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Besides their low price to book ratios, some of these assets have additional factors in their favor. For instance, Blair Corp. is rated "A" (highest) by Charles Schwab for year-ahead performance. "Value Line" also includes it among its recent "Bargain Basement" screen stocks, with a price to net working capital ratio below one.
All of the cited assets are micro-cap. or small-cap., which in the long run have tended to outperform large-cap. stocks.
CPAC, Inc., has a dividend more than 2/3 the yield of the average Aaa (or AAA) corporate bond (another Benjamin Graham value criterion).
While past performance is no guarantee of future returns, over many decades Graham and his associates found that the compound average annual appreciation of such stocks, held generally until their price to value was one or above, was 15% or better.
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