LBTYA – LIBERTY GLOBAL PLC (HQ: United Kingdom/Industry: Diversified Telecommunication Services)
52 Week Lo/Hi Price: 22.72 / 30.58
Previous Closing Price: 22.76
Margin of Safety Intrinsic Value Price: 24.92

10-Year Financial Summary (Recent/Average)
Revenue: $10.3B/$13.8B, with 5 declining years and -13.9% YoY decrease
EPS (USD): 23.59/3.03, with 4 declining years
BV (USD): 49.13/16.61, with 4 declining years and 117.8% YoY growth
FCF: $2.1B/$2.8B, with 3 declining years and -24.5% YoY decrease
Company does not pay a dividend
Share Count: Decreased -5%

The stock is trading below its margin of safety intrinsic value by 9%

POOL – POOL CORPORATION (HQ: USA/Industry: Distributors)
52 Week Lo/Hi Price: 401.51 / 582.27
Previous Closing Price: 405.22
Margin of Safety Intrinsic Value Price: 99.01

10-Year Financial Summary (Recent/Average)
Revenue: $5.3B/$2.9B, with 0 declining years and 34.5% YoY growth
EPS (USD): 15.97/5.40, with 0 declining years and 78% YoY growth
BV (USD): 24.51/9.60, with 3 declining years and 67.3% YoY growth
FCF: $276M/$168M, with 3 declining years and -26.6% YoY decrease
Dividend: Increased 381%, with 0 declining years
Share Count: Decreased -17%

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

TREX – TREX COMPANY, INC. (HQ: USA/Industry: Building Products)
52 Week Lo/Hi Price: 55.66 / 140.98
Previous Closing Price: 58.19
Margin of Safety Intrinsic Value Price: 14.59

10-Year Financial Summary (Recent/Average)
Revenue: $1.2B/$604M, with 0 declining years and 35.9% YoY growth
EPS (USD): 1.80/0.80, with 0 declining years and 19.2% YoY growth
BV (USD): 6.26/2.33, with 1 declining year and 33.2% YoY growth
FCF: $99M/$63M, with 4 declining years and 607.1% YoY growth
Company does not pay a dividend
Share Count: Decreased -15%

To value the business at the current market price the company would need more than a 28% per year growth for the next 10-years

OII – OCEANEERING INTERNATIONAL, INC. (HQ: USA/Industry: Energy Equipment & Services)
52 Week Lo/Hi Price: 10.22 / 18.20
Previous Closing Price: 11.33
Margin of Safety Intrinsic Value Price: 5.95

10-Year Financial Summary (Recent/Average)
Revenue: $1.9B/$2.5B, with 5 declining years and 2.2% YoY growth
EPS (USD): -0.49/0.32, with 5 declining years and currant year being negative
BV (USD): 5.44/14.22, with 7 declining years and -2.3% YoY decrease
FCF: $175M/$144M, with 3 declining years and 130.3% YoY growth
Company did not pay a dividend last year
Share Count: Decreased -8%

The stock is fairly valued but only takes into account a 58% margin of safety when ideally it should be 55%

UNIT – UNITI GROUP INC. (HQ: USA/Industry: Equity Real Estate Investment Trusts (REITs))
52 Week Lo/Hi Price: 10.25 / 14.60
Previous Closing Price: 12.39
Margin of Safety Intrinsic Value Price: 5.25

9-Year Financial Summary (Recent/Average)
Revenue: $1.1B/$675M, with 3 declining years and 3.2% YoY growth
EPS (USD): 0.51/-0.30, with 6 declining years
BV (USD): -9.10/-8.36, with 4 declining years and currant year being negative
FCF: $113M/$142M, with 4 declining years
Dividend: Decreased -75%, with 2 declining years
Share Count: Increased 76%

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