Category Archive

Newpark Resources Inc. ($NR) has been beaten up along with the rest of the oil and gas service industry, and it’s starting to look decidedly cheap. At its $7.21 close yesterday, it has a market capitalization of ~$606 million. It carries net debt of $91 million, putting it on an … Read More

Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) has been running hard in 2015, up 69 percent since the start of the year, and up 13 percent since I wrote about it on June 10.  It’s getting close to exiting the All Investable Screener, but it remains cheap on any number of metrics. With … Read More

Lots of value investors find their own personal Waterloo in airline stocks (Buffett famously dumps money in the sector every decade or so). That might make the industry sound like a bad bet. Regardless, when I kick airlines out of my backtests, they tend to underperform, so I keep the industry … Read More

RPX Corp is an unusually cheap stock with an unusual business model. With an $888 million market cap, and $376 million in net cash, RPXC has an enterprise value of $512 million, against which it has earned $76 million in operating income over the last twelve months, giving it an … Read More

Telecom Argentina S.A. ($TEO) popped into the Large Cap 1000 screener this week at the top position. With a $3.5 billion market cap, virtually no net debt, and $653 million in operating earnings last year, the company trades on an acquirer’s multiple of just 5.3x. It yields 4 percent and … Read More

Silvercorp Metals Inc. (NYSE:SVM) is the seventh cheapest stock in the All Investable Screener with an acquirer’s multiple of 5.53. At $1.10, it has a $188 million market cap, an enterprise value of $172 million, and has generated $31 million in operating income over the last twelve months. It trades … Read More

Meb Faber sent out an interesting note from The Idea Farm today about PAR Capital Management. PAR are a $4.3 billion hedge fund with a specialization in airline stocks. According to their latest 13F filing, their fourth largest holding at almost 7 percent of the fund is Alaska Air Group, Inc. … Read More

I first wrote about Nevsun Resources Ltd. (NYSEMKT:NSU) a month ago on May 22. Since then the stock has run from its May 21 close of $4.10 to as high $4.26 and as low as $3.77 and now back to $4.05 at the time of writing. NSU was and remains the … Read More

Gold Resource Corporation (NYSEMKT:GORO) is up almost 9 percent today, but it remains one of the cheapest stocks in the All Investable Screener with an acquirer’s multiple of 4.8 (it’s run from third cheapest to fifth cheapest today). There’s a lot to like about it: Lots of cash on the … Read More

Network-1 Technologies, Inc. (NYSEMKT:NTIP) is a very interesting stock in the Small and Micro Cap Screener. With a market cap of $42 million and net cash of $15 million, it has an enterprise value of just $27 million. It generated $4 million in operating income last year, which gives it an … Read More

YPF Sociedad Anonima (NYSE:YPF), the Argentinian energy company, has been beaten up over the last month, making it the fifth cheapest stock in the Large Cap Screener with an acquirer’s multiple of 6.87. It has a $10.2 billion market cap, a $15.4 billion enterprise value, and generated $2.3 billion in operating … Read More

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) 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

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), 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) 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) 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

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

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), 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