Multi-Color Corp Valuation – August 2018 $LABL

Company Profile (excerpt from Reuters): Multi-Color Corporation (Multi-Color), incorporated on April 15, 1985, is engaged in label solutions business, supporting brands, including producers of home and personal care, wine and spirit, food and beverage, healthcare and specialty consumer products. The Company serves international brand owners in North, Central and South America, Europe, Australia, New Zealand, South Africa and China and Southeast Asia with a range of label technologies in Pressure Sensitive, Glue-Applied (Cut and Stack), In-Mold, Shrink Sleeve and Heat Transfer. The Company also provides a range of print methods, including flexographic, lithographic, rotogravure, letterpress and digital, and in-house prepress services.

 

Downloadable PDF version of this valuation:

ModernGraham Valuation of LABL – August 2018

Stage 1: Is this company suitable for the Defensive Investor or the Enterprising Investor?

What kind of Intelligent Investor are you?

Defensive Investor; must pass 6 out of the following 7 tests.
1. Adequate Size of the Enterprise Market Cap > $2Bil $1,252,349,622 Fail
2. Sufficiently Strong Financial Condition Current Ratio > 2 1.97 Fail
3. Earnings Stability Positive EPS for 10 years prior Pass
4. Dividend Record Dividend Payments for 10 years prior Pass
5. Earnings Growth Increase of 33% in EPS in past 10 years using 3 year averages at beginning and end 202.06% Pass
6. Moderate PEmg Ratio PEmg < 20 16.39 Pass
7. Moderate Price to Assets PB Ratio < 2.5 OR PB*PEmg < 50 1.76 Pass
Enterprising Investor; must pass 4 out of the following 5 tests, or be suitable for the Defensive Investor.
1. Sufficiently Strong Financial Condition Current Ratio > 1.5 1.97 Pass
2. Sufficiently Strong Financial Condition Debt to NCA < 1.1 5.41 Fail
3. Earnings Stability Positive EPS for 5 years prior Pass
4. Dividend Record Currently Pays Dividend Pass
5. Earnings Growth EPSmg greater than 5 years ago Pass

 

Stage 2: Determination of Intrinsic Value

EPSmg $3.73
MG Growth Estimate 12.99%
MG Value $128.53
Opinion Undervalued
MG Grade B-
MG Value based on 3% Growth $54.06
MG Value based on 0% Growth $31.69
Market Implied Growth Rate 3.94%
Current Price $61.10
% of Intrinsic Value 47.54%

Multi-Color Corporation is suitable for the Enterprising Investor but not the more conservative Defensive Investor. The Defensive Investor is concerned with the small size, low current ratio. The Enterprising Investor is only concerned with the level of debt relative to the net current assets. As a result, all Enterprising Investors following the ModernGraham approach should feel comfortable proceeding with the analysis.

As for a valuation, the company appears to be Undervalued after growing its EPSmg (normalized earnings) from $2 in 2015 to an estimated $3.73 for 2019. This level of demonstrated earnings growth outpaces the market’s implied estimate of 3.94% annual earnings growth over the next 7-10 years. As a result, the ModernGraham valuation model, based on the Benjamin Graham value investing formula, returns an estimate of intrinsic value above the price.

At the time of valuation, further research into Multi-Color Corporation revealed the company was trading above its Graham Number of $59.67. The company pays a dividend of $0.2 per share, for a yield of 0.3% Its PEmg (price over earnings per share – ModernGraham) was 16.39, which was below the industry average of 33.97, which by some methods of valuation makes it one of the most undervalued stocks in its industry. Finally, the company was trading above its Net Current Asset Value (NCAV) of $-73.5.

Multi-Color Corporation performs fairly well in the ModernGraham grading system, scoring a B-.

Stage 3: Information for Further Research

Net Current Asset Value (NCAV) -$73.50
Graham Number $59.67
PEmg 16.39
Current Ratio 1.97
PB Ratio 1.76
Current Dividend $0.20
Dividend Yield 0.33%
Number of Consecutive Years of Dividend Growth 0

Useful Links:

ModernGraham tagged articles Morningstar
Google Finance MSN Money
Yahoo Finance Seeking Alpha
GuruFocus SEC Filings

Most Recent Balance Sheet Figures

Balance Sheet Information 6/1/2018
Total Current Assets $594,478,000
Total Current Liabilities $301,932,000
Long-Term Debt $1,581,974,000
Total Assets $2,819,043,000
Intangible Assets $1,705,262,000
Total Liabilities $2,104,478,000
Shares Outstanding (Diluted Average) 20,545,000

Earnings Per Share History

EPS History
Next Fiscal Year Estimate $4.27
Mar2018 $3.87
Mar2017 $3.58
Mar2016 $2.82
Mar2015 $2.71
Mar2014 $1.70
Mar2013 $1.86
Mar2012 $1.32
Mar2011 $1.40
Mar2010 $1.16
Mar2009 $0.92
Mar2008 $2.18
Mar2007 $1.08
Mar2006 $0.95
Mar2005 $0.80
Mar2004 $0.66
Mar2003 $0.66
Mar2002 $0.51
Mar2001 $0.40
Mar2000 $0.60
Mar1999 $0.15

Earnings Per Share – ModernGraham History

EPSmg History
Next Fiscal Year Estimate $3.73
Mar2018 $3.28
Mar2017 $2.84
Mar2016 $2.34
Mar2015 $2.00
Mar2014 $1.59
Mar2013 $1.47
Mar2012 $1.31
Mar2011 $1.32
Mar2010 $1.28
Mar2009 $1.28
Mar2008 $1.36
Mar2007 $0.91
Mar2006 $0.78
Mar2005 $0.67
Mar2004 $0.59
Mar2003 $0.53

Recommended Reading:

Other ModernGraham posts about the company

11 Best Stocks for Value Investors This Week – 3/4/17
Multi-Color Corporation Valuation – Initial Coverage $LABL

Other ModernGraham posts about related companies

Korn/Ferry International Valuation – August 2018 $KFY
Kelly Services Inc Valuation – August 2018 $KELYA
Jack Henry & Associates Inc Valuation – August 2018 $JKHY
Dun & Bradstreet Corp Valuation – July 2018 $DNB
CoreLogic Inc Valuation – July 2018 $CLGX
Pitney Bowes Inc Valuation – June 2018 $PBI
United Rentals Inc Valuation – June 2018 $URI
Global Payments Inc Valuation – June 2018 $GPN
Verisk Analytics Inc Valuation – June 2018 $VRSK
Robert Half International Inc Valuation – June 2018 $RHI

Disclaimer:

The author did not hold a position in any company mentioned in this article at the time of publication and had no intention of changing that position within the next 72 hours.  See my current holdings here.  This article is not investment advice; any reader should speak to a registered investment adviser prior to making any investment decisions.  ModernGraham is not affiliated with the company in any manner.  Please be sure to review our detailed disclaimer.

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You can also download the raw data in a monthly spreadsheet including each company’s rating regarding Defensive Investors, Enterprising Investors, or Speculative, the MG Value, the price as a percent of the MG Value, the PEmg ratio, the dividend yield, the beta, the current ratio, the Net Current Asset Value, the market-implied growth rate, consecutive years of dividend growth (not yet available for all companies covered), Graham Number (not yet available for all companies covered) and a link to the latest ModernGraham valuation!

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Testimonials

Beautiful clean posts, great format, well written commentary and straighttorward graphics. Ben, you really have built a great site and resource for value investing.

