# GigaValue — 2011Q2

Canonical: https://gigainvestors.com/value?q=2011Q2

Published as of: 2026-10-16T08:06:01.803Z. Quarter end: 2011-06-30.

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. 99 matching companies.

| Company | Quality code | Buy qualified | Price per share | Price as of | Expected return per year | Subsequent price change |
|---|---|---|---|---|---|---|
| [Hon Hai Precision Industry Co Ltd (2317.TW)](https://gigainvestors.com/s/2317.TW) | PPPPP | no | TWD 71.51 | 2011-06-30 | 6.1% | 241.2% to 2026-10-16 |
| [Admiral Group PLC (ADM.LSE)](https://gigainvestors.com/s/ADM.LSE) | PPPPP | no | GBX 1,661.00 | 2011-06-30 | 7.0% | 127.3% to 2026-10-16 |
| [Anglo-Eastern Plantations PLC (AEP.LSE)](https://gigainvestors.com/s/AEP.LSE) | PPPPP | yes | GBX 73.50 | 2011-06-30 | 15.7% | 140.5% to 2026-10-16 |
| [Aflac Incorporated (AFL.US)](https://gigainvestors.com/s/AFL) | PPPPP | yes | $23.34 | 2011-06-30 | 11.9% | 405.8% to 2026-10-15 |
| [Arthur J Gallagher & Co. (AJG.US)](https://gigainvestors.com/s/AJG) | PPPPP | no | $28.54 | 2011-06-30 |  | 776.3% to 2026-10-15 |
| [Ametek Inc (AME.US)](https://gigainvestors.com/s/AME) | PPPPP | no | $29.93 | 2011-06-30 | 6.1% | 730.2% to 2026-10-15 |
| [Amphenol Corporation (APH.US)](https://gigainvestors.com/s/APH) | PPPPP | yes | $3.37 | 2011-06-30 | 14.5% | 2315.0% to 2026-10-15 |
| [Arcadis N.V. (ARCAD.AS)](https://gigainvestors.com/s/ARCAD.AS) | PPPPP | no | EUR 16.40 | 2011-06-30 | 12.0% | 150.5% to 2026-10-16 |
| [AutoZone Inc (AZO.US)](https://gigainvestors.com/s/AZO) | PPPPP | no | $294.85 | 2011-06-30 | 9.9% | 937.7% to 2026-10-15 |
| [A.G.Barr PLC (BAG.LSE)](https://gigainvestors.com/s/BAG.LSE) | PPPPP | no | GBX 439.00 | 2011-06-30 | 8.0% | 28.2% to 2026-10-16 |
| [Barclays PLC (BARC.LSE)](https://gigainvestors.com/s/BARC.LSE) | PPPPP | no | GBX 236.89 | 2011-06-30 |  | 82.3% to 2026-10-16 |
| [British American Tobacco PLC (BATS.LSE)](https://gigainvestors.com/s/BATS.LSE) | PPPPP | no | GBX 2,731.00 | 2011-06-30 | 6.9% | 62.1% to 2026-10-16 |
| [Société BIC SA (BB.PA)](https://gigainvestors.com/s/BB.PA) | PPPPP | no | EUR 66.64 | 2011-06-30 | 8.0% | 1.0% to 2026-10-16 |
| [Becton Dickinson and Company (BDX.US)](https://gigainvestors.com/s/BDX) | PPPPP | yes | $66.09 | 2011-06-30 | 12.6% | 193.2% to 2026-10-15 |
| [Franklin Resources Inc (BEN.US)](https://gigainvestors.com/s/BEN) | PPPPP | yes | $43.76 | 2011-06-30 | 12.6% | -28.3% to 2026-10-15 |
| [Brown-Forman Corporation (BF-A.US)](https://gigainvestors.com/s/BF-A) | PPPPP | yes | $14.34 | 2011-06-30 | 11.7% | 103.2% to 2026-10-15 |
| [Bank of Montreal (BMO.TO)](https://gigainvestors.com/s/BMO.TO) | PPPPP | yes | CAD 61.35 | 2011-06-30 | 12.6% | 283.7% to 2026-10-15 |
| [Danone SA (BN.PA)](https://gigainvestors.com/s/BN.PA) | PPPPP | no | EUR 51.45 | 2011-06-30 | 6.8% | 18.9% to 2026-10-16 |
