AES – THE AES CORPORATION (HQ: USA/Industry: Independent Power and Renewable Electricity Producers)
52 Week Lo/Hi Price: 19.76 / 28.31
Previous Closing Price: 21.02
Margin of Safety Intrinsic Value Price: 1.89

10-Year Financial Summary (Recent/Average)
Revenue: $11.1B/$13.2B, with 6 declining years and 15.3% YoY growth
EPS (USD): -0.61/-0.13, with 7 declining years and currant year being negative and -971.4% YoY decrease
BV (USD): 3.66/5.00, with 6 declining years and 21.6% YoY growth
FCF: $-214M/$277M, with 5 declining years and currant year being negative and -125% YoY decrease
Dividend: Increased 1,400%, with 0 declining years
Share Count: Decreased -12%

To value the business at the current market price the company would need more than a 27% per year growth for the next 10-years

ICUI – ICU MEDICAL, INC. (HQ: USA/Industry: Health Care Equipment & Supplies)
52 Week Lo/Hi Price: 183.39 / 282.00
Previous Closing Price: 217.50
Margin of Safety Intrinsic Value Price: 72.06

10-Year Financial Summary (Recent/Average)
Revenue: $1.3B/$821M, with 3 declining years and 3.5% YoY growth
EPS (USD): 4.74/3.16, with 6 declining years and 17.9% YoY growth
BV (USD): 74.72/48.84, with 0 declining years and 8.4% YoY growth
FCF: $186M/$68M, with 5 declining years and 52.5% YoY growth
Company does not pay a dividend
Share Count: Increased 47%

To value the business at the current market price the company would need more than a 23% per year growth for the next 10-years

XHR – XENIA HOTELS & RESORTS, INC. (HQ: USA/Industry: Equity Real Estate Investment Trusts (REITs))
52 Week Lo/Hi Price: 15.15 / 21.04
Previous Closing Price: 20.06
Margin of Safety Intrinsic Value Price: 6.03

10-Year Financial Summary (Recent/Average)
Revenue: $616M/$811M, with 3 declining years and 66.5% YoY growth
EPS (USD): -1.26/0.22, with 5 declining years and currant year being negative
BV (USD): 12.70/14.68, with 5 declining years and -5.4% YoY decrease
FCF: $9M/$113M, with 2 declining years
Company did not pay a dividend last year
Share Count: Increased 2%

To value the business at the current market price the company would need more than a 16% per year growth for the next 10-years

EDN – EMPRESA DISTRIBUIDORA Y COMERCIALIZADORA NORTE SA, AKA EDENOR (HQ: Argentina/Industry: Electric Utilities)
52 Week Lo/Hi Price: 3.42 / 7.90
Previous Closing Price: 5.75
Margin of Safety Intrinsic Value Price: 2.07

10-Year Financial Summary (Recent/Average)
Revenue: $1.1B/$391M, with 1 declining year and 24.3% YoY growth
EPS (USD): -4.73/-0.14, with 4 declining years and currant year being negative
BV (USD): 0.16/0.06, with 5 declining years and -12.8% YoY decrease
FCF: $64.2M/$18M, with 5 declining years and -11.6% YoY decrease
Company does not pay a dividend
Share Count: Decreased -2%

To value the business at the current market price the company would need more than a 6% per year growth for the next 10-years

FSLR – FIRST SOLAR, INC. (HQ: USA/Industry: Semiconductors & Semiconductor Equipment)
52 Week Lo/Hi Price: 61.24 / 123.13
Previous Closing Price: 72.26
Margin of Safety Intrinsic Value Price: 10.82

10-Year Financial Summary (Recent/Average)
Revenue: $2.9B/$3B, with 5 declining years and 7.8% YoY growth
EPS (USD): 4.38/1.50, with 3 declining years and 17.4% YoY growth
BV (USD): 54.83/50.06, with 4 declining years and 7.7% YoY growth
FCF: $-303M/$-59M, with 3 declining years and currant year being negative
Company does not pay a dividend
Share Count: Increased 23%