BLK – BLACKROCK, INC. (HQ: USA/Industry: Capital Markets)
BlackRock provides a broad range of investment management and technology services to institutional and retail clients worldwide. The company’s diverse platform of alpha-seeking active, index and cash management investment strategies across asset classes enables it to tailor investment outcomes and asset allocation solutions for clients. Product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives and money market instruments.

Recent 10-Year Financial Summary
Revenue: Increased 107%, with 1 declining year
EPS: Increased 177%, with 2 declining years
BV: Increased 64%, with 0 declining years
FCF: Increased 120%, with 6 declining years
Share Count: Decreased -13%
Dividend: Increased 175%, with 0 declining years

To value the business at their current market price the company would need more than a 15% per year growth for the next 10-years

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=1364742&owner=exclude

TUP – TUPPERWARE BRANDS CORPORATION (HQ: USA/Industry: Household Durables)
Tupperware is a leading global consumer products company that designs innovative, functional, and environmentally responsible products. The company’s signature container created the modern food storage category that revolutionized the way the world stores, serves, and prepares food. Today, this iconic brand has more than 8,500 functional design and utility patents for solution-oriented kitchen and home products.

Recent 10-Year Financial Summary
Revenue: Decreased -38%, with 8 declining years
EPS: Decreased -90%, with 6 declining years
BV: Decreased -152%, with 6 declining years and currant year being negative
FCF: Decreased -66%, with 6 declining years
Share Count: Decreased -5%
Company does not pay a dividend

The stock is fairly valued but does not take into account a sufficient margin of safety

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=1008654&owner=exclude

EME – EMCOR GROUP, INC. (HQ: USA/Industry: Construction & Engineering)
EMCOR Group is one of the largest specialty contractors in the United States and a leading provider of electrical and mechanical construction and facilities services, building services, and industrial services.

Recent 10-Year Financial Summary
Revenue: Increased 56%, with 1 declining year
EPS: Increased 227%, with 2 declining years
BV: Increased 100%, with 0 declining years
FCF: Increased 93%, with 4 declining years
Share Count: Decreased -21%
Dividend: Increased 100%, with 1 declining year

The stock currently trades below its margin of safety intrinsic value

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=105634&owner=exclude

VSEC – VSE CORPORATION (HQ: USA/Industry: Commercial Services & Supplies)
VSE is a diversified aftermarket products and services company providing repair services, parts distribution, logistics, supply chain management and consulting services for land, sea and air transportation assets to commercial and government markets. Providing logistics and distribution services for legacy systems and equipment and professional and technical services to commercial customers, the government, and federal civilian agencies.

Recent 10-Year Financial Summary
Revenue: Increased 37%, with 5 declining years
EPS: Decreased -69%, with 3 declining years
BV: Increased 108%, with 1 declining year
FCF: Decreased -172%, with 5 declining years and current year being negative
Share Count: Increased 18%
Dividend: Increased 140%, with 0 declining years

To value the business at their current market price the company would need more than a 8% per year growth for the next 10-years

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=102752&owner=exclude

DAC – DANAOS CORPORATION (HQ: Greece/Industry: Marine)
Danaos is one of the largest international owners of containerships, chartering its vessels to many of the world’s largest liner companies. With its fleet including some of the largest containerships, which are designed with certain technological advances and customized modifications that make them efficient with respect to both voyage speed and loading capability when compared to many existing vessels operating in the containership sector.

Recent 10-Year Financial Summary
Revenue: Increased 17%, with 5 declining years
EPS: Increased -481%, with 5 declining years
BV: Increased 65%, with 3 declining years
FCF: Increased -134%, with 5 declining years
Share Count: Increased 163%
Company does not pay a dividend

To value the business at their 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=1369241&owner=exclude