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I recently got a book by Frederick Martin called "Benjamin Graham and the Power of Growth Stocks". It contains a copy of Chapter 39 from the 1962 edition ("New Methods for Valuing Growth Stocks") from "Security Analysis" that Martin says is missing from later editions.

Martin also says that this intrinsic value formula for growth stocks is from Graham:

Intrinsic value per share = EPS x (8.5 + 2g) x 4.4/y

where g = growth rate, y = AAA corporate bond yield

I haven't read the book enough yet to know where the 8.5 and 4.4 values come from. I wouldn't mind if someone would post that information here.
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