I am researching this stock, partially based on Buffetology for a long term purchase.
Where is the extra equity coming from? For example, in '94 (adjusted) there was $6.30 equity/share. In '95 they earned and retained $0.68/share. Yet, in '95 they had $8.42 in equity. Where is it coming from??
please let us know your findings. i have owned srv for about 6 months. its a recession proof industry, the company does a good job with its "cluster" idea to control cost. about 85 percent of industry is mom and pop . growth and earnings around 22 percent.
roe about 15 percent, which is one of buffetts big items. it does have a fair amount of debt.
i am also reading buffettology but started after i had bought the stock. interested to see what you find.