Houston Wire & Cable Company (NASDAQ:HWCC)

blesto (31.11) Submitted: 8/18/2012 8:59:52 PM : Start Price: $12.98 HWCC Score: -18.37

Made an outperform pick on 6/6/2011 with a current start price adjusted for dividends of $13.39
A steady dividend at that, currently at a 3% annual yield. A payout ratio of 39% seems very sustainable.
Anyway, using;
http://wiki.fool.com/The_Graham_Number
Formula: Fair value=Sqrt(22.5*EPS*BV) I expanded it a little by also using EPS Normalized and Tangible BV
My current Graham Number Valuation Range for HWCC: $9.56 to $10.95
I'm into the negative with this one, but they're a well run company. With a steady divi and any market rally may get me back into positive points yet again.
Plus it's a Jason Moser TMFJMo's Real-Money Stock Picks portfolio pick. :-)
http://www.fool.com/specials/realmoneyports/real-money-portfolios-jason-moser.aspx?source=irnsitlnk0000001
http://www.fool.com/investing/small-cap/2010/12/20/rising-star-buy-houston-wire-and-cable-company.aspx?source=irnsitlnk0000001