Ideas · Growth at a Graham discount
Growth names still under Graham Number — week 2026-W39
Reasonable PEG / solid ROIC names where price is still below the Graham intrinsic estimate — growth without paying full fantasy multiples.
| Ticker | Price | Graham IV | MOS | ROIC 10y |
|---|---|---|---|---|
| SF | $70.35 | $83.87 | 16.1% | 14.6% |
| RUSHA | $47.97 | $57.33 | 16.3% | 12.4% |
| TSCO | $32.27 | $43.54 | 25.9% | 53.1% |
SF
STIFEL FINANCIAL CORP
- Trades at $70.35 vs Graham intrinsic $83.87 → ~16% margin of safety on the formula.
- 10-year average ROIC about 14.6%.
- 10-year average ROE about 11.4%.
- Revenue CAGR (10y) about 4.0%.
- Yield on retained capital ≈ 18.0%.
RUSHA
RUSH ENTERPRISES INC \TX\
- Trades at $47.97 vs Graham intrinsic $57.33 → ~16% margin of safety on the formula.
- 10-year average ROIC about 12.4%.
- 10-year average ROE about 14.7%.
- Revenue CAGR (10y) about 5.9%.
- Yield on retained capital ≈ 21.8%.
TSCO
TESCO PLC
- Trades at $32.27 vs Graham intrinsic $43.54 → ~26% margin of safety on the formula.
- 10-year average ROIC about 53.1%.
- 10-year average ROE about 42.6%.
- Revenue CAGR (10y) about 9.6%.
- Yield on retained capital ≈ 187.0%.
How this list was built.
Graham intrinsic per share = EPS × (8.5 + 2g) × (4.4 / Y), with Y = 5.1% AAA bond yield default used by Intrinsic Terminal’s screener engine. Growth g is capped in the engine (industrial 8%, tech/cyclical 15%). Names must pass the week’s quality/value preset, then price < Graham IV. Ranked by quality score, then margin of safety % = (Graham − price) / Graham. Plausibility gates: MOS between 12–60%, quality score ≥ 7 (0–10 scale), price ≥ $5, common-share ticker shape. Recently published tickers are excluded.
Educational screen only — not investment advice, not a recommendation to buy or sell. Models can be wrong; always read the filings.