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
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