Cheap industrial (7.6x EBITDA) with low leverage (1.7x) and aiming for 20-25% EPS CAGR
Wish they would just commit to the shareholder returns. Why do they think they have an edge when it comes to M+A. They’ll get best by the PE shops all day long. Focus inwards, improve sales and margin, pay your owners! Easy!
So far, the M&A talk has "only been talk" -- buybacks have been the main outlet for FCF (aside from the dividend)
Wish they would just commit to the shareholder returns. Why do they think they have an edge when it comes to M+A. They’ll get best by the PE shops all day long. Focus inwards, improve sales and margin, pay your owners! Easy!
So far, the M&A talk has "only been talk" -- buybacks have been the main outlet for FCF (aside from the dividend)