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41/100
26Buffett
Live Nation Entertainment: A Long-Term Business Owner's Perspective
The world's largest live entertainment company; 2025 revenue of $25.2 billion serving 159 million live attendees; Concerts runs on thin margins while Ticketing/Sponsorship are high-margin, but antitrust is eroding the flywheel and the valuation sits at the optimistic ceiling. Rating Watch, ideal buy $60-80.
43/100
81Buffett
EMCOR Group: A Value-Investing Deep Dive
One of the largest U.S. specialty mechanical and electrical contractors, with 2025 revenue of $16.986 billion, free cash flow of $1.189 billion, and a near-net-cash balance sheet. But at $861.41 the stock carries a TTM P/E of about 29 and P/FCF of about 32, while the optimistic DCF ceiling sits at $850 — the margin of safety is already gone. Rating: Watch; ideal buy zone $400–550.
41/100
81Buffett
D.R. Horton Deep-Dive Value Investing Research
One of the largest new-home builders in the U.S.; in fiscal 2025 homebuilding contributed 92% of revenue and DHI Mortgage financed 81% of mortgages. At $145.6 the stock trades at 13.7x PE and 1.76x PB, neither cheap nor down to the conservative value of $80-95. Rating Watch; ideal buy $90-110.
Bowei New Materials: A Value-Investing Deep Dive
A maker of high-end electronic metal powder materials, lead drafter of the "Capacitor Electrode Nickel Powder" industry standard, with genuine technical barriers; but at 165.8 yuan the stock trades at roughly 172x trailing PE and 24x PB, while the upper bound of the optimistic DCF case is only 50 yuan, a 232% premium. Rating Avoid: a real technology paired with a bad price, with an ideal buy range of 7-12 yuan.
48/100
Block Investment Research Report
Block is a dual-engine fintech platform built around merchant-side Square and consumer-side Cash App, with 2025 GPV of $250 billion and 59 million Cash App MAUs. At the current $69.17 share price, the stock implies roughly 22 to 26 times conservative owner earnings, while the ideal buy range is $45 to $55, leaving an insufficient margin of safety. Research rating Watch: a business that is improving, but not yet offered at a price conservative long-term investors can buy without discipline.
44/100
78Buffett
Yum! Brands: A Deep Dive from a Long-Term Business Owner's Perspective
A global, franchise-led brand platform of roughly 63,000 restaurants (KFC/Taco Bell/Pizza Hut), with 97% of stores franchised. Conservative Owner Earnings of $1.75 billion map to a neutral value range of $140-160, and today's $154 sits near the upper edge of fair value. Rating: Watch, a good business at a price that is not restrained enough.
41/100
Ventas: A Value Investing Deep Dive
A U.S. healthcare and senior housing REIT with 1,409 properties; SHOP same-store NOI grew +15.4% year over year with occupancy at 90.4%. On a conservative Owner Earnings basis the yield is only 3.4%, and the current $88.37 sits at the upper edge of the optimistic range.
40/100
22Buffett
PEG Long-Term Value Investment Report
New Jersey's leading regulated electric-and-gas utility, plus 3,758 MW of nuclear power capacity; conservative Owner Earnings of $1.87 billion imply roughly 21-22x OE, and the current price of $80.07 sits near the top of the fair-value range, with no clear margin of safety.
42/100
67Buffett
State Street Corporation: In-Depth Value Investing Research
The world's second-largest custodian bank, with AUC/A of $53.8 trillion and AUM of $5.67 trillion; conservative owner earnings of $2.7 billion imply 16-17x OE, and at the current $158.49 the stock trades at a discount to the base case but offers almost no margin of safety against the conservative case.
39/100
70Buffett
Kroger Deep Value Investment Research
Leading U.S. food retailer with normalized Owner Earnings of about $2.9 billion ($4.70/share); at the current price of $66.44 the stock trades at roughly 14x P/OE. Rating Watch: the moat is moderate, governance needs rebuilding after the failed Albertsons merger, and the margin of safety is not thick.
39/100
62Buffett
Jabil Inc.: An In-Depth Value Investing Analysis
A global EMS leader riding the AI/cloud infrastructure boom, with FY2026 Cloud & Data Center revenue guided up 41% year over year. At the current price of $380.25, the stock trades at about 51x trailing PE with an Owner Earnings yield of only 3.0%-3.6%, below the 10-year Treasury yield. Rating Watch: a strong operator in a thin-margin industry, priced with no margin of safety.
50/100
86Buffett
MSCI Investment Research Report
MSCI is a global oligopoly in indexes and investment analytics, with a 2025 Index segment EBITDA margin of 76%. At $588.52, roughly 30x P/FCF and 3.2x EBITDA leverage, the ideal buy range is $380-440 and the margin of safety for new capital is thin. Research rating Watch: a high-quality compounder, but the current price already asks for a lot of future growth.
