HSY – THE HERSHEY COMPANY (HQ: USA/Industry: Food Products)
52 Week Lo/Hi Price: 157.94 / 231.60
Previous Closing Price: 222.24
Margin of Safety Intrinsic Value Price: 92.85

10-Year Financial Summary (Recent/Average)
Revenue: $9B/$7.6B, with 1 declining year and 10.1% YoY growth
EPS (USD): 7.11/4.39, with 2 declining years and 16.4% YoY growth
BV (USD): 12.27/6.63, with 2 declining years and 23.7% YoY growth
FCF: $1.6B/$1B, with 3 declining years and 26.2% YoY growth
Dividend: Increased 119%, with 0 declining years
Share Count: Decreased -9%

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

HUBB – HUBBELL INCORPORATED (HQ: USA/Industry: Electrical Equipment)
52 Week Lo/Hi Price: 170.76 / 212.54
Previous Closing Price: 196.33
Margin of Safety Intrinsic Value Price: 85.41

10-Year Financial Summary (Recent/Average)
Revenue: $4.2B/$3.8B, with 1 declining year and 0.2% YoY growth
EPS (USD): 7.28/5.79, with 3 declining years and 13.2% YoY growth
BV (USD): 39.78/32.99, with 2 declining years and 7.3% YoY growth
FCF: $454M/$377M, with 3 declining years and -18.9% YoY decrease
Dividend: Increased 138%, with 0 declining years
Share Count: Decreased -7%

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

NSA – NATIONAL STORAGE AFFILIATES TRUST (HQ: USA/Industry: Equity Real Estate Investment Trusts (REITs))
52 Week Lo/Hi Price: 41.10 / 70.04
Previous Closing Price: 60.46
Margin of Safety Intrinsic Value Price: 9.59

8-Year Financial Summary (Recent/Average)
Revenue: $586M/$272M, with 0 declining years and 35.6% YoY growth
EPS (USD): 0.98/0.22, with 2 declining years and 84.9% YoY growth
BV (USD): 15.25/11.74, with 2 declining years and 55.9% YoY growth
FCF: $303M/$120M, with 0 declining years and 48.5% YoY growth
Dividend: Increased 194%, with 0 declining years
Share Count: Increased 575%

To value the business at the current market price the company would need more than a 22% per year growth for the next 10-years

VALE – VALE SA (HQ: Brazil/Industry: Metals & Mining)
52 Week Lo/Hi Price: 11.16 / 23.18
Previous Closing Price: 16.40
Margin of Safety Intrinsic Value Price: 10.98

10-Year Financial Summary (Recent/Average)
Revenue: $54.5B/$38.9B, with 4 declining years and 36.2% YoY growth
EPS (USD): 4.47/0.72, with 4 declining years and 370.5% YoY growth
BV (USD): 6.89/7.85, with 6 declining years and 2.4% YoY growth
FCF: $20.6B/$5.8B, with 4 declining years and 108.7% YoY growth
Dividend: Increased 210%, with 3 declining years
Share Count: Decreased -2%

To value the business at the current market price the company would need more than a 2% per year growth for the next 10-years

LECO – LINCOLN ELECTRIC HOLDINGS, INC. (HQ: USA/Industry: Machinery)
52 Week Lo/Hi Price: 121.66 / 148.55
Previous Closing Price: 128.35
Margin of Safety Intrinsic Value Price: 77.32

10-Year Financial Summary (Recent/Average)
Revenue: $3.2B/$2.8B, with 5 declining years and 21.8% YoY growth
EPS (USD): 4.60/3.52, with 3 declining years and 34.5% YoY growth
BV (USD): 14.60/14.61, with 4 declining years and 22.7% YoY growth
FCF: $303M/$284M, with 5 declining years and 3.8% YoY growth
Dividend: Increased 194%, with 0 declining years
Share Count: Decreased -29%

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