Value Don't Lie

Value Don't Lie

Quick Value #239 - Small-cap SpinCo

Small-cap spin + merge (RMT) coming soon. First look at the numbers.

Oct 14, 2024
∙ Paid

Today’s idea:

  • Spin + Merge (RMT) transaction by yearend 2024

  • Levered cyclical recovery = big potential earnings upside

  • Stub currently trading at 7x EBITDA / 11x FCF on trough numbers

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