Are There Any Deals Among The Dividend Challengers? Part II

INTRODUCTION
This is the second article where I use a four method valuation analysis to derive fair value estimates for the members of the dividend challengers from David Fish's Dividend Champion, Challenger and Contender list (available here). The previous articles of this series have covered:
Dividend champions (available here) Dividend contenders (available here and here) Dividend challengers (available here) Commonly held dividend stocks (available here) There are a total of 418 dividend challengers. The first article covered the first 104 companies in alphabetical order by ticker symbol from the CCC list. This article covers the next 104 dividend challengers.
For those of you who are new to this series, the valuation methods are described below.
THE VALUATION METHODS
DISCOUNTED CASH FLOW VALUATION
Discounted cash flow [DCF] is the most commonly known valuation tool. The DCF is a valuation method used to estimate the attractiveness of an investment opportunity. Discounted cash flow analysis uses future free cash flow projections and discounts them to arrive at a present value estimate, which is used to evaluate the potential for investment.
BENJAMIN GRAHAM VALUATION FORMULA
The Graham number measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the... Read more