Stocks trading below their Graham intrinsic value (Oct 2026)
U.S. stocks priced below Benjamin Graham's intrinsic value formula, ranked by upside. Built from 10-K earnings on SEC EDGAR and end-of-day prices.
Updated October 18, 2026 · 100 stocks
| Ticker | Company | Upside to Graham value | Price | Graham value | Price vs value | Market cap | ROIC (10y) | Revenue CAGR |
|---|---|---|---|---|---|---|---|---|
| MHO | M/I HOMES, INC. | +293% | $124.48 | $489.60 | 75% below | $3.4B | 18.2% | 11.3% |
| OMF | OneMain Holdings, Inc. | +289% | $55.95 | $217.89 | 74% below | $6.7B | 3.2% | -0.1% |
| GRBK | Green Brick Partners, Inc. | +284% | $61.17 | $234.83 | 74% below | $2.7B | 14.9% | 20.9% |
| ACGL | Arch Capital Group | +280% | $101.27 | $385.30 | 74% below | $38.1B | 14.8% | 18.1% |
| MLI | MUELLER INDUSTRIES INC | +279% | $60.07 | $227.86 | 74% below | $6.7B | 29.4% | 8.2% |
| RVRF | River Financial Corp | +277% | $47.00 | $177.12 | 73% below | $368.0M | 12.1% | 21.6% |
| VTOL | Bristow Group Inc. | +271% | $38.64 | $143.49 | 73% below | $1.2B | 0.7% | 22.1% |
| SRTA | Strata Critical Medical, Inc. | +266% | $4.54 | $16.61 | 73% below | $372.7M | 168.1% | 36.0% |
| GPK | GRAPHIC PACKAGING HOLDING CO | +265% | $8.57 | $31.28 | 73% below | $2.6B | 9.3% | 8.0% |
| CRTO | Criteo S.A. | +264% | $15.34 | $55.80 | 73% below | $840.5M | 14.4% | 0.9% |
| LAD | LITHIA MOTORS INC | +264% | $295.14 | $1,073.53 | 73% below | $7.5B | 13.5% | 17.7% |
| OSPN | OneSpan Inc. | +257% | $17.50 | $62.45 | 72% below | $680.4M | 1.1% | 2.6% |
| ECPG | ENCORE CAPITAL GROUP INC | +256% | $101.68 | $362.38 | 72% below | $2.4B | 6.9% | 0.8% |
| MTDR | Matador Resources Co | +252% | $57.52 | $202.28 | 72% below | $7.2B | 13.3% | 33.9% |
| CRK | COMSTOCK RESOURCES INC | +239% | $14.00 | $47.50 | 71% below | $4.1B | 7.6% | 38.0% |
| TOL | Toll Brothers, Inc. | +235% | $133.70 | $448.08 | 70% below | $13.3B | 15.2% | 45.5% |
| ORRF | ORRSTOWN FINANCIAL SERVICES INC | +233% | $41.66 | $138.84 | 70% below | $806.3M | 11.2% | 38.9% |
| UPWK | UPWORK, INC | +231% | $8.43 | $27.90 | 70% below | $1.2B | 2.3% | 19.0% |
| HIG | Hartford (The) | +227% | $135.12 | $442.43 | 69% below | $38.7B | 8.3% | -24.2% |
| PPC | PILGRIMS PRIDE CORP | +226% | $29.43 | $95.96 | 69% below | $7.0B | 14.4% | 7.2% |
| PHM | PulteGroup | +225% | $113.55 | $369.36 | 69% below | $22.7B | 24.5% | 9.5% |
| EG | Everest Group | +223% | $389.10 | $1,255.55 | 69% below | $16.2B | 10.1% | 13.1% |
| NBR | NABORS INDUSTRIES LTD | +218% | $78.20 | $249.05 | 69% below | $1.1B | 3.3% | 4.0% |