| [Brown & Brown Inc (BRO.US)](https://gigainvestors.com/s/BRO) | PPPPP | no | $12.83 | 2011-06-30 |  | 429.9% to 2026-10-15 |
| [Close Brothers Group plc (CBG.LSE)](https://gigainvestors.com/s/CBG.LSE) | PPPPP | no | GBX 772.00 | 2011-06-30 | 10.5% | -51.6% to 2026-10-16 |
| [CH Robinson Worldwide Inc (CHRW.US)](https://gigainvestors.com/s/CHRW) | PPPPP | no | $78.84 | 2011-06-30 | 7.0% | 82.4% to 2026-10-15 |
| [Companhia Siderúrgica Nacional (CSNA3.SA)](https://gigainvestors.com/s/CSNA3.SA) | PPPPP | no | BRL 19.19 | 2011-06-30 |  | -68.8% to 2026-10-15 |
| [JC Decaux SA (DEC.PA)](https://gigainvestors.com/s/DEC.PA) | PPPPP | no | EUR 22.11 | 2011-06-30 | 5.1% | 17.1% to 2026-10-16 |
| [Dollar Tree Inc (DLTR.US)](https://gigainvestors.com/s/DLTR) | PPPPP | no | $33.31 | 2011-06-30 | 7.8% | 236.7% to 2026-10-02 |
| [Diploma PLC (DPLM.LSE)](https://gigainvestors.com/s/DPLM.LSE) | PPPPP | no | GBX 375.50 | 2011-06-30 | 9.0% | 2002.5% to 2026-10-16 |
| [DSV A/S (DSV.CO)](https://gigainvestors.com/s/DSV.CO) | PPPPP | no | DKK 123.30 | 2011-06-30 | 6.0% | 870.8% to 2026-10-16 |
| [DaVita HealthCare Partners Inc (DVA.US)](https://gigainvestors.com/s/DVA) | PPPPP | no | $43.31 | 2011-06-30 | 6.2% | 336.8% to 2026-10-15 |
| [eBay Inc (EBAY.US)](https://gigainvestors.com/s/EBAY) | PPPPP | yes | $13.58 | 2011-06-30 | 19.9% | 805.0% to 2026-10-15 |
| [Ecolab Inc (ECL.US)](https://gigainvestors.com/s/ECL) | PPPPP | no | $56.38 | 2011-06-30 | 6.1% | 415.8% to 2026-10-15 |
| [EssilorLuxottica S. A. (EL.PA)](https://gigainvestors.com/s/EL.PA) | PPPPP | no | EUR 54.73 | 2011-06-30 | 5.9% | 180.1% to 2026-10-16 |
| [Emerson Electric Company (EMR.US)](https://gigainvestors.com/s/EMR) | PPPPP | no | $56.25 | 2011-06-30 | 7.4% | 188.3% to 2026-10-15 |
| [Erie Indemnity Company (ERIE.US)](https://gigainvestors.com/s/ERIE) | PPPPP | no | $70.72 | 2011-06-30 | 8.9% | 237.5% to 2026-10-15 |
| [Expeditors International of Washington, Inc. (EXPD.US)](https://gigainvestors.com/s/EXPD) | PPPPP | no | $51.19 | 2011-06-30 | 6.5% | 288.0% to 2026-10-15 |
| [Fastenal Company (FAST.US)](https://gigainvestors.com/s/FAST) | PPPPP | no | $9.00 | 2011-06-30 | 6.4% | 459.9% to 2026-10-15 |
| [FactSet Research Systems Inc (FDS.US)](https://gigainvestors.com/s/FDS) | PPPPP | no | $102.32 | 2011-06-30 | 7.1% | 195.0% to 2026-10-15 |
| [Fresenius Medical Care Corporation (FMS.US)](https://gigainvestors.com/s/FMS) | PPPPP | no | $37.35 | 2011-06-30 | 5.4% | -40.7% to 2026-10-15 |
| [Goodwin PLC (GDWN.LSE)](https://gigainvestors.com/s/GDWN.LSE) | PPPPP | no | GBX 1,474.00 | 2011-06-30 | 12.1% | 878.3% to 2026-10-16 |
| [Gildan Activewear Inc. (GIL.TO)](https://gigainvestors.com/s/GIL.TO) | PPPPP | no | CAD 17.00 | 2011-06-30 | 8.8% | 250.5% to 2026-10-15 |
| [General Mills Inc (GIS.US)](https://gigainvestors.com/s/GIS) | PPPPP | no | $37.22 | 2011-06-30 | 7.1% | -11.7% to 2026-10-15 |
| [Globe Life Inc (GL.US)](https://gigainvestors.com/s/GL) | PPPPP | no | $28.51 | 2011-06-30 | 11.5% | 487.9% to 2026-10-15 |
