Ideas · Growth at a Graham discount
Growth names still under Graham Number — week 2026-W42
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 |
|---|---|---|---|---|
| ACMR | $53.10 | $122.19 | 56.5% | 14.1% |
| G | $37.26 | $65.40 | 43.0% | 15.6% |
| DECK | $85.71 | $211.61 | 59.5% | 58.3% |
ACMR
ACM Research, Inc.
- Trades at $53.10 vs Graham intrinsic $122.19 → ~56% margin of safety on the formula.
- 10-year average ROIC about 14.1%.
- 10-year average ROE about 5.7%.
- Revenue CAGR (10y) about 47.4%.
- Yield on retained capital ≈ 24.0%.
G
Genpact LTD
- Trades at $37.26 vs Graham intrinsic $65.40 → ~43% margin of safety on the formula.
- 10-year average ROIC about 15.6%.
- 10-year average ROE about 21.2%.
- Revenue CAGR (10y) about 7.9%.
- Yield on retained capital ≈ 29.8%.
DECK
Deckers Brands
- Trades at $85.71 vs Graham intrinsic $211.61 → ~60% margin of safety on the formula.
- 10-year average ROIC about 58.3%.
- 10-year average ROE about 27.8%.
- Revenue CAGR (10y) about 13.2%.
- Yield on retained capital ≈ 70.8%.
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.