As part of our ongoing series here at The Acquirer’s Multiple, we provide this feature article titled ‘Stock in Focus‘ where we focus on one of the stocks from our Stock Screeners.
One of the cheapest stocks in our Stock Screeners is PROG Holdings Inc (NYSE: PRG).
PROG Holdings Inc is a provider of lease-purchase solutions through more than 30,000 retail partner locations in 46 states and the district of Columbia, including e-commerce merchants.
A quick look at the share price history for PROG Holdings (below) over the past twelve months shows that the price is up 6%. Here’s why the company is undervalued.
Summary
Market Cap: $3.56 Billion
Enterprise Value: $3.69 Billion
Operating Earnings
Operating Earnings: $397 Million
Acquirer’s Multiple
Acquirer’s Multiple: 9.30
Free Cash Flow (TTM)
Free Cash Flow: $441 Million
FCF/EV Yield
FCF/EV Yield: 12%
Other Indicators
Piotroski F-Score: 5
Altman Z-Score: 4.47
Beneish M-Score: -2.81
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