# GigaValue — 2009Q3 Canonical: https://gigainvestors.com/value?q=2009Q3 Published as of: 2026-10-16T08:06:01.803Z. Quarter end: 2009-09-30. Quality code order: understandable (earnings resilience, evidence only), moat, economics, management, accounting. P = pass; F = fail; C/U = unresolved; N = not applicable. Buy now needs moat, economics, management and accounting passes, a profit record (no recurring losses, positive owner earnings) and a price at or below central value. History covers analysed companies from today’s selected indexes, with coverage varying by quarter. Held companies outside those indexes are not included. Today’s index membership and restated accounts create survivorship and hindsight bias. The fair-price count includes every buy-qualified company in that quarter and market scope. Headline gains are equal-weight average price changes for those picks and for all analysed index companies with available returns, including failed quality tests. Companies without a measured price change are excluded from averages. The headline follows the market switch, not the other list filters. Returns exclude dividends and are not annualised; overlapping cohorts are not an investable portfolio. Market scope: Western-accessible listings. 65 matching companies. | Company | Quality code | Buy qualified | Price per share | Price as of | Expected return per year | Subsequent price change | |---|---|---|---|---|---|---| | [Adobe Systems Incorporated (ADBE.US)](https://gigainvestors.com/s/ADBE) | PPPPP | no | $33.04 | 2009-09-30 | 9.0% | 661.7% to 2026-10-15 | | [Analog Devices Inc (ADI.US)](https://gigainvestors.com/s/ADI) | PPPPP | no | $27.58 | 2009-09-30 | 6.9% | 1364.6% to 2026-10-15 | | [Ametek Inc (AME.US)](https://gigainvestors.com/s/AME) | PPPPP | no | $15.52 | 2009-09-30 | 7.7% | 1501.7% to 2026-10-15 | | [Amphenol Corporation (APH.US)](https://gigainvestors.com/s/APH) | PPPPP | no | $2.36 | 2009-09-30 | 9.9% | 3360.3% to 2026-10-15 | | [Arcadis N.V. (ARCAD.AS)](https://gigainvestors.com/s/ARCAD.AS) | PPPPP | yes | EUR 12.19 | 2009-09-30 | 14.0% | 237.1% to 2026-10-16 | | [AstraZeneca PLC (AZN.LSE)](https://gigainvestors.com/s/AZN.LSE) | PPPPP | yes | GBX 2,804.00 | 2009-09-30 | 13.4% | 343.7% to 2026-10-16 | | [AutoZone Inc (AZO.US)](https://gigainvestors.com/s/AZO) | PPPPP | no | $146.22 | 2009-09-30 | 12.5% | 1992.5% to 2026-10-15 | | [Bank of America Corp (BAC.US)](https://gigainvestors.com/s/BAC) | PPPPP | yes | $16.92 | 2009-09-30 | 15.5% | 205.6% to 2026-10-15 | | [A.G.Barr PLC (BAG.LSE)](https://gigainvestors.com/s/BAG.LSE) | PPPPP | no | GBX 270.00 | 2009-09-30 | 8.9% | 108.5% to 2026-10-16 | | [Barclays PLC (BARC.LSE)](https://gigainvestors.com/s/BARC.LSE) | PPPPP | yes | GBX 341.79 | 2009-09-30 | 15.9% | 26.4% to 2026-10-16 | | [British American Tobacco PLC (BATS.LSE)](https://gigainvestors.com/s/BATS.LSE) | PPPPP | no | GBX 1,963.00 | 2009-09-30 | 7.8% | 125.5% to 2026-10-16 | | [Becton Dickinson and Company (BDX.US)](https://gigainvestors.com/s/BDX) | PPPPP | no | $53.50 | 2009-09-30 | 11.0% | 262.2% to 2026-10-15 | | [Franklin Resources Inc (BEN.US)](https://gigainvestors.com/s/BEN) | PPPPP | no | $33.53 | 2009-09-30 | 7.1% | -6.4% to 2026-10-15 | | [Brown-Forman Corporation (BF-A.US)](https://gigainvestors.com/s/BF-A) | PPPPP | no | $10.17 | 2009-09-30 | 9.8% | 186.4% to 2026-10-15 | | [Bank of Nova Scotia (BNS.TO)](https://gigainvestors.com/s/BNS.TO) | PPPPP | yes | CAD 48.87 | 2009-09-30 | 12.6% | 164.4% to 2026-10-15 | | [Bunzl PLC (BNZL.LSE)](https://gigainvestors.com/s/BNZL.LSE) | PPPPP | no | GBX 634.50 | 2009-09-30 | 12.7% | 347.0% to 2026-10-16 | | [Brown & Brown Inc (BRO.US)](https://gigainvestors.com/s/BRO) | PPPPP | no | $9.58 | 2009-09-30 | | 609.6% to 2026-10-15 | | [Citigroup Inc. (C.US)](https://gigainvestors.com/s/C) | PPPPP | no | $48.40 | 2009-09-30 | | 154.6% to 2026-10-15 | | [Chemring Group PLC (CHG.LSE)](https://gigainvestors.com/s/CHG.LSE) | PPPPP | no | GBX 428.16 | 2009-09-30 | 4.5% | 25.4% to 2026-10-16 | | [CH Robinson Worldwide Inc (CHRW.US)](https://gigainvestors.com/s/CHRW) | PPPPP | no | $57.75 | 2009-09-30 | 6.7% | 149.0% to 2026-10-15 | | [Companhia Siderúrgica Nacional (CSNA3.SA)](https://gigainvestors.com/s/CSNA3.SA) | PPPPP | no | BRL 27.19 | 2009-09-30 | 12.2% | -78.0% to 2026-10-15 | | [Chevron Corp (CVX.US)](https://gigainvestors.com/s/CVX) | PPPPP | no | $70.43 | 2009-09-30 | 7.8% | 211.4% to 2026-10-15 | | [Danaher Corporation (DHR.US)](https://gigainvestors.com/s/DHR) | PPPPP | no | $22.62 | 2009-09-30 | 10.9% | 923.3% to 2026-10-15 | | [DaVita HealthCare Partners Inc (DVA.US)](https://gigainvestors.com/s/DVA) | PPPPP | no | $28.32 | 2009-09-30 | 6.7% | 567.9% to 2026-10-15 | | [Ecolab Inc (ECL.US)](https://gigainvestors.com/s/ECL) | PPPPP | no | $46.23 | 2009-09-30 | 6.0% | 529.1% to 2026-10-15 | | [Erie Indemnity Company (ERIE.US)](https://gigainvestors.com/s/ERIE) | PPPPP | no | $37.46 | 2009-09-30 | 10.8% | 537.2% to 2026-10-15 | | [Expeditors International of Washington, Inc. (EXPD.US)](https://gigainvestors.com/s/EXPD) | PPPPP | no | $35.15 | 2009-09-30 | 7.0% | 465.1% to 2026-10-15 | | [Fastenal Company (FAST.US)](https://gigainvestors.com/s/FAST) | PPPPP | no | $4.84 | 2009-09-30 | 7.9% | 941.4% to 2026-10-15 | | [FactSet Research Systems Inc (FDS.US)](https://gigainvestors.com/s/FDS) | PPPPP | no | $66.24 | 2009-09-30 | 6.7% | 355.7% to 2026-10-15 | | [General Dynamics Corporation (GD.US)](https://gigainvestors.com/s/GD) | PPPPP | yes | $64.60 | 2009-09-30 | 14.5% | 421.7% to 2026-10-15 | | [Goodwin PLC (GDWN.LSE)](https://gigainvestors.com/s/GDWN.LSE) | PPPPP | no | GBX 1,125.00 | 2009-09-30 | 11.7% | 1181.8% to 2026-10-16 | | [Gildan Activewear Inc. (GIL.TO)](https://gigainvestors.com/s/GIL.TO) | PPPPP | no | CAD 10.58 | 2009-09-30 | 10.6% | 463.0% to 2026-10-15 | | [Global Payments Inc (GPN.US)](https://gigainvestors.com/s/GPN) | PPPPP | no | $23.35 | 2009-09-30 | 4.2% | 260.5% to 2026-10-15 | | [Halma PLC (HLMA.LSE)](https://gigainvestors.com/s/HLMA.LSE) | PPPPP | no | GBX 217.00 | 2009-09-30 | 9.2% | 1469.5% to 2026-10-16 | | [Hormel Foods Corporation (HRL.US)](https://gigainvestors.com/s/HRL) | PPPPP | no | $8.88 | 2009-09-30 | 9.0% | 127.4% to 2026-10-15 | | [Imperial Brands PLC (IMB.LSE)](https://gigainvestors.com/s/IMB.LSE) | PPPPP | no | GBX 1,808.00 | 2009-09-30 | 6.6% | 57.4% to 2026-10-16 | | [Infosys Ltd ADR (INFY.US)](https://gigainvestors.com/s/INFY) | PPPPP | no | $6.06 | 2009-09-30 | 5.8% | 100.1% to 2026-10-15 | | [Intertek Group PLC (ITRK.LSE)](https://gigainvestors.com/s/ITRK.LSE) | PPPPP | no | GBX 1,269.00 | 2009-09-30 | 5.7% | 366.1% to 2026-10-16 | | [Johnson Matthey PLC (JMAT.LSE)](https://gigainvestors.com/s/JMAT.LSE) | PPPPP | no | GBX 2,052.84 | 2009-09-30 | 5.6% | 22.4% to 2026-10-16 | | [Keller Group PLC (KLR.LSE)](https://gigainvestors.com/s/KLR.LSE) | PPPPP | no | GBX 727.00 | 2009-09-30 | 13.0% | 322.0% to 2026-10-16 | | [Linde plc Ordinary Shares (LIN.US)](https://gigainvestors.com/s/LIN) | PPPPP | no | $81.69 | 2009-09-30 | 4.7% | 503.8% to 2026-10-15 | | [Lockheed Martin Corporation (LMT.US)](https://gigainvestors.com/s/LMT) | PPPPP | no | $78.08 | 2009-09-30 | 10.4% | 582.2% to 2026-10-15 | | [Microchip Technology Inc (MCHP.US)](https://gigainvestors.com/s/MCHP) | PPPPP | no | $13.25 | 2009-09-30 | 7.5% | 460.5% to 2026-10-15 | | [Manulife Financial Corp (MFC.TO)](https://gigainvestors.com/s/MFC.TO) | PPPPP | no | CAD 22.50 | 2009-09-30 | 11.6% | 176.3% to 2026-10-15 | | [Marsh & McLennan Companies, Inc. (MRSH.US)](https://gigainvestors.com/s/MRSH) | PPPPP | no | $24.73 | 2009-09-30 | | 654.3% to 2026-10-15 | | [Metro Inc. (MRU.TO)](https://gigainvestors.com/s/MRU.TO) | PPPPP | no | CAD 11.66 | 2009-09-30 | 9.5% | 715.3% to 2026-10-15 | | [Mitie Group PLC (MTO.LSE)](https://gigainvestors.com/s/MTO.LSE) | PPPPP | no | GBX 130.04 | 2009-09-30 | 8.8% | 61.9% to 2026-10-16 | | [National Bank of Canada (NA.TO)](https://gigainvestors.com/s/NA.TO) | PPPPP | no | CAD 29.77 | 2009-09-30 | 11.0% | 586.3% to 2026-10-15 | | [National Australia Bank Ltd (NAB.AU)](https://gigainvestors.com/s/NAB.AU) | PPPPP | no | AUD 29.26 | 2009-09-30 | 8.2% | 34.4% to 2026-10-16 | | [Nike Inc (NKE.US)](https://gigainvestors.com/s/NKE) | PPPPP | no | $16.17 | 2009-09-30 | 9.7% | 129.6% to 2026-10-15 | | [Oracle Corporation (ORCL.US)](https://gigainvestors.com/s/ORCL) | PPPPP | no | $20.84 | 2009-09-30 | 10.7% | 545.2% to 2026-10-15 | | [Paychex Inc (PAYX.US)](https://gigainvestors.com/s/PAYX) | PPPPP | no | $29.05 | 2009-09-30 | 10.7% | 281.3% to 2026-10-15 | | [PepsiCo Inc (PEP.US)](https://gigainvestors.com/s/PEP) | PPPPP | no | $58.66 | 2009-09-30 | 7.0% | 118.9% to 2026-10-15 | | [Progressive Corp (PGR.US)](https://gigainvestors.com/s/PGR) | PPPPP | no | $16.58 | 2009-09-30 | 7.7% | 1189.2% to 2026-10-15 | | [PNC Financial Services Group Inc (PNC.US)](https://gigainvestors.com/s/PNC) | PPPPP | yes | $48.59 | 2009-09-30 | 18.9% | 342.4% to 2026-10-15 | | [Power Corporation Of Canada (POW.TO)](https://gigainvestors.com/s/POW.TO) | PPPPP | no | CAD 29.28 | 2009-09-30 | | 219.5% to 2026-10-15 | | [Reece Ltd (REH.AU)](https://gigainvestors.com/s/REH.AU) | PPPPP | no | AUD 4.72 | 2009-09-30 | 6.9% | 268.0% to 2026-10-16 | | [Rotork PLC (ROR.LSE)](https://gigainvestors.com/s/ROR.LSE) | PPPPP | no | GBX 113.10 | 2009-09-30 | 7.4% | 335.9% to 2026-10-16 | | [RTX Corporation (RTX.US)](https://gigainvestors.com/s/RTX) | PPPPP | no | $38.34 | 2009-09-30 | 11.5% | 387.5% to 2026-10-15 | | [Saputo Inc (SAP.TO)](https://gigainvestors.com/s/SAP.TO) | PPPPP | no | CAD 12.57 | 2009-09-30 | 8.8% | 217.4% to 2026-10-15 | | [Spirax Group plc (SPX.LSE)](https://gigainvestors.com/s/SPX.LSE) | PPPPP | no | GBX 1,125.38 | 2009-09-30 | 9.5% | 556.2% to 2026-10-16 | | [Standard Chartered PLC (STAN.LSE)](https://gigainvestors.com/s/STAN.LSE) | PPPPP | no | GBX 1,413.97 | 2009-09-30 | 10.1% | 51.0% to 2026-10-16 | | [UnitedHealth Group Incorporated (UNH.US)](https://gigainvestors.com/s/UNH) | PPPPP | no | $25.04 | 2009-09-30 | 13.6% | 1524.1% to 2026-10-15 | | [U.S. Bancorp (USB.US)](https://gigainvestors.com/s/USB) | PPPPP | yes | $21.86 | 2009-09-30 | 12.2% | 162.5% to 2026-10-15 | | [Exxon Mobil Corp (XOM.US)](https://gigainvestors.com/s/XOM) | PPPPP | yes | $68.61 | 2009-09-30 | 14.1% | 154.6% to 2026-10-15 | Method: https://gigainvestors.com/value/method
2009 Q3: 9 at a fair price. Up 229% since; analysed index companies +843%.
Buy then 9
Expected return / yrPNC Financial Services Group
18.9%Since then +342%
Buy at or below $78.48 · Then $48.59Barclays
15.9%Since then +26%
Buy at or below GBX 632.63 · Then GBX 341.79Bank of America
15.5%Since then +206%
Buy at or below $26.09 · Then $16.92General Dynamics
14.5%Since then +422%
Buy at or below $91.59 · Then $64.60