With so much talk about stocks being overvalued, I’m glad to find someone that helps with the legwork of determining value investments. When the downturn occurs I feel confident ill be better prepared than most. I purchased your March screens and am looking forward to April. Thanks.

Excellent modernizing application of Graham’s life work. Thank you!

I just discovered your web site and find it intriguing. I inherited some div stocks 20 yrs ago and just recently decided to reallocate using “Seeking Alpha as ” as a tool and discovered a whole different world. And now with MG further frontiers seem to be unfolding. I’m looking forward to spending my mornings with MG and making my investments with sound tried and true, (and profitable) assistance.

Although Canada based, I’ve just started to dip a toe into the U.S. market, so, as a novice in that market and Defensive investor, I’ve found your MG summaries very useful and illuminating.

History shows that people who save and invest grow and prosper. ModernGraham gives us the knowledge and wisdom to help us invest wisely in order to grow our investments.

Invest with knowledge on your side. ModernGraham provides that.

Before I buy a stock, I always check first to see if MG has evaluated it. Buying within your criteria for a defensive investor, I always feel that at a minimum, I will be able to sleep at night and very possibly earn a handsome gain in the process. Thanks for helping me plot an even course through all the “vicissitudes” and profit from Mr. Market’s emotional ups and downs. Keep up the great work!

Since I’ve been using Modern Graham’s recommendations my portfolio is moving into the black! I thoroughly recommend this service as a way to improve buying choices in a volatile market.

Help improve the product!

Finally, please leave a review or a comment with suggestions for improvements.  I want this product to be a valuable tool for your enjoyment!*

*As always, ModernGraham makes no recommendations for investments in specific situations.  Please consult a registered broker or investment advisor regarding your individual investment decisions.

Multi-Color Corporation Valuation – Initial Coverage $LABL

Benjamin Graham taught that Intelligent Investors must do a thorough fundamental analysis of investment opportunities to determine their intrinsic value and inherent risk.  This is best done by utilizing a systematic approach to analysis that will provide investors with a sense of how a specific company compares to another company or by reviewing the 10 Stocks for Using A Benjamin Graham Value Investing Strategy – February 2017.  By using the ModernGraham method one can review a company’s historical accomplishments and determine an intrinsic value that can be compared across industries.  What follows is a stock analysis showing a specific look at how Multi-Color Corporation (LABL) fares in the ModernGraham valuation model.

Company Profile (obtained from Google Finance): Multi-Color Corporation (Multi-Color) is engaged in label solutions business, supporting brands, including producers of home and personal care, wine and spirit, food and beverage, healthcare and specialty consumer products. The Company serves international brand owners in North, Central and South America, Europe, Australia, New Zealand, South Africa and China and Southeast Asia with a range of label technologies in Pressure Sensitive, Glue-Applied (Cut and Stack), In-Mold, Shrink Sleeve and Heat Transfer. The Company also provides a range of print methods, including flexographic, lithographic, rotogravure, letterpress and digital, and in-house prepress services. The Company provides graphics and pre-press services for its customers at all of its manufacturing locations. These services include the conversion of customer digital files and artwork into proofs, production of print layouts and printing plates, and product mock ups and samples for market research.

LABL Chart

LABL data by YCharts

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Premium members can view a full ModernGraham valuation of the company and have access to download a PDF version of the valuation for easy reference. Recent valuations of the components of the Dow Jones Industrial Average are available for free members, including this one of Microsoft Corporation.  In addition, here is a post detailing what can be found within each individual company’s valuation.

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[not-level-free]

Downloadable PDF version of this valuation:

ModernGraham Valuation of LABL – February 2017

Stage 1: Is this company suitable for the Defensive Investor or the Enterprising Investor?

What kind of Intelligent Investor are you?

Defensive Investor; must pass 6 out of the following 7 tests.
1. Adequate Size of the Enterprise Market Cap > $2Bil $1,224,994,487 Fail
2. Sufficiently Strong Financial Condition Current Ratio > 2 2.04 Pass
3. Earnings Stability Positive EPS for 10 years prior Pass
4. Dividend Record Dividend Payments for 10 years prior Pass
5. Earnings Growth Increase of 33% in EPS in past 10 years using 3 year averages at beginning and end 110.33% Pass
6. Moderate PEmg Ratio PEmg < 20 25.91 Fail
7. Moderate Price to Assets PB Ratio < 2.5 OR PB*PEmg < 50 3.51 Fail
Enterprising Investor; must pass 4 out of the following 5 tests, or be suitable for the Defensive Investor.
1. Sufficiently Strong Financial Condition Current Ratio > 1.5 2.04 Pass
2. Sufficiently Strong Financial Condition Debt to NCA < 1.1 4.02 Fail
3. Earnings Stability Positive EPS for 5 years prior Pass
4. Dividend Record Currently Pays Dividend Pass
5. Earnings Growth EPSmg greater than 5 years ago Pass

Stage 2: Determination of Intrinsic Value

EPSmg $2.79
MG Growth Estimate 13.49%
MG Value $98.91
Opinion Undervalued
MG Grade C+
MG Value based on 3% Growth $40.43
MG Value based on 0% Growth $23.70
Market Implied Growth Rate 8.71%
Current Price $72.25
% of Intrinsic Value 73.05%

Multi-Color Corporation is suitable for the Enterprising Investor but not the more conservative Defensive Investor. The Defensive Investor is concerned with the small size, high PEmg and PB ratios. The Enterprising Investor is only concerned with the level of debt relative to the net current assets. As a result, all Enterprising Investors following the ModernGraham approach should feel comfortable proceeding with the analysis.

As for a valuation, the company appears to be Undervalued after growing its EPSmg (normalized earnings) from $1.47 in 2013 to an estimated $2.79 for 2017. This level of demonstrated earnings growth outpaces the market’s implied estimate of 8.71% annual earnings growth over the next 7-10 years. As a result, the ModernGraham valuation model, based on the Benjamin Graham value investing formula, returns an estimate of intrinsic value above the price.

At the time of valuation, further research into Multi-Color Corporation revealed the company was trading above its Graham Number of $39.96. The company pays a dividend of $0.2 per share, for a yield of 0.3% Its PEmg (price over earnings per share – ModernGraham) was 25.91, which was above the industry average of 21.9. Finally, the company was trading above its Net Current Asset Value (NCAV) of $-26.47.

Multi-Color Corporation receives an average overall rating in the ModernGraham grading system, scoring a C+.

Stage 3: Information for Further Research

Net Current Asset Value (NCAV) -$26.47
Graham Number $39.96
PEmg 25.91
Current Ratio 2.04
PB Ratio 3.51
Current Dividend $0.20
Dividend Yield 0.28%
Number of Consecutive Years of Dividend Growth 0

[/not-level-free]

Useful Links:

ModernGraham tagged articles Morningstar
Google Finance MSN Money
Yahoo Finance Seeking Alpha
GuruFocus SEC Filings

Most Recent Balance Sheet Figures

Balance Sheet Information 12/1/2016
Total Current Assets $235,117,000
Total Current Liabilities $115,170,000
Long-Term Debt $482,380,000
Total Assets $1,036,353,000
Intangible Assets $560,746,000
Total Liabilities $686,102,000
Shares Outstanding (Diluted Average) 17,039,000

Earnings Per Share History

EPS History
Next Fiscal Year Estimate $3.43
Mar2016 $2.82
Mar2015 $2.71
Mar2014 $1.70
Mar2013 $1.86
Mar2012 $1.32
Mar2011 $1.40
Mar2010 $1.16
Mar2009 $0.92
Mar2008 $2.18
Mar2007 $1.08
Mar2006 $0.95
Mar2005 $0.80
Mar2004 $0.66
Mar2003 $0.66
Mar2002 $0.51
Mar2001 $0.40
Mar2000 $0.60
Mar1999 $0.15
Mar1998 -$0.59
Mar1997 $0.17

Earnings Per Share – ModernGraham History

EPSmg History
Next Fiscal Year Estimate $2.79
Mar2016 $2.34
Mar2015 $2.00
Mar2014 $1.59
Mar2013 $1.47
Mar2012 $1.31
Mar2011 $1.32
Mar2010 $1.28
Mar2009 $1.28
Mar2008 $1.36
Mar2007 $0.91
Mar2006 $0.78
Mar2005 $0.67
Mar2004 $0.59
Mar2003 $0.53
Mar2002 $0.38
Mar2001 $0.26

Recommended Reading:

Other ModernGraham posts about the company

None. This is the first time ModernGraham has covered the company.

