CSS Industries Inc (NYSE:CSS) is another particularly cheap stock in the All Investable Screener, with an acquirer’s multiple of 6.2. It has a market cap of $278 million; $106 million in cash and equivalents, and no debt, giving it an enterprise value of $172 million; and it has generated $28 million … Read More
Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC): Strong, Liquid Balance Sheet, and Undervalued.
Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) is one of the cheapest stocks in the All Investable Screener with an acquirer’s multiple of 5. It has a 10 percent FCF/EV yield, and has bought back 1 percent of its stock over the last 12 months. Long only, value investor and research analyst Arie … Read More
Computer Task Group Inc. (NASDAQ:CTG): Simple, Cheap, and Buying Back Stock
With an acquirer’s multiple of 4.8, Computer Task Group Inc. (NASDAQ:CTG) is the sixth cheapest stock in the Small and Micro Cap Screener. It’s an information technology (IT) solutions and staffing services company in North America and Europe. It has 3,900 employees. The company implements electronic health records; assists in the start-up … Read More
Global Sources Ltd. (Bermuda)(NASDAQ:GSOL) $GSOL announces buyback at $7.50 for 22% of outstanding stock; Up 25% this week
Global Sources Ltd. (Bermuda)(NASDAQ:GSOL), which I wrote about on May 28, announced a buyback this morning at $7.50. The stock has run up about 21 percent since. It’s still cheap, but it’s now bounced out of the All Investable Screener. It may be back if the buyback actually happens and the … Read More
Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) $IBA: Significantly undervalued; Change In Capital Structure Enhances Value
Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) is another stock on a great run that remains too cheap. I’ve owned it since Q3 2011, and I still hold it because it’s the third cheapest stock in the All Investable Screener. It has a market cap of $2.7B, an enterprise value of … Read More
Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) $UEPS: Strong cash flows, low debt, high margins, high growth
Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) has been on a tear in 2015, up almost 40 percent year-to-date. Even so, it’s still the tenth cheapest stock in the All Investable Screener with an acquirer’s multiple of 5.7, a PE of 7.7, and a FCF/EV yield of 14.7 percent. It’s bought back $7 … Read More
First Purchase Under Mechanical Investment Plan
By Bruce Murison, June 8, 2015 On June 8 Tobias published on this site my mechanical investment plan using the Acquirer’s Multiple. On June 4 I had established a dedicated account with $25,000 to trade the Plan. On June 8 I made the first trade. Specifically, I bought 594 shares of … Read More
TravelCenters of America LLC (NYSE:TA): Activists are circling
TravelCenters of America LLC (NYSE:TA) is the fourth cheapest stock in the All Investable Screener with an acquirer’s multiple of 4.83. It trades on a PE of <8, and OCF/EV of almost 30 percent. Keep an eye on FCF/EV, which is a little anemic at 2 percent. Deep value, contrarian … Read More
A Mechanical Investment Plan Using The Acquirer’s Multiple
Bruce Murison* contacted me at the start of June with an interesting proposition: He would open a dedicated account to trade the Acquirer’s Multiple All Investable Stocks Screen and post his strategy and results on the site. He thought knowing there was a public eye keeping him on the straight and narrow might assist with … Read More
Icahn on Wall Street Week
Click here if you’d like to see a current list of deeply undervalued takeover and activist targets using The Acquirer’s Multiple® (it’s free!), subscribe to The Acquirer’s Multiple® or connect with me on Twitter, LinkedIn or Facebook.
Hunting endangered species
Back in the spring of 1999, when the world was enamored of dot coms and not much else, three guys at Piper Jaffray, Daniel J. Donoghue, Michael R. Murphy and Mark Buckley, produced a superb research report called Wall Streets Endangered Species. The thesis of the paper was that there were a large … Read More
National American University Holdings Inc (NASDAQ:NAUH) is the most hated name in the most hated industry
National American University Holdngs Inc (NASDAQ:NAUH) may well be the most hated name in the most hated industry in the US–for-profit education–the bête noire for every value investor over the last 3 years. We’ve (almost) all bought them and lost money. I think it’s time for another look at the industry, and … Read More
RCI Hospitality Holdings, Inc. (NASDAQ:RICK) : Trash and Treasure
RCI Hospitality Holdings, Inc. (NASDAQ:RICK), at $11.72, is the eighth cheapest stock in the Small and Micro Cap Screener with an acquirer’s multiple of 5.57. RCI, formerly Rick’s Cabaret International, Inc., operates nightclubs that offer live adult entertainment, restaurant, and bar services primarily for “businessmen” in the United States. It operates adult nightclubs … Read More
Western Refining, Inc. (NYSE:WNR): Refined value
Western Refining, Inc. (NYSE:WNR) is the second cheapest stock in the Large Cap 1000 Screener (which is free), trading on an acquirer’s multiple of 5.9. It produces refined oil products at three refineries: one in El Paso, Texas, one near Gallup, New Mexico and one in St. Paul Park, Minnesota. WNR sells … Read More
Humana Inc (NYSE:HUM) seeks a bid, and exits the screen; Up 20+ percent for the week
Humana Inc (NYSE:HUM), one of my very long-term portfolio holdings is seeking a sale. Humana, one of the country’s largest health insurers, is weighing a potential sale of itself after having been approached by several competitors, people briefed on the matter said on Friday. … Any deal for Humana would … Read More
FutureFuel Corp. (NYSE:FF) has a liquid balance sheet, and it’s cheap
At $11.59 FutureFuel Corp. (NYSE:FF) has an acquirer’s multiple of 4.4 and is another cheap company in the All Investable Screener. It manufactures and sells diversified chemical products, bio-based products, and bio-based specialty chemical products in the United States and internationally. FF has a $511 million market cap, $164 million in … Read More
Discussing Deep Value and the Acquirer’s Multiple at Harvard
A little over a month ago I travelled to Harvard to speak to Michael Parzen’s business statistics class on Deep Value and the acquirer’s multiple. Here is the recording of that talk. Click here if you’d like to see a current list of stocks with the best rank using The Acquirer’s Multiple® (it’s free!), … Read More
Global Sources Ltd. (NASDAQ:GSOL) has cash, an activist, and buys back stock
Global Sources Ltd. (NASDAQ:GSOL) at $5.64 trades on a extremely discounted acquirer’s multiple of 4.2, making it the third cheapest stock in the All Investable Screener. It’s a Hong-Kong based business-to-business media company that facilitates trade from Greater China to the world, which likely goes some way to explaining the … Read More
Valero Energy Corporation (NYSE:VLO): Cheap, and buying back stock
Valero Energy Corporation (NYSE:VLO) is the cheapest stock in the Acquirer’s Multiple Large Cap 1000 screener. Like AGX, it’s another stock that I’ve been pitching for six months (here I am pitching it to Jeff Macke as a takeover target last year). While it’s up more than +22 percent since, it … Read More
Norsat International Inc (USA)(NYSEMKT:NSAT) catches an activist
Norsat International Inc (USA) (NYSEMKT:NSAT) is a Canada-based satellite communications company and, with an acquirer’s multiple of 7.36, a member of the Small and Micro Cap Screener. Norsat’s business units include microwave products; satellite terminals, including portable satellite systems; Sinclair Division, through which Norsat provides industry leading antenna and RF conditioning products, … Read More