| [Glanbia PLC (GL9.IR)](https://gigainvestors.com/s/GL9.IR) | PPPPP | no | EUR 4.78 | 2011-06-30 |  | 328.0% to 2026-10-16 |
| [Genuine Parts Co (GPC.US)](https://gigainvestors.com/s/GPC) | PPPPP | no | $54.40 | 2011-06-30 | 8.4% | 145.4% to 2026-10-15 |
| [Global Payments Inc (GPN.US)](https://gigainvestors.com/s/GPN) | PPPPP | no | $25.50 | 2011-06-30 | 9.1% | 230.1% to 2026-10-15 |
| [Greggs PLC (GRG.LSE)](https://gigainvestors.com/s/GRG.LSE) | PPPPP | no | GBX 530.50 | 2011-06-30 | 7.1% | 326.8% to 2026-10-16 |
| [WW Grainger Inc (GWW.US)](https://gigainvestors.com/s/GWW) | PPPPP | no | $153.65 | 2011-06-30 | 8.7% | 766.4% to 2026-10-15 |
| [Hasbro Inc (HAS.US)](https://gigainvestors.com/s/HAS) | PPPPP | no | $43.93 | 2011-06-30 | 8.5% | 124.0% to 2026-10-15 |
| [Halma PLC (HLMA.LSE)](https://gigainvestors.com/s/HLMA.LSE) | PPPPP | no | GBX 414.30 | 2011-06-30 | 7.3% | 722.1% to 2026-10-16 |
| [Hormel Foods Corporation (HRL.US)](https://gigainvestors.com/s/HRL) | PPPPP | no | $14.91 | 2011-06-30 | 7.7% | 35.5% to 2026-10-15 |
| [Henry Schein Inc (HSIC.US)](https://gigainvestors.com/s/HSIC) | PPPPP | no | $28.07 | 2011-06-30 | 9.5% | 209.9% to 2026-10-15 |
| [Hershey Co (HSY.US)](https://gigainvestors.com/s/HSY) | PPPPP | no | $56.85 | 2011-06-30 | 7.0% | 196.7% to 2026-10-15 |
| [Hubbell Inc (HUBB.US)](https://gigainvestors.com/s/HUBB) | PPPPP | yes | $64.95 | 2011-06-30 | 11.4% | 615.5% to 2026-10-15 |
| [Indra A (IDR.MC)](https://gigainvestors.com/s/IDR.MC) | PPPPP | no | EUR 14.23 | 2011-06-30 | 8.6% | 354.3% to 2026-10-16 |
| [IDEX Corporation (IEX.US)](https://gigainvestors.com/s/IEX) | PPPPP | no | $45.85 | 2011-06-30 | 7.0% | 415.6% to 2026-10-15 |
| [International Flavors & Fragrances Inc (IFF.US)](https://gigainvestors.com/s/IFF) | PPPPP | no | $64.24 | 2011-06-30 | 6.8% | 40.6% to 2026-10-15 |
| [Infosys Ltd ADR (INFY.US)](https://gigainvestors.com/s/INFY) | PPPPP | no | $8.15 | 2011-06-30 | 6.2% | 48.8% to 2026-10-15 |
| [Intertek Group PLC (ITRK.LSE)](https://gigainvestors.com/s/ITRK.LSE) | PPPPP | no | GBX 1,973.00 | 2011-06-30 | 7.2% | 199.8% to 2026-10-16 |
| [Illinois Tool Works Inc (ITW.US)](https://gigainvestors.com/s/ITW) | PPPPP | no | $56.49 | 2011-06-30 | 10.1% | 380.1% to 2026-10-15 |
| [JB Hi-Fi Ltd (JBH.AU)](https://gigainvestors.com/s/JBH.AU) | PPPPP | no | AUD 16.86 | 2011-06-30 | 5.7% | 329.1% to 2026-10-16 |
| [Jyske Bank A/S (JYSK.CO)](https://gigainvestors.com/s/JYSK.CO) | PPPPP | no | DKK 203.10 | 2011-06-30 | 17.3% | 423.4% to 2026-10-16 |
| [Linde plc Ordinary Shares (LIN.US)](https://gigainvestors.com/s/LIN) | PPPPP | no | $108.39 | 2011-06-30 | 5.5% | 355.0% to 2026-10-15 |
| [Lloyds Banking Group PLC (LLOY.LSE)](https://gigainvestors.com/s/LLOY.LSE) | PPPPP | yes | GBX 49.00 | 2011-06-30 | 24.3% | 111.5% to 2026-10-16 |