Other ModernGraham posts about related companies

Korn-Ferry International Valuation – Initial Coverage $KFY
Capella Education Company Valuation – Initial Coverage $CPLA
Kelly Services Inc Valuation – Initial Coverage $KELYA
Alliance Data Systems Corp Valuation – February 2017 $ADS
John Wiley & Sons Inc Valuation – Initial Coverage $JW.A
Dun & Bradstreet Corp Valuation – January 2017 $DNB
Apollo Education Group Inc Valuation – January 2017 $APOL
Accenture PLC Valuation – December 2016 $ACN
Automatic Data Processing Valuation – November 2016 $ADP
United Rentals Inc Valuation – August 2016 $URI

Disclaimer:

The author did not hold a position in any company mentioned in this article at the time of publication and had no intention of changing that position within the next 72 hours.  See my current holdings here.  This article is not investment advice; any reader should speak to a registered investment adviser prior to making any investment decisions.  ModernGraham is not affiliated with the company in any manner.  Please be sure to review our detailed disclaimer.

March 2017 Stocks & Screens Now Available!

Thank you to all members for helping to support my continued efforts on this site by being premium members.  This month’s premium content is now available.  Get it here if you’re currently a premium member!  If you’re not a premium member and like my site, please consider joining.  Memberships start as low as $6.25/month!

Now, a little bit about both the Stocks & Screens publication and the Enhanced Valuation Spreadsheet:

Stocks & Screens

Stocks & ScreensInside this monthly PDF report and spreadsheet is a listing of all the companies reviewed by ModernGraham in a handy table with some key figures, including dividend yield information.  It then proceeds to screen the companies regarding different topics.  This is a great tool for your research into value investing opportunities.

You can also download the raw data in a monthly spreadsheet including each company’s rating regarding Defensive Investors, Enterprising Investors, or Speculative, the MG Value, the price as a percent of the MG Value, the PEmg ratio, the dividend yield, the beta, the current ratio, the Net Current Asset Value, the market-implied growth rate, consecutive years of dividend growth (not yet available for all companies covered), Graham Number (not yet available for all companies covered) and a link to the latest ModernGraham valuation!

Inside the PDF report, you will find screens for:

  • Undervalued Companies
  • Fairly Valued Companies
  • Lowest PEmg Ratio – Defensive Investor
  • Lowest PEmg Ratio – Enterprising Investor
  • Stocks Trading Closest to NCAV
  • Companies Trading Close to 52 Week High
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  • Companies With the Highest Beta
  • Companies With the Lowest Beta
  • Undervalued Companies with a High Dividend Yield
  • Companies Trading Below Their Graham Number
  • Dividend Growth Companies

In addition, you can review ModernGraham’s Glance at the Dow, a valuation of the Dow Jones Industrial Average as a whole and its individual components!

Preview all of the Premium Content:

Individual Valuations:  Microsoft Corp Valuation – February 2017 $MSFT
Stocks & Screens PDF (monthly) – February 2016
Raw Data Spreadsheet (monthly) – 2016-02-24
Enhanced Spreadsheet (weekly) – Enhanced Spreadsheet 3-2-16
A-List Report PDF (quarterly)
Industry Review Report Series (monthly)

Purchasing Options:

There are two tiers of premium membership, each with different billing options.  In addition, the A-List Report and the Industry Review Report can be purchased individually here.

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Pricing of Basic Level:

Single Month – $9.99
Monthly Recurring – $7.99 – 20% off a single month’s price!
Annual Recurring – $74.99 – 22% off the monthly recurring price!

Advanced Membership

Includes:

– Individual Valuations
– Stocks & Screens PDF (monthly)
– Raw Data Spreadsheet (monthly)
– Enhanced Spreadsheet (weekly)
– Industry Review Report Series (monthly)
– AList Report PDF (quarterly)

Pricing of Advanced Level:

Single Month – $29.99
Monthly Recurring – $19.99
Annual Recurring – $159.99

To become a premium member, follow these steps:

Yes! I want to be a Premium Member!
  1. Register using the button above, following the directions to pay.  Acceptable payment options are Visa, Mastercard, American Express, Discover, Paypal, and more.
  2. Once your payment is complete, visit the Subscriber Content page to access the issues.
  3. When you return later, you can login to your account here.

To upgrade from basic to advanced:

Please email me at ben@moderngraham.com to request an upgrade.

Cancellation and Refunds:

If you are unhappy with your subscription for any reason, please send an email to ben@moderngraham.com to cancel.  If immediate cancellation is requested, a refund of the most recent month’s subscription fee will be issued.  If you would like to simply cancel at the end of your current billing cycle, the recurring payment will be stopped.

Testimonials

Beautiful clean posts, great format, well written commentary and straighttorward graphics. Ben, you really have built a great site and resource for value investing.

With so much talk about stocks being overvalued, I’m glad to find someone that helps with the legwork of determining value investments. When the downturn occurs I feel confident ill be better prepared than most. I purchased your March screens and am looking forward to April. Thanks.

Excellent modernizing application of Graham’s life work. Thank you!

I just discovered your web site and find it intriguing. I inherited some div stocks 20 yrs ago and just recently decided to reallocate using “Seeking Alpha as ” as a tool and discovered a whole different world. And now with MG further frontiers seem to be unfolding. I’m looking forward to spending my mornings with MG and making my investments with sound tried and true, (and profitable) assistance.

Although Canada based, I’ve just started to dip a toe into the U.S. market, so, as a novice in that market and Defensive investor, I’ve found your MG summaries very useful and illuminating.

History shows that people who save and invest grow and prosper. ModernGraham gives us the knowledge and wisdom to help us invest wisely in order to grow our investments.

Invest with knowledge on your side. ModernGraham provides that.

Before I buy a stock, I always check first to see if MG has evaluated it. Buying within your criteria for a defensive investor, I always feel that at a minimum, I will be able to sleep at night and very possibly earn a handsome gain in the process. Thanks for helping me plot an even course through all the “vicissitudes” and profit from Mr. Market’s emotional ups and downs. Keep up the great work!

Since I’ve been using Modern Graham’s recommendations my portfolio is moving into the black! I thoroughly recommend this service as a way to improve buying choices in a volatile market.

Help improve the product!

Finally, please leave a review or a comment with suggestions for improvements.  I want this product to be a valuable tool for your enjoyment!*

*As always, ModernGraham makes no recommendations for investments in specific situations.  Please consult a registered broker or investment advisor regarding your individual investment decisions.

