FOXF, TR, ABB, CE & ACA Intrinsic Values

Today’s Intrinsic Values

Stock Overview

Rundown***

FOXF – FOX FACTORY HOLDING CORP. (HQ: USA/Industry: Auto Components)
Fox Factory designs, engineers, manufactures and markets performance-defining products and systems for customers worldwide. With premium brands, performance-defining products and systems are used primarily on bicycles, side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, specialty vehicles and applications, motorcycles and commercial trucks.

Recent 10-Year Financial Summary
Revenue: Increased 450%, with 0 declining years
EPS: Increased 821%, with 2 declining years
FCF: Decreased -17%, with 4 declining years
Share Count: Increased 24%
Company does not pay a dividend

To value the business at their current market price the company would need more than a 35% per year growth for the next 10-years

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=1424929&owner=exclude

TR – TOOTSIE ROLL INDUSTRIES, INC. (HQ: USA/Industry: Food Products)
Tootsie Roll Industries engages in the manufacture and sale of confectionery products for over 100 years, and is the only industry segment in which the company operates and is its only line of business. The majority of the company’s products are sold under the registered trademarks Tootsie Roll, Tootsie Pops,  Charms, Blow-Pop, Dots, Junior Mints, Charleston Chew, Sugar Daddy, among many other brands.

Recent 10-Year Financial Summary
Revenue: Increased 4%, with 5 declining years
EPS: Increased 42%, with 2 declining years
BV: Increased 27%, with 1 declining year
FCF: Decreased -42%, with 5 declining years
Share Count: Decreased -13%
Dividend: Increased 46%, with 1 declining year

To value the business at their current market price the company would need more than a 14% per year growth for the next 10-years

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=98677&owner=exclude

ABB – ABB LTD (HQ: Switzerland/Industry: Electrical Equipment)
ABB is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels.

Recent 10-Year Financial Summary
Revenue: Decreased -26%, with 5 declining years
EPS: Increased 91%, with 6 declining years
BV: Decreased -3%, with 6 declining years
FCF: Increased 1%, with 5 declining years
Share Count: Decreased -12%
Dividend: Increased 24%, with 3 declining years

To value the business at their 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=1091587&owner=exclude

CE – CELANESE CORPORATION (HQ: USA/Industry: Chemicals)
Celanese is a global chemical and specialty materials company. The company is a leading global producer of high performance engineered polymers that are used in a variety of high-value applications, as well as one of the world’s largest producers of acetyl products, which are intermediate chemicals for nearly all major industries. As a recognized innovator in the chemicals industry, the company engineers and manufactures a wide variety of products essential to everyday living.

Recent 10-Year Financial Summary
Revenue: Increased 33%, with 5 declining years
EPS: Increased 624%, with 5 declining years
BV: Increased 235%, with 3 declining years
FCF: Increased 313%, with 5 declining years
Share Count: Decreased -30%
Dividend: Increased 907%, with 0 declining years

To value the business at their current market price the company would need more than a 9% per year growth for the next 10-years

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=1306830&owner=exclude

ACA – ARCOSA, INC. (HQ: USA/Industry: Construction & Engineering)
Arcosa, and its subsidiaries, are providers of infrastructure-related products and solutions with leading brands serving construction, engineered structures, and transportation markets in North America. The company serves a broad spectrum of infrastructure-related markets and is strategically focused on driving organic and disciplined acquisition growth to capitalize on the fragmented nature of many of the industries in which it operates in.

Recent 7-Year Financial Summary
Revenue: Decreased -5%, with 5 declining years
EPS: Decreased -49%, with 7 declining years
BV: Increased 39%, with 2 declining years
FCF: Decreased -60%, with 7 declining years
Share Count: Increased 2%
Company recently began paying a dividend

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

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=1739445&owner=exclude

*Growth Grade is an indicator of a company’s growth potential, refer to the Terminology page for a full description.
**Industry averages based on the stocks that have been valued on the website and not for all stocks in an industry.
***Company business descriptions are mainly quoted from there recent 10-K/20-F filing with the SEC, refer to the filing for additional information.

Intrinsic values provided are intended as reference only. They should never be used as the sole means of valuing a company and/or making investment decisions. As with any investment, an investor should perform their due diligence before investing. This includes understand the investment risks, reviewing financial reporting documents, and consult an investment professional if necessary.

Copyright (C) 2022 Intrinsic Value Index. All rights reserved.