| [Lockheed Martin Corporation (LMT.US)](https://gigainvestors.com/s/LMT) | PPPPP | no | $80.97 | 2011-06-30 | 12.2% | 557.8% to 2026-10-15 |
| [LVMH Moët Hennessy - Louis Vuitton (MC.PA)](https://gigainvestors.com/s/MC.PA) | PPPPP | no | EUR 124.10 | 2011-06-30 | 5.9% | 218.9% to 2026-10-16 |
| [Microchip Technology Inc (MCHP.US)](https://gigainvestors.com/s/MCHP) | PPPPP | no | $18.96 | 2011-06-30 | 6.9% | 291.8% to 2026-10-15 |
| [McKesson Corporation (MCK.US)](https://gigainvestors.com/s/MCK) | PPPPP | no | $83.65 | 2011-06-30 | 9.4% | 1093.8% to 2026-10-15 |
| [Manulife Financial Corp (MFC.TO)](https://gigainvestors.com/s/MFC.TO) | PPPPP | no | CAD 17.08 | 2011-06-30 | 10.5% | 263.9% to 2026-10-15 |
| [Marsh & McLennan Companies, Inc. (MRSH.US)](https://gigainvestors.com/s/MRSH) | PPPPP | no | $31.19 | 2011-06-30 | 3.5% | 498.1% to 2026-10-15 |
| [Metro Inc. (MRU.TO)](https://gigainvestors.com/s/MRU.TO) | PPPPP | no | CAD 16.00 | 2011-06-30 | 9.5% | 494.4% to 2026-10-15 |
| [M&T Bank Corporation (MTB.US)](https://gigainvestors.com/s/MTB) | PPPPP | no | $87.95 | 2011-06-30 | 9.0% | 148.6% to 2026-10-15 |
| [National Bank of Canada (NA.TO)](https://gigainvestors.com/s/NA.TO) | PPPPP | no | CAD 39.11 | 2011-06-30 | 11.2% | 422.4% to 2026-10-15 |
| [National Australia Bank Ltd (NAB.AU)](https://gigainvestors.com/s/NAB.AU) | PPPPP | no | AUD 24.37 | 2011-06-30 | 10.3% | 61.3% to 2026-10-16 |
| [Nike Inc (NKE.US)](https://gigainvestors.com/s/NKE) | PPPPP | no | $22.50 | 2011-06-30 | 8.7% | 65.1% to 2026-10-15 |
| [Novo Nordisk A/S (NOVO-B.CO)](https://gigainvestors.com/s/NOVO-B.CO) | PPPPP | no | DKK 64.55 | 2011-06-30 | 7.1% | 304.9% to 2026-10-16 |
| [Oracle Corporation (ORCL.US)](https://gigainvestors.com/s/ORCL) | PPPPP | no | $32.91 | 2011-06-30 | 10.1% | 308.6% to 2026-10-15 |
| [Occidental Petroleum Corporation (OXY.US)](https://gigainvestors.com/s/OXY) | PPPPP | no | $99.68 | 2011-06-30 | 7.7% | -39.1% to 2026-10-15 |
| [Procter & Gamble Company (PG.US)](https://gigainvestors.com/s/PG) | PPPPP | no | $63.57 | 2011-06-30 | 8.5% | 147.1% to 2026-10-15 |
| [Progressive Corp (PGR.US)](https://gigainvestors.com/s/PGR) | PPPPP | no | $21.38 | 2011-06-30 | 12.3% | 899.8% to 2026-10-15 |
| [Power Corporation Of Canada (POW.TO)](https://gigainvestors.com/s/POW.TO) | PPPPP | no | CAD 26.89 | 2011-06-30 |  | 247.9% to 2026-10-15 |
| [Reece Ltd (REH.AU)](https://gigainvestors.com/s/REH.AU) | PPPPP | no | AUD 4.06 | 2011-06-30 | 8.5% | 327.4% to 2026-10-16 |
| [Hermes International SCA (RMS.PA)](https://gigainvestors.com/s/RMS.PA) | PPPPP | no | EUR 203.90 | 2011-06-30 | 4.1% | 558.9% to 2026-10-16 |
| [Rotork PLC (ROR.LSE)](https://gigainvestors.com/s/ROR.LSE) | PPPPP | no | GBX 168.60 | 2011-06-30 | 8.1% | 192.4% to 2026-10-16 |
| [Ross Stores Inc (ROST.US)](https://gigainvestors.com/s/ROST) | PPPPP | no | $20.03 | 2011-06-30 | 7.8% | 1072.4% to 2026-10-15 |
