DRE – DUKE REALTY CORPORATION (HQ: USA/Industry: Equity Real Estate Investment Trusts (REITs))
52 Week Lo/Hi Price: 44.13 / 66.22
Previous Closing Price: 53.12
Margin of Safety Intrinsic Value Price: 16.10

10-Year Financial Summary (Recent/Average)
Revenue: $1.1B/$1B, with 5 declining years and 11.4% YoY growth
EPS (USD): 2.25/1.31, with 4 declining years and 181.3% YoY growth
BV (USD): 15.56/11.12, with 3 declining years and 15.8% YoY growth
FCF: $642M/$465M, with 2 declining years and 13.4% YoY growth
Dividend: Increased 53%, with 0 declining years
Share Count: Increased 43%

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

EPAM – EPAM SYSTEMS, INC. (HQ: USA/Industry: IT Services)
52 Week Lo/Hi Price: 168.59 / 725.40
Previous Closing Price: 296.59
Margin of Safety Intrinsic Value Price: 90.66

10-Year Financial Summary (Recent/Average)
Revenue: $3.8B/$1.6B, with 0 declining years and 41.3% YoY growth
EPS (USD): 8.15/3.12, with 1 declining year and 45.5% YoY growth
BV (USD): 41.15/19.14, with 0 declining years and 24.1% YoY growth
FCF: $461M/$189M, with 4 declining years and -3.2% YoY decrease
Company does not pay a dividend
Share Count: Increased 34%

To value the business at the current market price the company would need more than a 26% per year growth for the next 10-years

RRGB – RED ROBIN GOURMET BURGERS, INC. (HQ: USA/Industry: Hotels, Restaurants & Leisure)
52 Week Lo/Hi Price: 12.22 / 38.96
Previous Closing Price: 12.57
Margin of Safety Intrinsic Value Price: 3.82

10-Year Financial Summary (Recent/Average)
Revenue: $1.2B/$1.2B, with 3 declining years and 33.7% YoY growth
EPS (USD): -3.19/-1.06, with 4 declining years and currant year being negative
BV (USD): 6.12/23.25, with 4 declining years and -37.9% YoY decrease
FCF: $5M/$15M, with 6 declining years
Company does not pay a dividend
Share Count: Increased 7%

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

GTLS – CHART INDUSTRIES, INC. (HQ: USA/Industry: Machinery)
52 Week Lo/Hi Price: 108.29 / 206.29
Previous Closing Price: 173.62
Margin of Safety Intrinsic Value Price: 11.67

10-Year Financial Summary (Recent/Average)
Revenue: $1.3B/$1.1B, with 3 declining years and 12% YoY growth
EPS (USD): 1.44/1.67, with 4 declining years and -83% YoY decrease
BV (USD): 43.30/29.33, with 1 declining year and 19.3% YoY growth
FCF: $-74M/$51M, with 5 declining years and currant year being negative and -154.8% YoY decrease
Company does not pay a dividend
Share Count: Increased 37%

To value the business at the current market price the company would need more than a 31% per year growth for the next 10-years

MKSI – MKS INSTRUMENTS, INC. (HQ: USA/Industry: Semiconductors & Semiconductor Equipment)
52 Week Lo/Hi Price: 110.26 / 191.85
Previous Closing Price: 119.80
Margin of Safety Intrinsic Value Price: 72.11

10-Year Financial Summary (Recent/Average)
Revenue: $2.9B/$1.5B, with 2 declining years and 26.6% YoY growth
EPS (USD): 9.90/4.00, with 4 declining years and 56.4% YoY growth
BV (USD): 49.16/28.90, with 1 declining year and 21.9% YoY growth
FCF: $552M/$240M, with 3 declining years and 29% YoY growth
Dividend: Increased 39%, with 0 declining years
Share Count: Increased 6%

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