February 2017 Stocks & Screens Now Available!

Thank you to all members for helping to support my continued efforts on this site by being premium members.  This month’s premium content is now available.  Get it here if you’re currently a premium member!  If you’re not a premium member and like my site, please consider joining.  Memberships start as low as $6.25/month!

Now, a little bit about both the Stocks & Screens publication and the Enhanced Valuation Spreadsheet:

Stocks & Screens

Stocks & ScreensBasic Premium Members get access to the Stocks & Screens publication.  Inside this monthly PDF report and spreadsheet is a listing of all the companies reviewed by ModernGraham (currently about 650 different companies) in a handy table with some key figures, including dividend yield information.  It then proceeds to screen the companies regarding different topics.  This is a great tool for your research into value investing opportunities.

You can also download the raw data in a monthly spreadsheet including each company’s rating regarding Defensive Investors, Enterprising Investors, or Speculative, the MG Value, the price as a percent of the MG Value, the PEmg ratio, the dividend yield, the beta, the current ratio, the Net Current Asset Value, the market-implied growth rate, consecutive years of dividend growth (not yet available for all companies covered), Graham Number (not yet available for all companies covered) and a link to the latest ModernGraham valuation!

Inside the PDF report, you will find screens for:

  • Undervalued Companies
  • Fairly Valued Companies
  • Lowest PEmg Ratio – Defensive Investor
  • Lowest PEmg Ratio – Enterprising Investor
  • Stocks Trading Closest to NCAV
  • Companies Trading Close to 52 Week High
  • Companies Trading Close to 52 Week Low
  • Companies With the Highest Beta
  • Companies With the Lowest Beta
  • Undervalued Companies with a High Dividend Yield
  • Companies Trading Below Their Graham Number
  • Dividend Growth Companies

In addition, you can review ModernGraham’s Glance at the Dow, a valuation of the Dow Jones Industrial Average as a whole and its individual components!

Preview the Premium Content:

Download the September 2014 PDF, the September 2014 spreadsheet, or watch this preview video:

Enhanced Valuation Spreadsheet

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Here’s a sample of what you can find in the Enhanced Valuation Spreadsheet:

Market Overview

This page provides a summary of all of the companies reviewed by ModernGraham.

Enhanced Spreadsheet 1

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Enter tickers of companies covered by ModernGraham to generate an easy to read summary of those company valuations.

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See the key details of every individual valuation by ModernGraham.  The spreadsheet also includes sheets showing only the latest company valuations, the Dow Jones Industrial Average components, and the S&P 500 components.

Enhanced Spreadsheet 3

Valuation Calculator

If a company is not covered by ModernGraham, you now have the opportunity to input financial data and generate a ModernGraham valuation on your own.  All you need is basic balance sheet figures, and Earnings Per Share data, and let the spreadsheet do the rest!  *Note – this part of the spreadsheet “expires” weekly, in order to require you to verify your continued membership by downloading a new version of the spreadsheet.

Enhanced Spreadsheet 4

Also included in premium membership: Access to all individual ModernGraham valuations!

With a premium membership, you can access every ModernGraham valuation of about 540 companies.  The ModernGraham approach is three-fold, and the new design will highlight that fact.  This will enable you to conduct your research as efficiently as possible.  Stage 1 looks to determine if the company is suitable for either the Defensive Investor or the Enterprising Investor; Stage 2 presents ModernGraham’s calculation of intrinsic value and gives some brief comments; and, Stage 3 provides some data to assist with your further research.

The PDF Version

In addition, a PDF version of the entire valuation is included and can easily be printed for your quick reference.  This PDF has all of the information from the valuation, from the Stage 1 analysis to useful links for research purposes.  But don’t just listen to what it includes – take a look for yourself!  Here’s a free sample valuation!

The Data

ModernGraham has always utilized ten years worth of financial data when calculating the intrinsic value of a company.  Now, we download twenty years worth of data in order to provide you with more historical context.  This means that we can look back on the company to calculate the intrinsic value for up to fifteen years, giving you an opportunity to compare how the company’s price has moved in relation to the intrinsic value over time.

Purchasing Options:

There are two tiers of premium membership, each with different billing options.

Basic Membership – Stocks & Screens only!

Single Month – $9.99

Monthly Recurring – $7.99 – 20% off a single month’s price!

Annual Recurring – $74.99 – 22% off the monthly recurring price – only $6.25/month!

Advanced Membership – Stocks & Screens, the A-List Report, and the Enhanced Valuation Spreadsheet!

Single Month – $29.99

Monthly Recurring – $19.99 – 33% off a single month’s price!

Annual Recurring – $159.99 – 33% off a recurring monthly subscription – only $13.33/month!

To become a subscriber, follow these steps:

  1. Register through this page, following the directions to pay.  Acceptable payment options are Visa, Mastercard, American Express, Discover, Paypal, and more.
  2. Once your payment is complete, visit the Subscriber Content page to access the issues.
  3. When you return later, you can login to your account here.

Testimonials

With so much talk about stocks being overvalued, I’m glad to find someone that helps with the legwork of determining value investments. When the downturn occurs I feel confident ill be better prepared than most. I purchased your March screens and am looking forward to April. Thanks.

Excellent modernizing application of Graham’s life work. Thank you!

I just discovered your web site and find it intriguing. I inherited some div stocks 20 yrs ago and just recently decided to reallocate using “Seeking Alpha as ” as a tool and discovered a whole different world. And now with MG further frontiers seem to be unfolding. I’m looking forward to spending my mornings with MG and making my investments with sound tried and true, (and profitable) assistance.

Although Canada based, I’ve just started to dip a toe into
the U.S. market, so, as a novice in that market and Defensive investor, I’ve found your MG summaries very
useful and illuminating.

History shows that people who save and invest grow and prosper. ModernGraham gives us the knowledge and wisdom to help us invest wisely in order to grow our investments.

Invest with knowledge on your side. ModernGraham provides that.

Before I buy a stock, I always check first to see if MG has evaluated it. Buying within your criteria for a defensive investor, I always feel that at a minimum, I will be able to sleep at night and very possibly earn a handsome gain in the process. Thanks for helping me plot an even course through all the “vicissitudes” and profit from Mr. Market’s emotional ups and downs. Keep up the great work!

Since I’ve been using Modern Graham’s recommendations my portfolio is moving into the black! I thoroughly recommend this service as a way to improve buying choices in a volatile market.

Cancellation and Refunds:

If you are unhappy with your subscription for any reason, please send an email to ben@moderngraham.com to cancel.  If immediate cancellation is requested, a refund of the most recent month’s subscription fee will be issued.  If you would like to simply cancel at the end of your current billing cycle, the recurring payment will be stopped.

Help improve the product!

Finally, please leave a review or a comment with suggestions for improvements.  I want this product to be a valuable tool for your enjoyment!*

*As always, ModernGraham makes no recommendations for investments in specific situations.  Please consult a registered broker or investment advisor regarding your individual investment decisions.

January 2017 Stocks & Screens Now Available!

Thank you to all members for helping to support my continued efforts on this site by being premium members.  This month’s premium content is now available.  Get it here if you’re currently a premium member!

Now, a little bit about both the Stocks & Screens publication and the Enhanced Valuation Spreadsheet:

Stocks & Screens

Stocks & ScreensBasic Premium Members get access to the Stocks & Screens publication.  Inside this monthly PDF report and spreadsheet is a listing of all the companies reviewed by ModernGraham (currently about 600 different companies) in a handy table with some key figures, including dividend yield information.  It then proceeds to screen the companies regarding different topics.  This is a great tool for your research into value investing opportunities.