| FOR | Forestar Group Inc. | +218% | $25.67 | $81.63 | 69% below | $1.3B | 10.5% | 25.7% |
| PYPL | PayPal | +217% | $56.70 | $179.70 | 68% below | $54.9B | 15.6% | 13.2% |
| MCY | MERCURY GENERAL CORP | +216% | $102.80 | $324.52 | 68% below | $5.7B | 9.8% | -40.6% |
| ASO | Academy Sports & Outdoors, Inc. | +214% | $58.63 | $184.01 | 68% below | $4.0B | 17.5% | 3.4% |
| PRKS | United Parks & Resorts Inc. | +213% | $32.43 | $101.64 | 68% below | $1.8B | 9.9% | 2.4% |
| AGCO | AGCO CORP /DE | +212% | $103.72 | $323.85 | 68% below | $7.7B | 11.6% | 3.5% |
| IMXI | International Money Express, Inc. | +211% | $10.30 | $32.05 | 68% below | $310.9M | 28.8% | 12.1% |
| BAH | Booz Allen Hamilton Holding Corp | +209% | $74.26 | $229.19 | 68% below | $9.1B | 19.9% | 7.6% |
| SPH | SUBURBAN PROPANE PARTNERS LP | +208% | $17.48 | $53.81 | 68% below | $1.1B | — | 3.5% |
| ESNT | Essent Group Ltd. | +206% | $64.70 | $198.23 | 67% below | $6.5B | 17.1% | 11.9% |
| KMPB | KEMPER Corp | +206% | $24.82 | $76.06 | 67% below | $1.6B | 3.3% | 7.4% |
| SUI | SUN COMMUNITIES INC | +205% | $118.08 | $360.06 | 67% below | $14.7B | 4.5% | 15.7% |
| MKL | MARKEL GROUP INC. | +204% | $1,850.13 | $5,620.76 | 67% below | $23.4B | 10.2% | 31.6% |
| FSUN | FIRSTSUN CAPITAL BANCORP | +204% | $37.95 | $115.26 | 67% below | $1.1B | 8.9% | 7.9% |
| VIRT | Virtu Financial, Inc. | +200% | $56.84 | $170.40 | 67% below | $4.8B | 12.5% | 57.5% |
| CALM | CAL-MAINE FOODS INC | +199% | $63.65 | $190.59 | 67% below | $3.0B | 16.4% | 11.7% |
| TGLS | Tecnoglass Inc. | +199% | $37.98 | $113.60 | 67% below | $1.8B | 22.7% | 13.9% |
| POWL | POWELL INDUSTRIES INC | +199% | $165.14 | $493.59 | 67% below | $2.0B | 24.5% | 7.7% |
| LDOS | Leidos | +196% | $124.85 | $370.02 | 66% below | $16.2B | 9.2% | 14.5% |
| SAFE | Safehold Inc. | +196% | $11.34 | $33.61 | 66% below | $814.1M | 2.1% | -2.3% |
| BFST | Business First Bancshares, Inc. | +196% | $31.31 | $92.67 | 66% below | $925.1M | 10.3% | 20.3% |
| CINF | Cincinnati Financial | +194% | $171.25 | $503.88 | 66% below | $27.0B | 13.1% | 9.8% |
| RYN | RAYONIER INC | +194% | $18.99 | $55.84 | 66% below | $3.0B | 6.7% | -5.6% |
| PGR | Progressive Corporation | +192% | $218.49 | $638.74 | 66% below | $128.5B | 25.9% | 15.8% |
| SF | STIFEL FINANCIAL CORP | +189% | $67.56 | $194.98 | 65% below | $7.4B | 14.4% | 4.0% |
| PARR | PAR PACIFIC HOLDINGS, INC. | +185% | $83.42 | $237.82 | 65% below | $4.3B | 11.3% | 16.7% |
| UVE | UNIVERSAL INSURANCE HOLDINGS, INC. | +184% | $47.12 | $133.59 | 65% below | $1.4B | 53.2% | 9.9% |
