PNC – THE PNC FINANCIAL SERVICES GROUP, INC. (HQ: USA/Industry: Banks)
PNS has businesses engaged in retail banking, including residential mortgage, corporate and institutional banking and asset management, providing many of our products and services nationally. Our retail branch network is located coast-to-coast. We also have strategic international offices in four countries outside the U.S.

Recent 10-Year Financial Summary
Revenue: Increased 23%, with 4 declining years
EPS: Increased 141%, with 4 declining years
BV: Increased 81%, with 0 declining years
FCF: Increased 6%, with 5 declining years
Share Count: Decreased -19%
Dividend: Increased 210%, with 0 declining years

The stock is trading below its margin of safety intrinsic value by 11%

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=713676&owner=exclude

DAN – DANA INCORPORATED (HQ: USA/Industry: Auto Components)
Dana is a world leader in providing power-conveyance and energy-management solutions for vehicles and machinery. The company improves the efficiency, performance, and sustainability of light vehicles, commercial vehicles, and off-highway equipment.

Recent 10-Year Financial Summary
Revenue: Increased 24%, with 6 declining years
EPS: Decreased -4%, with 5 declining years
BV: Increased 75%, with 4 declining years
FCF: Decreased -221%, with 5 declining years and currant year being negative
Share Count: Decreased -32%
Dividend: Increased 100%, with 2 declining years

To value the business at the current market price the company would need more than a 5% per year growth for the next 10-years

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=26780&owner=exclude

PSA – PUBLIC STORAGE (HQ: USA/Industry: Equity Real Estate Investment Trusts (REITs))
Public Storage is the industry leading owner and operator of self-storage properties with a recognizable brand, including the ubiquitous orange color, which is one of the most recognizable within the industry. The company’s activities include the ownership and operation of self-storage facilities and other related operations including tenant reinsurance and third-party self-storage management. 

Recent 10-Year Financial Summary
Revenue: Increased 87%, with 0 declining years
EPS: Increased 153%, with 3 declining years
BV: Decreased -7%, with 7 declining years
FCF: Increased 88%, with 2 declining years
Share Count: Increased 2%
Dividend: Increased 82%, with 0 declining years

To value the business at the current market price the company would need more than a 17% per year growth for the next 10-years

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=1393311&owner=exclude

NTUS – NATUS MEDICAL INCORPORATED (HQ: USA/Industry: Health Care Equipment & Supplies)
Natus provides innovative healthcare solutions focused on the diagnosis and treatment of central nervous and sensory system disorders for patients of all ages. The company’s products are trusted by medical professionals in university medical centers, public and private hospitals, physician offices, clinics, research laboratories, and other sites around the world.

Recent 10-Year Financial Summary
Revenue: Increased 62%, with 2 declining years
EPS: Increased 200%, with 3 declining years
BV: Increased 38%, with 4 declining years
FCF: Increased 400%, with 4 declining years
Share Count: Increased 13%
Company does not pay a dividend

To value the business at the current market price the company would need more than a 11% per year growth for the next 10-years

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=878526&owner=exclude

CRTO – CRITEO SA (HQ: France/Industry: Media)
Criteo is a global technology company driving superior commerce outcomes for marketers and media owners through the world’s leading Commerce Media Platform. It operates in commerce media, the future of digital advertising, leveraging commerce data and artificial intelligence to connect ecommerce, digital marketing and media monetization to reach consumers throughout their shopping journey.

Recent 10-Year Financial Summary
Revenue: Increased 526%, with 2 declining years
EPS: Increased 10,350%, with 3 declining years
BV: Increased 1,103%, with 0 declining years
FCF: Was negative for the recent year
Share Count: Increased 16%
Company does not pay a dividend

The stock is fairly valued but only takes into account a 95% margin of safety when ideally it should be 80%

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=1576427&owner=exclude