You can also download the raw data in a monthly spreadsheet including each company’s rating regarding Defensive Investors, Enterprising Investors, or Speculative, the MG Value, the price as a percent of the MG Value, the PEmg ratio, the dividend yield, the beta, the current ratio, the Net Current Asset Value, the market-implied growth rate, consecutive years of dividend growth (not yet available for all companies covered), Graham Number (not yet available for all companies covered) and a link to the latest ModernGraham valuation!

Inside the PDF report, you will find screens for:

  • Undervalued Companies
  • Fairly Valued Companies
  • Lowest PEmg Ratio – Defensive Investor
  • Lowest PEmg Ratio – Enterprising Investor
  • Stocks Trading Closest to NCAV
  • Companies Trading Close to 52 Week High
  • Companies Trading Close to 52 Week Low
  • Companies With the Highest Beta
  • Companies With the Lowest Beta
  • Undervalued Companies with a High Dividend Yield
  • Companies Trading Below Their Graham Number
  • Dividend Growth Companies

In addition, you can review ModernGraham’s Glance at the Dow, a valuation of the Dow Jones Industrial Average as a whole and its individual components!

Preview the Premium Content:

Download the September 2014 PDF, the September 2014 spreadsheet, or watch this preview video:

Enhanced Valuation Spreadsheet

Advanced Premium Members also get access to our Enhanced Valuation Spreadsheet, which is released weekly.  This spreadsheet outlines all of the most recent ModernGraham valuations, provides an overview of the market, gives an opportunity to create a “watch list”, summarizes the latest ModernGraham valuations, and provides a tool for evaluating companies not covered by ModernGraham using the ModernGraham formula.

Advanced Premium Members can see the MG Grades for each company as well!

If you are already a premium member and would like to become an advanced premium member to gain access to the Enhanced Valuation Spreadsheet, please upgrade your subscription!

Please note that you must use Microsoft Excel in order to use the Enhanced Valuation Spreadsheet.  Sorry if this causes any inconvenience, but it is necessary for some of the functions to work properly.

Here’s a sample of what you can find in the Enhanced Valuation Spreadsheet:

Market Overview

This page provides a summary of all of the companies reviewed by ModernGraham.

Enhanced Spreadsheet 1

Watch List

Enter tickers of companies covered by ModernGraham to generate an easy to read summary of those company valuations.

Enhanced Spreadsheet 2

MG Universe

See the key details of every individual valuation by ModernGraham.  The spreadsheet also includes sheets showing only the latest company valuations, the Dow Jones Industrial Average components, and the S&P 500 components.

Enhanced Spreadsheet 3

Valuation Calculator

If a company is not covered by ModernGraham, you now have the opportunity to input financial data and generate a ModernGraham valuation on your own.  All you need is basic balance sheet figures, and Earnings Per Share data, and let the spreadsheet do the rest!  *Note – this part of the spreadsheet “expires” weekly, in order to require you to verify your continued membership by downloading a new version of the spreadsheet.

Enhanced Spreadsheet 4

Also included in premium membership: Access to all individual ModernGraham valuations!

With a premium membership, you can access every ModernGraham valuation of about 540 companies.  The ModernGraham approach is three-fold, and the new design will highlight that fact.  This will enable you to conduct your research as efficiently as possible.  Stage 1 looks to determine if the company is suitable for either the Defensive Investor or the Enterprising Investor; Stage 2 presents ModernGraham’s calculation of intrinsic value and gives some brief comments; and, Stage 3 provides some data to assist with your further research.

The PDF Version

In addition, a PDF version of the entire valuation is included and can easily be printed for your quick reference.  This PDF has all of the information from the valuation, from the Stage 1 analysis to useful links for research purposes.  But don’t just listen to what it includes – take a look for yourself!  Here’s a free sample valuation!

The Data

ModernGraham has always utilized ten years worth of financial data when calculating the intrinsic value of a company.  Now, we download twenty years worth of data in order to provide you with more historical context.  This means that we can look back on the company to calculate the intrinsic value for up to fifteen years, giving you an opportunity to compare how the company’s price has moved in relation to the intrinsic value over time.

Purchasing Options:

There are two tiers of premium membership, each with different billing options.

Basic Membership – Stocks & Screens only!

Single Month – $9.99

Monthly Recurring – $7.99 – 20% off a single month’s price!

Annual Recurring – $74.99 – 22% off the monthly recurring price!

Advanced Membership – Stocks & Screens, the A-List Report, and the Enhanced Valuation Spreadsheet!

Single Month – $29.99

Monthly Recurring – $19.99 – 33% off a single month’s price!

Annual Recurring – $159.99 – 33% off a recurring monthly subscription!

To become a subscriber, follow these steps:

  1. Register through this page, following the directions to pay.  Acceptable payment options are Visa, Mastercard, American Express, Discover, Paypal, and more.
  2. Once your payment is complete, visit the Subscriber Content page to access the issues.
  3. When you return later, you can login to your account here.

Testimonials

With so much talk about stocks being overvalued, I’m glad to find someone that helps with the legwork of determining value investments. When the downturn occurs I feel confident ill be better prepared than most. I purchased your March screens and am looking forward to April. Thanks.

Excellent modernizing application of Graham’s life work. Thank you!

I just discovered your web site and find it intriguing. I inherited some div stocks 20 yrs ago and just recently decided to reallocate using “Seeking Alpha as ” as a tool and discovered a whole different world. And now with MG further frontiers seem to be unfolding. I’m looking forward to spending my mornings with MG and making my investments with sound tried and true, (and profitable) assistance.

Although Canada based, I’ve just started to dip a toe into
the U.S. market, so, as a novice in that market and Defensive investor, I’ve found your MG summaries very
useful and illuminating.

History shows that people who save and invest grow and prosper. ModernGraham gives us the knowledge and wisdom to help us invest wisely in order to grow our investments.

Invest with knowledge on your side. ModernGraham provides that.

Before I buy a stock, I always check first to see if MG has evaluated it. Buying within your criteria for a defensive investor, I always feel that at a minimum, I will be able to sleep at night and very possibly earn a handsome gain in the process. Thanks for helping me plot an even course through all the “vicissitudes” and profit from Mr. Market’s emotional ups and downs. Keep up the great work!

Since I’ve been using Modern Graham’s recommendations my portfolio is moving into the black! I thoroughly recommend this service as a way to improve buying choices in a volatile market.

Cancellation and Refunds:

If you are unhappy with your subscription for any reason, please send an email to ben@moderngraham.com to cancel.  If immediate cancellation is requested, a refund of the most recent month’s subscription fee will be issued.  If you would like to simply cancel at the end of your current billing cycle, the recurring payment will be stopped.

Help improve the product!

Finally, please leave a review or a comment with suggestions for improvements.  I want this product to be a valuable tool for your enjoyment!*

*As always, ModernGraham makes no recommendations for investments in specific situations.  Please consult a registered broker or investment advisor regarding your individual investment decisions.

The Autumn Issue of the ModernGraham A-List Report is Now Available




December 2016 Stocks & Screens Now Available!

Thank you to all members for helping to support my continued efforts on this site by being premium members.  This month’s premium content is now available.  Get it here if you’re currently a premium member!