| ZION | ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ | +183% | $63.37 | $179.61 | 65% below | $9.3B | 8.6% | 42.6% |
| CYH | COMMUNITY HEALTH SYSTEMS INC | +182% | $2.88 | $8.13 | 65% below | $388.8M | 4.1% | -4.2% |
| LNG | Cheniere Energy, Inc. | +177% | $289.43 | $801.49 | 64% below | $63.8B | 13.9% | 35.3% |
| DHI | D. R. Horton | +176% | $139.39 | $384.31 | 64% below | $43.2B | 20.6% | 12.2% |
| PLAB | PHOTRONICS INC | +175% | $27.52 | $75.73 | 64% below | $1.6B | 16.2% | 6.5% |
| RM | Regional Management Corp. | +174% | $34.37 | $94.06 | 63% below | $343.2M | 3.5% | 11.6% |
| FSLR | First Solar | +173% | $172.64 | $471.99 | 63% below | $18.6B | 6.4% | 6.7% |
| DECK | Deckers Brands | +172% | $85.71 | $233.17 | 63% below | $12.5B | 60.5% | 13.2% |
| SFM | Sprouts Farmers Market, Inc. | +170% | $65.20 | $176.38 | 63% below | $6.4B | 15.5% | 12.8% |
| AZZ | AZZ INC | +169% | $129.56 | $348.76 | 63% below | $3.9B | 8.8% | 7.5% |
| PRI | Primerica, Inc. | +169% | $282.64 | $760.97 | 63% below | $9.2B | 22.7% | 9.0% |
| LPG | DORIAN LPG LTD. | +166% | $53.60 | $142.81 | 62% below | $2.3B | 6.6% | 12.4% |
| OII | OCEANEERING INTERNATIONAL INC | +165% | $43.79 | $115.92 | 62% below | $4.4B | 1.6% | 1.7% |
| UHS | Universal Health Services | +164% | $185.10 | $488.27 | 62% below | $11.9B | 10.0% | 6.6% |
| CTVA | Corteva | +163% | $12.88 | $33.82 | 62% below | $8.8B | 2.4% | 2.9% |
| AXS | AXIS CAPITAL HOLDINGS LTD | +162% | $99.63 | $261.05 | 62% below | $7.9B | 6.5% | 5.6% |
| BIO | BIO-RAD LABORATORIES, INC. | +162% | $353.70 | $925.06 | 62% below | $9.6B | 2.4% | 2.5% |
| FBP | FIRST BANCORP /PR/ | +161% | $27.37 | $71.41 | 62% below | $4.4B | 13.2% | 4.5% |
| GTBIF | Green Thumb Industries Inc. | +161% | $6.11 | $15.94 | 62% below | $1.4B | 2.4% | 52.1% |
| AMPH | Amphastar Pharmaceuticals, Inc. | +161% | $25.87 | $67.43 | 62% below | $1.2B | 8.3% | 12.2% |
| ITRI | ITRON, INC. | +160% | $83.04 | $215.90 | 62% below | $3.8B | 4.8% | 1.8% |
| KMPR | KEMPER Corp | +160% | $29.27 | $76.06 | 62% below | $1.8B | 3.3% | 7.4% |
| ENR | ENERGIZER HOLDINGS, INC. | +159% | $21.70 | $56.20 | 61% below | $1.6B | 7.5% | 6.8% |
| THG | HANOVER INSURANCE GROUP, INC. | +159% | $232.97 | $603.20 | 61% below | $8.5B | 11.4% | 3.2% |
| BPOP | POPULAR, INC. | +157% | $158.89 | $408.55 | 61% below | $10.7B | 9.6% | 6.7% |
| RDN | RADIAN GROUP INC | +157% | $34.04 | $87.51 | 61% below | $4.8B | 7.0% | -0.4% |
| HOVVB | HOVNANIAN ENTERPRISES INC | +154% | $97.00 | $246.79 | 61% below | $668.5M | 6.2% | 0.9% |
