The L.S. Starrett Company (NYSE:SCX)

blesto (31.11) Submitted: 8/16/2012 6:51:41 PM : Start Price: $10.36 SCX Score: -36.38

Made outperform pick on 09/16/11
So far up 16.69% vs the S&P up 16.84% for a negative score of -0.15% The dividends help.
I still think there may be more upside and hopefully will outpace the S&P
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(GNVR) for SCX: $20.43 to $24.95

foolfully (59.06) Submitted: 6/8/2012 4:08:57 PM : Start Price: $10.57 SCX Score: -25.60

100

apex1k (28.10) Submitted: 1/23/2011 11:41:09 PM : Start Price: $10.90 SCX Score: -33.74

good value pick, somewhat risky.

Afropuffashion (< 20) Submitted: 3/5/2009 2:06:01 PM : Start Price: $5.31 SCX Score: -49.92

Precision tools are a niche market, good base

natward (89.80) Submitted: 2/15/2009 6:10:59 PM : Start Price: $9.98 SCX Score: -106.49

big movement upward predicted

GLASSMAN47 (98.10) Submitted: 12/16/2008 7:47:01 PM : Start Price: $10.08 SCX Score: -93.10

long term hold

fiberman7 (< 20) Submitted: 12/2/2008 7:33:05 PM : Start Price: $10.08 SCX Score: -93.10

long term hold

Rep07 (28.39) Submitted: 10/9/2008 4:34:03 PM : Start Price: $10.08 SCX Score: -93.10

Value pick: div, low debt, near book, solid.

Sqwii (< 20) Submitted: 6/30/2008 12:43:29 PM : Start Price: $20.14 SCX Score: -81.18

Stock pursuit
LS Starrett (SCX) makes tools for metalworking companies,aviation,farm equipment shops etc. The stock sells for about 80% of book value. They pay a dividend with a 2% current yield and trade for 12 times earnings.

Plutoniumhead (< 20) Submitted: 4/11/2008 12:09:43 AM : Start Price: $16.40 SCX Score: -64.21

L.S. Starrett is a boring little small cap company that manufactures and sells precision tools and measuring instruments and devices which is selling below book value, has very little debt, the officers and directors own a significant amount of the shares with considerable institutional ownership. Starrett’s instruments and devices set the standard for the industry in the USA and the company has been in business for over 120 years. This is a stock to buy if you would not mind owning for several years, no matter what the price does in the short term.

The numbers:

Cash: 32M
Debt: 13.92M
Price/Book: 0.69
Book Value per Share: 28.17
Insider Ownership: 18.4%
Institutional Ownership: 44.8%

This stock will not be a ten-bagger but would be one that Walter Schloss would be interested in.