Quick Value #233 - Cheap TechCo

"Left for Dead" tech co at 9x FCF, net cash, and share cannibal mentality

Today’s idea:

• Small-cap “left for dead” technology company

• Growing business (expecting 6% 2024 growth)

• Share cannibal — repurchased 20%+ of shares since 2017

• Shares are cheap at <6x EBITDA and <9x FCF with net cash

Subscribe below for access to all Quick Value posts. As a reminder, premium posts mostly cover “top of the pile” ideas that are generally microcaps or special situations.