TMO – THERMO FISHER SCIENTIFIC INC. (HQ: USA/Industry: Life Sciences Tools & Services)
Thermo Fisher Scientific is the world leader in serving science. With a mission to enable its customers to make the world healthier, cleaner and safer. By serving customers working in pharmaceutical and biotech companies, hospitals and clinical diagnostic labs, universities, research institutions and government agencies, as well as environmental, industrial quality and process control settings.

Recent 10-Year Financial Summary
Revenue: Increased 213%, with 0 declining years
EPS: Increased 506%, with 1 declining year
BV: Increased 127%, with 0 declining years
FCF: Increased 294%, with 1 declining year
Share Count: Increased 8%
Dividend: Increased 93%, with 1 declining year

To value the business at their current market price the company would need more than a 22% per year growth for the next 10-years

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=97745&owner=exclude

LHX – L3HARRIS TECHNOLOGIES, INC. (HQ: USA/Industry: Aerospace & Defense)
L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. Providing advanced defense and commercial technologies across space, air, land, sea and cyber domains. By supporting government and commercial customers in more than 100 countries, with its largest customers being various departments and agencies of the U.S. Government and their prime contractors.

Recent 10-Year Financial Summary
Revenue: Increased 227%, with 5 declining years
EPS: Increased 3396%, with 4 declining years
FCF: Increased 279%, with 3 declining years
Share Count: Increased 78%
Dividend: Increased 234%, with 0 declining years

To value the business at their current market price the company would need more than a 18% per year growth for the next 10-years

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=202058&owner=exclude

FLO – FLOWERS FOODS, INC. (HQ: USA/Industry: Food Products)
Flowers Foods is the second-largest producer and marketer of packaged bakery foods in the United States.  Its principal products include breads, buns, rolls, snack cakes, and tortillas and are sold under a variety of brand names, including Nature’s Own, Dave’s Killer Bread, Wonder, Canyon Bakehouse, Tastykake, and Mrs. Freshley’s.  With the brands being among the best known in the baking industry.

Recent 10-Year Financial Summary
Revenue: Increased 42%, with 3 declining years
EPS: Increased 47%, with 4 declining years
BV: Increased 61%, with 1 declining year
FCF: Decreased -11%, with 4 declining years
Share Count: Increased 2%
Dividend: Increased 98%, with 1 declining year

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

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=1128928&owner=exclude

CEIX – CONSOL ENERGY INC. (HQ: USA/Industry: Oil, Gas & Consumable Fuels)
Consol Energy is a leading, low-cost producer of high-quality bituminous coal, focused on the extraction and preparation of coal in the Appalachian Basin due to its ability to efficiently produce and deliver large volumes of high-quality coal at competitive prices, the strategic mine locations and the industry experience of the company’s management team.

Recent 8-Year Financial Summary
Revenue: Decreased -25%, with 4 declining years
EPS: Decreased -91%, with 4 declining years
BV: Decreased -40%, with 2 declining years
FCF: Decreased -11%, with 4 declining years
Share Count: Increased 25%
Company does not pay a dividend

The stock currently trades at affair value but it does not take into account a sufficient margin of safety

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=1710366&owner=exclude

OPBK – OP BANCORP (HQ: USA/Industry: Thrifts & Mortgage Finance)
OP Bancorp is a bank holding company offering commercial banking services to small and medium-sized businesses, their owners and retail customers with a focus on the Korean-American community. Believing in providing customers with a high degree of service, convenience and the financial products they need to achieve their financial objectives, by offering a customer-oriented product mix, competitive pricing, and convenient locations.

Recent 10-Year Financial Summary
Revenue: Increased 492%, with 0 declining years
EPS: Increased 176%, with 3 declining years
BV: Increased 193%, with 2 declining years
FCF: Decreased 480%, with 6 declining years
Share Count: Increased 114%
The company only recently began paying a dividend

To value the business at their current market price the company would need more than a 20% per year growth for the next 10-years

SEC filing link: https://www.sec.gov/edgar/browse/?CIK=1722010&owner=exclude