Now, a little bit about both the Stocks & Screens publication and the Enhanced Valuation Spreadsheet:

Stocks & Screens

Stocks & ScreensBasic Premium Members get access to the Stocks & Screens publication.  Inside this monthly PDF report and spreadsheet is a listing of all the companies reviewed by ModernGraham (currently about 540 different companies) in a handy table with some key figures, including dividend yield information.  It then proceeds to screen the companies regarding different topics.  This is a great tool for your research into value investing opportunities.

You can also download the raw data in a monthly spreadsheet including each company’s rating regarding Defensive Investors, Enterprising Investors, or Speculative, the MG Value, the price as a percent of the MG Value, the PEmg ratio, the dividend yield, the beta, the current ratio, the Net Current Asset Value, the market-implied growth rate, consecutive years of dividend growth (not yet available for all companies covered), Graham Number (not yet available for all companies covered) and a link to the latest ModernGraham valuation!

Inside the PDF report, you will find screens for:

  • Undervalued Companies
  • Fairly Valued Companies
  • Lowest PEmg Ratio – Defensive Investor
  • Lowest PEmg Ratio – Enterprising Investor
  • Stocks Trading Closest to NCAV
  • Companies Trading Close to 52 Week High
  • Companies Trading Close to 52 Week Low
  • Companies With the Highest Beta
  • Companies With the Lowest Beta
  • Undervalued Companies with a High Dividend Yield
  • Companies Trading Below Their Graham Number
  • Dividend Growth Companies

In addition, you can review ModernGraham’s Glance at the Dow, a valuation of the Dow Jones Industrial Average as a whole and its individual components!

Preview the Stocks & Screens Content:

Download the September 2014 PDF or the September 2014 spreadsheet.

Enhanced Valuation Spreadsheet

Advanced Premium Members also get access to our Enhanced Valuation Spreadsheet, which is released weekly.  This spreadsheet outlines all of the most recent ModernGraham valuations, provides an overview of the market, gives an opportunity to create a “watch list”, summarizes the latest ModernGraham valuations, and provides a tool for evaluating companies not covered by ModernGraham using the ModernGraham formula.

Advanced Premium Members can see the MG Grades for each company as well!

If you are already a premium member and would like to become an advanced premium member to gain access to the Enhanced Valuation Spreadsheet, please upgrade your subscription!

Please note that you must use Microsoft Excel in order to use the Enhanced Valuation Spreadsheet.  Sorry if this causes any inconvenience, but it is necessary for some of the functions to work properly.

Here’s a sample of what you can find in the Enhanced Valuation Spreadsheet:

Market Overview

This page provides a summary of all of the companies reviewed by ModernGraham.

Enhanced Spreadsheet 1

Watch List

Enter tickers of companies covered by ModernGraham to generate an easy to read summary of those company valuations.

Enhanced Spreadsheet 2

MG Universe

See the key details of every individual valuation by ModernGraham.  The spreadsheet also includes sheets showing only the latest company valuations, the Dow Jones Industrial Average components, and the S&P 500 components.

Enhanced Spreadsheet 3

Valuation Calculator

If a company is not covered by ModernGraham, you now have the opportunity to input financial data and generate a ModernGraham valuation on your own.  All you need is basic balance sheet figures, and Earnings Per Share data, and let the spreadsheet do the rest!  *Note – this part of the spreadsheet “expires” weekly, in order to require you to verify your continued membership by downloading a new version of the spreadsheet.

Enhanced Spreadsheet 4

Also included in premium membership: Access to all individual ModernGraham valuations!

With a premium membership, you can access every ModernGraham valuation of about 540 companies.  The ModernGraham approach is three-fold, and the new design will highlight that fact.  This will enable you to conduct your research as efficiently as possible.  Stage 1 looks to determine if the company is suitable for either the Defensive Investor or the Enterprising Investor; Stage 2 presents ModernGraham’s calculation of intrinsic value and gives some brief comments; and, Stage 3 provides some data to assist with your further research.

The PDF Version

In addition, a PDF version of the entire valuation is included and can easily be printed for your quick reference.  This PDF has all of the information from the valuation, from the Stage 1 analysis to useful links for research purposes.  But don’t just listen to what it includes – take a look for yourself!  Here’s a free sample valuation!

The Data

ModernGraham has always utilized ten years worth of financial data when calculating the intrinsic value of a company.  Now, we download twenty years worth of data in order to provide you with more historical context.  This means that we can look back on the company to calculate the intrinsic value for up to fifteen years, giving you an opportunity to compare how the company’s price has moved in relation to the intrinsic value over time.

Purchasing Options:

There are two tiers of premium membership, each with different billing options.

Basic Membership – Stocks & Screens only!

Single Month – $9.99

Monthly Recurring – $7.99 – 20% off a single month’s price!

Annual Recurring – $74.99 – 22% off the monthly recurring price!

Advanced Membership – Stocks & Screens, the A-List Report, and the Enhanced Valuation Spreadsheet!

Single Month – $29.99

Monthly Recurring – $19.99 – 33% off a single month’s price!

Annual Recurring – $159.99 – 33% off a recurring monthly subscription!

To become a subscriber, follow these steps:

  1. Register through this page, following the directions to pay.  Acceptable payment options are Visa, Mastercard, American Express, Discover, Paypal, and more.
  2. Once your payment is complete, visit the Subscriber Content page to access the issues.
  3. When you return later, you can login to your account here.

Testimonials

With so much talk about stocks being overvalued, I’m glad to find someone that helps with the legwork of determining value investments. When the downturn occurs I feel confident ill be better prepared than most. I purchased your March screens and am looking forward to April. Thanks.

Excellent modernizing application of Graham’s life work. Thank you!

I just discovered your web site and find it intriguing. I inherited some div stocks 20 yrs ago and just recently decided to reallocate using “Seeking Alpha as ” as a tool and discovered a whole different world. And now with MG further frontiers seem to be unfolding. I’m looking forward to spending my mornings with MG and making my investments with sound tried and true, (and profitable) assistance.

Although Canada based, I’ve just started to dip a toe into
the U.S. market, so, as a novice in that market and Defensive investor, I’ve found your MG summaries very
useful and illuminating.

History shows that people who save and invest grow and prosper. ModernGraham gives us the knowledge and wisdom to help us invest wisely in order to grow our investments.

Invest with knowledge on your side. ModernGraham provides that.

Before I buy a stock, I always check first to see if MG has evaluated it. Buying within your criteria for a defensive investor, I always feel that at a minimum, I will be able to sleep at night and very possibly earn a handsome gain in the process. Thanks for helping me plot an even course through all the “vicissitudes” and profit from Mr. Market’s emotional ups and downs. Keep up the great work!

Since I’ve been using Modern Graham’s recommendations my portfolio is moving into the black! I thoroughly recommend this service as a way to improve buying choices in a volatile market.

Cancellation and Refunds:

If you are unhappy with your subscription for any reason, please send an email to ben@moderngraham.com to cancel.  If immediate cancellation is requested, a refund of the most recent month’s subscription fee will be issued.  If you would like to simply cancel at the end of your current billing cycle, the recurring payment will be stopped.

Help improve the product!

Finally, please leave a review or a comment with suggestions for improvements.  I want this product to be a valuable tool for your enjoyment!*

*As always, ModernGraham makes no recommendations for investments in specific situations.  Please consult a registered broker or investment advisor regarding your individual investment decisions.

September 2016 Stocks & Screens Now Available!

Thank you to all members for helping to support my continued efforts on this site by being premium members.  This month’s premium content is now available.  Get it here if you’re currently a premium member!