| [RTX Corporation (RTX.US)](https://gigainvestors.com/s/RTX) | PPPPP | no | $55.70 | 2011-06-30 | 10.5% | 235.6% to 2026-10-15 |
| [Saputo Inc (SAP.TO)](https://gigainvestors.com/s/SAP.TO) | PPPPP | no | CAD 23.25 | 2011-06-30 | 6.6% | 71.5% to 2026-10-15 |
| [Starbucks Corporation (SBUX.US)](https://gigainvestors.com/s/SBUX) | PPPPP | no | $19.75 | 2011-06-30 | 5.8% | 390.7% to 2026-10-15 |
| [Seek Ltd (SEK.AU)](https://gigainvestors.com/s/SEK.AU) | PPPPP | no | AUD 6.44 | 2011-06-30 | 5.3% | 103.1% to 2026-10-16 |
| [Sherwin-Williams Co (SHW.US)](https://gigainvestors.com/s/SHW) | PPPPP | no | $27.96 | 2011-06-30 | 7.5% | 1105.2% to 2026-10-15 |
| [Spirax Group plc (SPX.LSE)](https://gigainvestors.com/s/SPX.LSE) | PPPPP | no | GBX 2,154.92 | 2011-06-30 | 7.2% | 242.7% to 2026-10-16 |
| [Standard Chartered PLC (STAN.LSE)](https://gigainvestors.com/s/STAN.LSE) | PPPPP | yes | GBX 1,559.05 | 2011-06-30 | 13.3% | 36.9% to 2026-10-16 |
| [Schneider Electric S.E. (SU.PA)](https://gigainvestors.com/s/SU.PA) | PPPPP | no | EUR 57.60 | 2011-06-30 | 8.0% | 343.6% to 2026-10-16 |
| [Stryker Corporation (SYK.US)](https://gigainvestors.com/s/SYK) | PPPPP | yes | $58.69 | 2011-06-30 | 13.0% | 399.6% to 2026-10-15 |
| [Truist Financial Corp (TFC.US)](https://gigainvestors.com/s/TFC) | PPPPP | no | $26.84 | 2011-06-30 | 11.2% | 73.5% to 2026-10-15 |
| [The TJX Companies Inc (TJX.US)](https://gigainvestors.com/s/TJX) | PPPPP | no | $13.13 | 2011-06-30 | 8.8% | 1000.9% to 2026-10-15 |
| [Trane Technologies plc (TT.US)](https://gigainvestors.com/s/TT) | PPPPP | no | $28.14 | 2011-06-30 | 10.1% | 1525.4% to 2026-10-15 |
| [Unilever PLC (ULVR.LSE)](https://gigainvestors.com/s/ULVR.LSE) | PPPPP | no | GBX 2,145.33 | 2011-06-30 | 9.6% | 127.7% to 2026-10-16 |
| [U.S. Bancorp (USB.US)](https://gigainvestors.com/s/USB) | PPPPP | no | $25.51 | 2011-06-30 | 11.7% | 125.0% to 2026-10-15 |
| [United Internet AG NA (UTDI.XETRA)](https://gigainvestors.com/s/UTDI.XETRA) | PPPPP | no | EUR 14.50 | 2011-06-30 | 7.3% | 65.2% to 2026-10-16 |
| [Westinghouse Air Brake Technologies Corp (WAB.US)](https://gigainvestors.com/s/WAB) | PPPPP | no | $32.86 | 2011-06-30 | 6.7% | 775.7% to 2026-10-15 |
| [Yum! Brands Inc (YUM.US)](https://gigainvestors.com/s/YUM) | PPPPP | no | $39.71 | 2011-06-30 | 10.1% | 279.8% to 2026-10-15 |

Method: https://gigainvestors.com/value/method

2011 Q2: 12 at a fair price. Up 448% since; analysed index companies +712%.

Buy then 12

Expected return / yr
Lloyds Banking Group
24.3%Since then +112%
Buy at or below GBX 112.27 · Then GBX 49.00
eBay
19.9%Since then +805%
Buy at or below $17.43 · Then $13.58
Anglo-Eastern Plantations
15.7%Since then +141%
Buy at or below GBX 95.11 · Then GBX 73.50
Amphenol
14.5%Since then +2315%
Buy at or below $4.64 · Then $3.37

Expected return / yr
National Bank of Canada
11.2%Since then +422%needs −3%
ROTE 10y 17.1%
U.S. Bancorp
11.7%Since then +125%needs −8%
ROTE 10y 35.9%
The rest 85