Quick Value #225 - Dirt Cheap Retailer

Virtually debt-free retailer trading at 0.5x BV / 4x EBITDA with big FCF upside

Today’s idea:

• Beaten up apparel retailer

• Virtually debt-free with 0.1x leverage

• Shares are cheap at 0.5x TBV, 4x EBITDA, 12.5x FCF

• Clear path to double (or triple) FCF over next few years

Sign up below for access to all posts and monthly updates + occasional deep dives. Premium posts mostly cover “top of the pile” ideas that are generally microcaps or special situations.