Now, a little bit about both the Stocks & Screens publication and the Enhanced Valuation Spreadsheet:

Stocks & Screens

Stocks & ScreensBasic Premium Members get access to the Stocks & Screens publication.  Inside this monthly PDF report and spreadsheet is a listing of all the companies reviewed by ModernGraham (currently about 540 different companies) in a handy table with some key figures, including dividend yield information.  It then proceeds to screen the companies regarding different topics.  This is a great tool for your research into value investing opportunities.

You can also download the raw data in a monthly spreadsheet including each company’s rating regarding Defensive Investors, Enterprising Investors, or Speculative, the MG Value, the price as a percent of the MG Value, the PEmg ratio, the dividend yield, the beta, the current ratio, the Net Current Asset Value, the market-implied growth rate, consecutive years of dividend growth (not yet available for all companies covered), Graham Number (not yet available for all companies covered) and a link to the latest ModernGraham valuation!

Inside the PDF report, you will find screens for:

  • Undervalued Companies
  • Fairly Valued Companies
  • Lowest PEmg Ratio – Defensive Investor
  • Lowest PEmg Ratio – Enterprising Investor
  • Stocks Trading Closest to NCAV
  • Companies Trading Close to 52 Week High
  • Companies Trading Close to 52 Week Low
  • Companies With the Highest Beta
  • Companies With the Lowest Beta
  • Undervalued Companies with a High Dividend Yield
  • Companies Trading Below Their Graham Number
  • Dividend Growth Companies

In addition, you can review ModernGraham’s Glance at the Dow, a valuation of the Dow Jones Industrial Average as a whole and its individual components!

Preview the Stocks & Screens Content:

Download the September 2014 PDF or the September 2014 spreadsheet.

Enhanced Valuation Spreadsheet

Advanced Premium Members also get access to our Enhanced Valuation Spreadsheet, which is released weekly.  This spreadsheet outlines all of the most recent ModernGraham valuations, provides an overview of the market, gives an opportunity to create a “watch list”, summarizes the latest ModernGraham valuations, and provides a tool for evaluating companies not covered by ModernGraham using the ModernGraham formula.

Advanced Premium Members can see the MG Grades for each company as well!

If you are already a premium member and would like to become an advanced premium member to gain access to the Enhanced Valuation Spreadsheet, please upgrade your subscription!

Please note that you must use Microsoft Excel in order to use the Enhanced Valuation Spreadsheet.  Sorry if this causes any inconvenience, but it is necessary for some of the functions to work properly.

Here’s a sample of what you can find in the Enhanced Valuation Spreadsheet:

Market Overview

This page provides a summary of all of the companies reviewed by ModernGraham.

Enhanced Spreadsheet 1

Watch List

Enter tickers of companies covered by ModernGraham to generate an easy to read summary of those company valuations.

Enhanced Spreadsheet 2

MG Universe

See the key details of every individual valuation by ModernGraham.  The spreadsheet also includes sheets showing only the latest company valuations, the Dow Jones Industrial Average components, and the S&P 500 components.

Enhanced Spreadsheet 3

Valuation Calculator

If a company is not covered by ModernGraham, you now have the opportunity to input financial data and generate a ModernGraham valuation on your own.  All you need is basic balance sheet figures, and Earnings Per Share data, and let the spreadsheet do the rest!  *Note – this part of the spreadsheet “expires” weekly, in order to require you to verify your continued membership by downloading a new version of the spreadsheet.

Enhanced Spreadsheet 4

Also included in premium membership: Access to all individual ModernGraham valuations!

With a premium membership, you can access every ModernGraham valuation of about 540 companies.  The ModernGraham approach is three-fold, and the new design will highlight that fact.  This will enable you to conduct your research as efficiently as possible.  Stage 1 looks to determine if the company is suitable for either the Defensive Investor or the Enterprising Investor; Stage 2 presents ModernGraham’s calculation of intrinsic value and gives some brief comments; and, Stage 3 provides some data to assist with your further research.

The PDF Version

In addition, a PDF version of the entire valuation is included and can easily be printed for your quick reference.  This PDF has all of the information from the valuation, from the Stage 1 analysis to useful links for research purposes.  But don’t just listen to what it includes – take a look for yourself!  Here’s a free sample valuation!

The Data

ModernGraham has always utilized ten years worth of financial data when calculating the intrinsic value of a company.  Now, we download twenty years worth of data in order to provide you with more historical context.  This means that we can look back on the company to calculate the intrinsic value for up to fifteen years, giving you an opportunity to compare how the company’s price has moved in relation to the intrinsic value over time.

Purchasing Options:

There are two tiers of premium membership, each with different billing options.

Basic Membership – Stocks & Screens only!

Single Month – $9.99

Monthly Recurring – $7.99 – 20% off a single month’s price!

Annual Recurring – $74.99 – 22% off the monthly recurring price!

Advanced Membership – Stocks & Screens, the A-List Report, and the Enhanced Valuation Spreadsheet!

Single Month – $29.99

Monthly Recurring – $19.99 – 33% off a single month’s price!

Annual Recurring – $159.99 – 33% off a recurring monthly subscription!

To become a subscriber, follow these steps:

  1. Register through this page, following the directions to pay.  Acceptable payment options are Visa, Mastercard, American Express, Discover, Paypal, and more.
  2. Once your payment is complete, visit the Subscriber Content page to access the issues.
  3. When you return later, you can login to your account here.

Testimonials

With so much talk about stocks being overvalued, I’m glad to find someone that helps with the legwork of determining value investments. When the downturn occurs I feel confident ill be better prepared than most. I purchased your March screens and am looking forward to April. Thanks.

Excellent modernizing application of Graham’s life work. Thank you!

I just discovered your web site and find it intriguing. I inherited some div stocks 20 yrs ago and just recently decided to reallocate using “Seeking Alpha as ” as a tool and discovered a whole different world. And now with MG further frontiers seem to be unfolding. I’m looking forward to spending my mornings with MG and making my investments with sound tried and true, (and profitable) assistance.

Although Canada based, I’ve just started to dip a toe into
the U.S. market, so, as a novice in that market and Defensive investor, I’ve found your MG summaries very
useful and illuminating.

History shows that people who save and invest grow and prosper. ModernGraham gives us the knowledge and wisdom to help us invest wisely in order to grow our investments.

Invest with knowledge on your side. ModernGraham provides that.

Before I buy a stock, I always check first to see if MG has evaluated it. Buying within your criteria for a defensive investor, I always feel that at a minimum, I will be able to sleep at night and very possibly earn a handsome gain in the process. Thanks for helping me plot an even course through all the “vicissitudes” and profit from Mr. Market’s emotional ups and downs. Keep up the great work!

Since I’ve been using Modern Graham’s recommendations my portfolio is moving into the black! I thoroughly recommend this service as a way to improve buying choices in a volatile market.

Cancellation and Refunds:

If you are unhappy with your subscription for any reason, please send an email to ben@moderngraham.com to cancel.  If immediate cancellation is requested, a refund of the most recent month’s subscription fee will be issued.  If you would like to simply cancel at the end of your current billing cycle, the recurring payment will be stopped.

Help improve the product!

Finally, please leave a review or a comment with suggestions for improvements.  I want this product to be a valuable tool for your enjoyment!*

*As always, ModernGraham makes no recommendations for investments in specific situations.  Please consult a registered broker or investment advisor regarding your individual investment decisions.

August 2016 Stocks & Screens Now Available!

