Yahoo Finance Scott Black's Best-Performing Assets of 2016
- By Tiziano Frateschi
Scott Black (Trades, Portfolio) is the chairman, president, chief investment officer and chief compliance officer at Delphi Management Inc. The following are the best performers of his investments.
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The intrinsic value of LRCX
Thor Industries Inc. (THO) with a market cap of $5.26 billion gained 80.4% in 2016. The guru's holding represents 1.49% of his total assets.
The company is engaged in manufacturing recreational vehicles in the U.S. and sells those vehicles in the U.S. and Canada. Its segments are towable recreational vehicles and motorized recreational vehicles.
The price over the last 12 months has risen by 81%, trading now 7.75% below its 52-week high and 110.37% above its 52-week low. The stock is overpriced by 21%, and the DCF calculator gives a fair value of $82.9 as well as the Peter Lynch earnings line that gives a fair value of $81.6.
GuruFocus' profitability and growth rating is 7 out of 10. The return on equity (ROE) of 23.66% and return on assets (ROA) of 14.89% are outperforming 88% of the companies in the Global Recreational Vehicles industry. Financial strength has a rating of 7 out of 10. The cash to debt of 0.48 is a few below the industry median of 0.49.
Chuck Royce (Trades, Portfolio) is the largest shareholder among the gurus with 2.79% of outstanding shares followed by Jim Simons (Trades, Portfolio) with 0.7%, Jeremy Grantham (Trades, Portfolio) with 0.42%, Black with 0.05%, Paul Tudor Jones (Trades, Portfolio) with 0.02% and Mario Gabelli (Trades, Portfolio) with 0.01%.
Microsemi Corp. (MSCC) with a market cap of $52.97 billion gained 65.5% in 2016. The guru's position represents 1.60% of his total assets. Microsemi is a designer, manufacturer and marketer of analog and mixed-signal semiconductor solutions.
Over the last 12 months the price has risen by 71%, trading now 5.84% below its 52-week high and 86.68% above its 52-week low.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10. The ROE of -2.21% and ROA of -0.89% are underperforming 71% of the companies in the Global Semiconductors industry. Financial strength has a rating of 4 out of 10. The cash to debt of 0.09 is below the industry median of 1.57.
The largest shareholder among the gurus is Pioneer Investments (Trades, Portfolio) with 0.8% of outstanding shares followed by Royce with 0.48%, Simons with 0.26%, John Burbank (Trades, Portfolio) with 0.23%, NWQ Managers (Trades, Portfolio) with 0.17% and Joel Greenblatt (Trades, Portfolio) with 0.08%.
Time Warner Inc. (TWX) with a market cap of $74.44 billion gained 51.8% in 2016. The guru's holding is 1.52% of his total assets.
Time Warner is a media and entertainment company. It operates its business in four segments which includes Turner, Home Box Office, Warner Bros. and Time Inc.
The price over the last 12 months has risen by 49%, trading now 0.59% below its 52-week high and 73.83% above its 52-week low. The stock is overpriced by 61%, and the DCF calculator gives a fair value of $59.82. The Peter Lynch earnings line gives a fair value of $83.8.
GuruFocus' profitability and growth rating is 8 out of 10. The ROE of 18.82% and ROA of 7.02% are outperforming 72% of the companies in the Global Media - Diversified industry. Financial strength has a rating of 4 out of 10. The cash to debt of 0.09 is below the industry median of 0.90.
Dodge & Cox is the largest shareholder among the gurus with 4.75% of outstanding shares followed by Manning & Napier Advisors Inc. with 0.74%, Pioneer Investments with 0.6%, David Einhorn (Trades, Portfolio) with 0.5%, Spiros Segalas (Trades, Portfolio) with 0.5% and Gabelli with 0.35%.
CBS Corp. Class B (CBS) with a market cap of $27.34 billion gained 36.4% in 2016. The guru's position represents 1.25% of his total assets. The company operates businesses within the media and entertainment industries including the CBS Television Network, cable networks, content production and distribution, television and radio stations, Internet-based businesses and consumer publishing.
The price over the last 12 months has risen by 36%, trading now 2.26% below its 52-week high and 53.82% above its 52-week low. The stock is overpriced by 63%, and the DCF calculator gives a fair value of $38.95. The Peter Lynch earnings line gives a fair value of $54.6.
GuruFocus gives the stock a profitability and growth rating of 9 out of 10. The ROE of 29.55% and ROA of 6.90% are outperforming 74% of the companies in the Global Media - Diversified industry. Financial strength has a rating of 4 out of 10. The cash to debt of 0.02 is below the industry median of 0.90.
The largest shareholder among the gurus is Larry Robbins (Trades, Portfolio) with 3.14% of outstanding shares followed by HOTCHKIS & WILEY with 0.94%, John Rogers (Trades, Portfolio) with 0.28%, Third Avenue Management (Trades, Portfolio) with 0.2% and Martin Whitman (Trades, Portfolio) with 0.17%.
Union Pacific Corp. (UNP) with a market cap of $85.44 billion gained 35.5% in 2016. The guru's holding represents 1.32% of his total assets.
It is a rail transporting company. Its operating company is Union Pacific Railroad Co. It links 23 states in the Western two-thirds of the country by rail, providing a critical link in the global supply chain.
Over the last 12 months the price has risen by 31%; the stock is trading now 2.76% below its 52-week high and 54.61% above its 52-week low. It is undervalued with a margin of safety of 21%, and the DCF calculator gives a fair value of $131.48. The Peter Lynch earnings line gives a fair value of $75.
GuruFocus gives the stock a profitability and growth rating of 9 out of 10. The ROE of 20.52% and ROA of 7.62% are outperforming 84% of the companies in the Global Railroads industry. Financial strength has a rating of 5 out of 10. The cash to debt of 0.14 is below the industry median of 0.31.
Dodge & Cox is the largest shareholder among the gurus with 1.75% of outstanding shares followed by First Eagle Investment (Trades, Portfolio) with 0.73%, PRIMECAP Management (Trades, Portfolio) with 0.57%, T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.24%, Daniel Loeb (Trades, Portfolio) with 0.15% and Pioneer Investments with 0.13%.
Lam Research Corp. (LRCX) with a market cap of $17.03 billion gained 34.8% in 2016. The guru's position is 1.57% of his total assets. It is a supplier of wafer fabrication equipment and services to the semiconductor industry.
Over the last 12 months the stock has risen by 36% trading now 9.93% below its 52-week high and 305% above its 52-week low. The stock is overpriced by 96%, and the DCF calculator gives a fair value of $53.83. The Peter Lynch earnings line gives a fair value of $75.5.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10. The ROE of 15.50% and ROA of 8.19% are outperforming 81% of the companies in the Global Semiconductor Equipment & Materials industry. Financial strength has a rating of 6 out of 10. The cash to debt of 1.67 is above the industry median of 1.57.
The largest shareholder among the gurus is Lee Ainslie (Trades, Portfolio) with 2.79% of outstanding shares followed by Simons with 0.64%, Pioneer Investments with 0.49%, Ken Heebner (Trades, Portfolio) with 0.33%, RS Investment Management (Trades, Portfolio) with 0.16%, Greenblatt with 0.15%, Stanley Druckenmiller (Trades, Portfolio) with 0.1%, Ray Dalio (Trades, Portfolio) with 0.06% and Royce with 0.04%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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This article first appeared on GuruFocus.
Warning! GuruFocus has detected 3 Warning Sign with LRCX. Click here to check it out.
The intrinsic value of LRCX
