A Net-Net Cash Machine
Trading at 0.8 NCAV and 3.45 FCF while remaining consistently profitable year after year.
Get a 90% discount off Bloomberg’s No.1 competitor. Learn more here
Today, we’re being given the liquid assets of a business minus all liabilities, at a 20% discount.
We also get the operating business, all future cash-flows and the fixed assets thrown in for free.
The market is pricing the stock as if it’s facing imminent liquidation or severe structural decline.
The reality is a cash-machine with growing profits (YoY), a FCF yield above 30% and regular dividends that have been increasing YoY.
Btw, that’s not a typo. I said the FCF yield is over 30% on today’s market cap.
While, simultaneously, being a net-net.
Let’s take a look…