According to GuruFocus’ All-In-One Screener, the following companies have grown their book value per share over the past decade.
Book value per share is calculated as total equity minus preferred stock, divided by shares outstanding. 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. 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.
The book value per share of Micron Technology Inc. (MU) has grown by 6% over the past 10 years. The price-book ratio is 2.1, and the price to tangible book value is 2.3. The company provides memory and storage solutions. It has a market cap of $48.84 billion.
According to the discounted cash flow (DCF) calculator, the stock is undervalued and is trading with a margin of safety of 38% at $41.81. The stock price has been as high as $49.89 and as low as $21.49 in the past 52 weeks. It is 15.31% below its 52-week high and above 96.60% its 52-week low. The price-earnings ratio is 6.61.
Primecap Management (Trades, Portfolio) is the largest shareholders among the gurus with 5.07% of outstanding shares followed by David Tepper (Trades, Portfolio) with 1.47%, Donald Smith (Trades, Portfolio) with 1.05%, Jim Simons (Trades, Portfolio) with 0.58% and David Einhorn (Trades, Portfolio) with 0.48%.
Heartland Financial USA Inc. (HTLF)’s book value per share has grown by 8% over the past decade. The price-book ratio is 1.6, and the price to tangible book value is 2.4. The multi-bank holding company has a market cap of $1.6 billion.
According to the DCF calculator, the stock is undervalued and is trading with a margin of safety of 25% at $53.70. The stock price has been as high as $56.40 and as low as $42.10 in the past 52 weeks. It is 5.05% below its 52-week high and 27.20% above its 52-week low. The P/E ratio is 18.16.
The company’s largest shareholder among the gurus is Simons with 0.6% of outstanding shares followed by Chuck Royce (Trades, Portfolio) with 0.08%.
The book value per share of Tractor Supply Co. (TSCO) has grown by 13% over the past 10 years. The price-book ratio is 7.0, and the price to tangible book value is 7.7. The operator of rural lifestyle retail stores has a market cap of $9.45 billion.
According to the DCF calculator, the stock is undervalued and is trading with a margin of safety of 22% at $75.08. The stock price has been as high as $78.25 and as low as $49.87 in the past 52 weeks. It is 3.77% below its 52-week high and above 50.99% its 52-week low. The P/E ratio is 22.34.
David Rolfe (Trades, Portfolio) is the largest shareholder of the company among the gurus with 2.2% of outstanding shares followed by Columbia Wanger (Trades, Portfolio) with 0.23%, Mario Gabelli (Trades, Portfolio) with 0.09% and John Rogers (Trades, Portfolio) with 0.07%.
InterDigital Inc. (IDCC)’s book value per share has grown by 22% over the past decade. The P/B ratio is 3.2 and price to tangible book is 5.2. The company which functions within the communication segment has a market cap of $2.64 billion.
According to the DCF calculator, the stock is undervalued and is trading with a margin of safety of 51% at $76.40. The stock price has been as high as $102.30 and as low as $67.55 in the past 52 weeks. It is 25.71% below its 52-week high and 12.51% above its 52-week low. The price-earnings ratio is 10.48.
The company’s largest shareholder among the gurus is Simons with 1.29% of outstanding shares followed by First Pacific Advisors (Trades, Portfolio) with 1.15% and FPA Capital Fund (Trades, Portfolio) with 0.52%.
The book value per share of TJX Companies Inc. (TJX) has grown by 12% over the past 10 years. The price-book ratio is 10.6, and the price to tangible book value is 11.1. The company is an off-price apparel and home fashions retailer and has a market cap of $48.97 billion.
According to the DCF calculator, the stock is undervalued and is trading with a margin of safety of 14% at $76.38. The stock price has been as high as $80.92 and as low as $16.57 in the past 52 weeks. It is 4.29% below its 52-week high and above 16.57% its 52-week low. The price-earnings ratio is 20.93.
Primecap Management (Trades, Portfolio) is the largest shareholder of the company among the gurus with 1.88% of outstanding shares followed by Ruane Cunniff (Trades, Portfolio) with 1.21% and Diamond Hill Capital (Trades, Portfolio) with 0.71%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