| HOV | HOVNANIAN ENTERPRISES INC | +154% | $97.27 | $246.79 | 61% below | $670.4M | 6.2% | 0.9% |
| UPBD | UPBOUND GROUP, INC. | +154% | $16.37 | $41.52 | 61% below | $959.5M | 14.1% | 5.2% |
| TRS | TRIMAS CORP | +153% | $38.75 | $97.99 | 60% below | $1.6B | 4.5% | -2.3% |
| VICI | Vici Properties | +152% | $23.60 | $59.58 | 60% below | $25.1B | 5.5% | 46.6% |
| ZTS | Zoetis | +152% | $79.38 | $199.96 | 60% below | $35.2B | 22.9% | 7.6% |
| SSRGF | SSR MINING INC. | +151% | $24.50 | $61.45 | 60% below | $5.3B | 4.8% | 17.6% |
| IIPR | INNOVATIVE INDUSTRIAL PROPERTIES INC | +149% | $52.39 | $130.54 | 60% below | $1.5B | 6.3% | 59.3% |
| PRTH | Priority Technology Holdings, Inc. | +149% | $7.82 | $19.47 | 60% below | $637.1M | 64.2% | 12.0% |
| EBF | ENNIS, INC. | +147% | $22.36 | $55.14 | 59% below | $574.5M | 14.8% | 1.1% |
| CF | CF Industries | +146% | $120.85 | $297.94 | 59% below | $19.6B | 17.2% | 7.5% |
| NVR | NVR, Inc. | +145% | $5,919.82 | $14,500.31 | 59% below | $18.2B | 39.8% | 6.6% |
| TBB | AT&T INC. | +145% | $18.12 | $44.32 | 59% below | $130.1B | 5.7% | -2.9% |
| TTD | Trade Desk (The) | +144% | $12.23 | $29.89 | 59% below | $6.0B | 17.6% | 34.4% |
| WTFC | WINTRUST FINANCIAL CORP | +142% | $144.08 | $348.37 | 59% below | $9.8B | 11.1% | 36.2% |
| OTTR | Otter Tail Corp | +141% | $90.13 | $217.56 | 59% below | $3.8B | 11.0% | 5.5% |
| LRN | Stride, Inc. | +140% | $82.39 | $197.63 | 58% below | $4.0B | 9.5% | 11.9% |
| MTG | MGIC INVESTMENT CORP | +138% | $27.85 | $66.37 | 58% below | $6.5B | 12.8% | 1.5% |
| PRDO | PERDOCEO EDUCATION Corp | +138% | $33.73 | $80.38 | 58% below | $2.2B | 19.6% | 2.1% |
| ACM | AECOM | +137% | $58.94 | $139.84 | 58% below | $7.9B | 10.2% | -0.8% |
| HRMY | Harmony Biosciences Holdings, Inc. | +137% | $37.95 | $90.01 | 58% below | $2.2B | 45.8% | 129.2% |
| DRVN | Driven Brands Holdings Inc. | +137% | $11.92 | $28.23 | 58% below | $2.0B | 1.4% | 20.8% |
| SIGI | SELECTIVE INSURANCE GROUP INC | +136% | $89.16 | $210.01 | 58% below | $5.4B | 9.1% | 9.9% |
| CNX | CNX Resources Corp | +134% | $35.91 | $84.13 | 57% below | $5.8B | 2.5% | 1.1% |
Method. Graham value uses his revised formula V = EPS × (8.5 + 2g) × 4.4 / Y on SEC-reported diluted EPS, with growth capped at 15% and Y the AAA corporate bond yield. Included: at least 8 years of filings, positive EPS, positive 10-year average ROIC, market cap above $300M. Upside above 300% is excluded as a likely data outlier. Formula outputs are a starting point for research, not investment advice.
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