43/100
84Buffett
The Hershey Company: A Deep-Dive Value Investing Study
North America's chocolate and confectionery leader, with deep brands and strong pricing power, yet at $191.12 the stock already sits in the neutral-to-optimistic range. A conservative Owner Earnings yield of 4.6% offers only a thin risk premium over the 4.56% 10-year Treasury, so the margin of safety is inadequate. Rating: Watch.
35/100
Consolidated Edison: A Long-Term Business Owner's View
The leading regulated electric, gas, and steam utility serving the New York metro area, with a sturdy franchise and a deep moat, yet at the current 107.70 dollars the stock already sits near the top of its fair-value range; a 3.3% dividend yield trailing the 4.56% 10-year Treasury leaves little visible margin of safety. Rating Watch: a high-quality but capital-intensive city utility whose returns are capped by regulation, where today's price looks holdable rather than a deeply undervalued bargain.
44/100
54Buffett
Wabtec: A Long-Term Business-Owner's Analysis
A rail-equipment, aftermarket, and digital platform business built on an installed base of ~24,600 locomotives; operating margin rose from 9.9% in 2020 to 16.1% in 2025, but at about $201 and roughly 28.5x PE the stock already pays a premium for quality. Rating: Watch.
42/100
onsemi: A Research Report Through the Lens of a Long-Term Business Owner
A power/analog/intelligent-sensing semiconductor maker with SiC vertical integration and automotive/industrial exposure; the 2025 cyclical trough has already appeared, but at today's $127 — roughly 55x conservative Owner Earnings — the recovery is already fully priced in. Rating Watch: the quality is worth tracking, but a new purchase lacks a margin of safety at this price.
43/100
HPE: An Investment Analysis Through a Long-Term Business Owner's Lens
A hybrid of servers, storage, networking, and financial services; the Juniper acquisition strengthens networking, but a $1.621 billion impairment plus $29.9 billion of goodwill/intangibles exceeding shareholder equity leaves the $38.35 price already near the top of the optimistic range.
47/100
95Buffett
Garmin Ltd. Deep Value Investment Research
Garmin is a multi-category professional hardware platform spanning Fitness, Outdoor, Marine, Aviation, and Auto OEM, backed by zero long-term debt and $4.1 billion of net cash. The core thesis is that the business is high quality, cash-generative, and conservatively run, but the current price of $238.53, at roughly 27x P/E, already discounts much of that quality. Research rating Watch: a durable compounder worth tracking closely, but not a clear value opportunity at today's price.
39/100
Fifth Third Bancorp: A Long-Term Business Owner's Perspective
The 9th-largest U.S. bank after its Comerica merger, with commercial payments and wealth management outperforming a typical rate-spread regional lender. At about $49.5 per share (roughly 1.4x P/B, 2.2x P/TBV), the price already front-loads merger synergies that have not yet been proven. Rating Watch: a solid bank, but not one priced with much room for error.
48/100
91Buffett
Edwards Lifesciences In-Depth Value Research
Edwards Lifesciences is a focused structural-heart device platform built around TAVR and TMTT, with long-term gross margins above 80% and a net-cash balance sheet. The core thesis is positive on business quality but cautious on price, because PE of 46.6x and P/FCF of 38x already discount many years of strong execution. Research rating Watch: a high-quality compounder worth close tracking, but not yet offering enough margin of safety.
43/100
18Buffett
Delta Air Lines: A Deep-Dive Value Investing Analysis
One of the highest-quality legacy U.S. carriers, built into the 'top student in a bad industry' through premium cabins, SkyMiles, and the American Express co-brand card. Its core weakness is the industry itself, where long-run ROIC sits below the cost of capital, so quality does not equal safety. At roughly $79.39 the stock trades near the upper end of fair value with a thin margin of safety — Rating: Watch.
45/100
85Buffett
Rockwell Automation: An In-Depth Value Investing Analysis
North American industrial automation leader whose Software & Control segment is 29% of revenue yet contributes 42% of operating profit. At around $434 the stock sits well above the top of its fair-value range, with an ideal buy zone of $210-260. Rating Watch: a high-quality business, but today's price pays too much for it.
42/100
Realty Income: A Deep Value-Investing Study
The world's sixth-largest REIT, with 15,571 properties and a 98.9% occupancy rate. At roughly $62 the stock sits in the upper-middle of its fair-value range, above the $48-55 ideal buy zone; quality is high but the margin of safety is thin. Rating Watch: the issue is not the company's quality but its price.
41/100
58Buffett
Nucor Corporation Investment Research Report
U.S. electric-arc-furnace steel leader; Q1 2026 net income attributable to shareholders rebounded to $743 million; at $240 the stock is already near the optimistic range, with an ideal buy at $140–175; a good company in a bad industry.