Thank you to all members for helping to support my continued efforts on this site by being premium members.  This month’s premium content is now available.  Get it here if you’re currently a premium member!

Now, a little bit about both the Stocks & Screens publication and the Enhanced Valuation Spreadsheet:

Stocks & Screens

Stocks & ScreensBasic Premium Members get access to the Stocks & Screens publication.  Inside this monthly PDF report and spreadsheet is a listing of all the companies reviewed by ModernGraham (currently about 540 different companies) in a handy table with some key figures, including dividend yield information.  It then proceeds to screen the companies regarding different topics.  This is a great tool for your research into value investing opportunities.

You can also download the raw data in a monthly spreadsheet including each company’s rating regarding Defensive Investors, Enterprising Investors, or Speculative, the MG Value, the price as a percent of the MG Value, the PEmg ratio, the dividend yield, the beta, the current ratio, the Net Current Asset Value, the market-implied growth rate, consecutive years of dividend growth (not yet available for all companies covered), Graham Number (not yet available for all companies covered) and a link to the latest ModernGraham valuation!

Inside the PDF report, you will find screens for:

  • Undervalued Companies
  • Fairly Valued Companies
  • Lowest PEmg Ratio – Defensive Investor
  • Lowest PEmg Ratio – Enterprising Investor
  • Stocks Trading Closest to NCAV
  • Companies Trading Close to 52 Week High
  • Companies Trading Close to 52 Week Low
  • Companies With the Highest Beta
  • Companies With the Lowest Beta
  • Undervalued Companies with a High Dividend Yield
  • Companies Trading Below Their Graham Number
  • Dividend Growth Companies

In addition, you can review ModernGraham’s Glance at the Dow, a valuation of the Dow Jones Industrial Average as a whole and its individual components!

Preview the Stocks & Screens Content:

Download the September 2014 PDF or the September 2014 spreadsheet.

Enhanced Valuation Spreadsheet

Advanced Premium Members also get access to our Enhanced Valuation Spreadsheet, which is released weekly.  This spreadsheet outlines all of the most recent ModernGraham valuations, provides an overview of the market, gives an opportunity to create a “watch list”, summarizes the latest ModernGraham valuations, and provides a tool for evaluating companies not covered by ModernGraham using the ModernGraham formula.

Advanced Premium Members can see the MG Grades for each company as well!

If you are already a premium member and would like to become an advanced premium member to gain access to the Enhanced Valuation Spreadsheet, please upgrade your subscription!

Please note that you must use Microsoft Excel in order to use the Enhanced Valuation Spreadsheet.  Sorry if this causes any inconvenience, but it is necessary for some of the functions to work properly.

Here’s a sample of what you can find in the Enhanced Valuation Spreadsheet:

Market Overview

This page provides a summary of all of the companies reviewed by ModernGraham.

Enhanced Spreadsheet 1

Watch List

Enter tickers of companies covered by ModernGraham to generate an easy to read summary of those company valuations.

Enhanced Spreadsheet 2

MG Universe

See the key details of every individual valuation by ModernGraham.  The spreadsheet also includes sheets showing only the latest company valuations, the Dow Jones Industrial Average components, and the S&P 500 components.

Enhanced Spreadsheet 3

Valuation Calculator

If a company is not covered by ModernGraham, you now have the opportunity to input financial data and generate a ModernGraham valuation on your own.  All you need is basic balance sheet figures, and Earnings Per Share data, and let the spreadsheet do the rest!  *Note – this part of the spreadsheet “expires” weekly, in order to require you to verify your continued membership by downloading a new version of the spreadsheet.

Enhanced Spreadsheet 4

Also included in premium membership: Access to all individual ModernGraham valuations!

With a premium membership, you can access every ModernGraham valuation of about 540 companies.  The ModernGraham approach is three-fold, and the new design will highlight that fact.  This will enable you to conduct your research as efficiently as possible.  Stage 1 looks to determine if the company is suitable for either the Defensive Investor or the Enterprising Investor; Stage 2 presents ModernGraham’s calculation of intrinsic value and gives some brief comments; and, Stage 3 provides some data to assist with your further research.

The PDF Version

In addition, a PDF version of the entire valuation is included and can easily be printed for your quick reference.  This PDF has all of the information from the valuation, from the Stage 1 analysis to useful links for research purposes.  But don’t just listen to what it includes – take a look for yourself!  Here’s a free sample valuation!

The Data

ModernGraham has always utilized ten years worth of financial data when calculating the intrinsic value of a company.  Now, we download twenty years worth of data in order to provide you with more historical context.  This means that we can look back on the company to calculate the intrinsic value for up to fifteen years, giving you an opportunity to compare how the company’s price has moved in relation to the intrinsic value over time.

Purchasing Options:

There are two tiers of premium membership, each with different billing options.

Basic Membership – Stocks & Screens only!

Single Month – $9.99

Monthly Recurring – $7.99 – 20% off a single month’s price!

Annual Recurring – $74.99 – 22% off the monthly recurring price!

Advanced Membership – Stocks & Screens, the A-List Report, and the Enhanced Valuation Spreadsheet!

Single Month – $29.99

Monthly Recurring – $19.99 – 33% off a single month’s price!

Annual Recurring – $159.99 – 33% off a recurring monthly subscription!

To become a subscriber, follow these steps:

  1. Register through this page, following the directions to pay.  Acceptable payment options are Visa, Mastercard, American Express, Discover, Paypal, and more.
  2. Once your payment is complete, visit the Subscriber Content page to access the issues.
  3. When you return later, you can login to your account here.

Testimonials

With so much talk about stocks being overvalued, I’m glad to find someone that helps with the legwork of determining value investments. When the downturn occurs I feel confident ill be better prepared than most. I purchased your March screens and am looking forward to April. Thanks.

Excellent modernizing application of Graham’s life work. Thank you!

I just discovered your web site and find it intriguing. I inherited some div stocks 20 yrs ago and just recently decided to reallocate using “Seeking Alpha as ” as a tool and discovered a whole different world. And now with MG further frontiers seem to be unfolding. I’m looking forward to spending my mornings with MG and making my investments with sound tried and true, (and profitable) assistance.

Although Canada based, I’ve just started to dip a toe into
the U.S. market, so, as a novice in that market and Defensive investor, I’ve found your MG summaries very
useful and illuminating.

History shows that people who save and invest grow and prosper. ModernGraham gives us the knowledge and wisdom to help us invest wisely in order to grow our investments.

Invest with knowledge on your side. ModernGraham provides that.

Before I buy a stock, I always check first to see if MG has evaluated it. Buying within your criteria for a defensive investor, I always feel that at a minimum, I will be able to sleep at night and very possibly earn a handsome gain in the process. Thanks for helping me plot an even course through all the “vicissitudes” and profit from Mr. Market’s emotional ups and downs. Keep up the great work!

Since I’ve been using Modern Graham’s recommendations my portfolio is moving into the black! I thoroughly recommend this service as a way to improve buying choices in a volatile market.

Cancellation and Refunds:

If you are unhappy with your subscription for any reason, please send an email to ben@moderngraham.com to cancel.  If immediate cancellation is requested, a refund of the most recent month’s subscription fee will be issued.  If you would like to simply cancel at the end of your current billing cycle, the recurring payment will be stopped.

Help improve the product!

Finally, please leave a review or a comment with suggestions for improvements.  I want this product to be a valuable tool for your enjoyment!*

*As always, ModernGraham makes no recommendations for investments in specific situations.  Please consult a registered broker or investment advisor regarding your individual investment decisions.

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