management Corp (Trades, Portfolio) with 0.02%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
