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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (77638)	6/6/2025 1:40:56 PM
From: S. maltophilia	Respond to of 78751

Looks like they've improved their position some. And it's on sale. Followed you for some at what I hope is the low for the day.

To: Paul Senior who wrote (77638)	6/6/2025 1:51:28 PM
From: Elroy	Respond to of 78751

This one looks interesting. $3.8b annual sales with a 8% operating margin. So that's about $300m operating profit, tax it at 25%, net income about $225m. Market cap is only $850m. So the PE is about 3x to 4x. Am I doing that correctly? Gave it a real quick look. Why don't these guys pay a dividend? -- Yeah, here's fiscal 2024 results Consolidated net sales of $3.72 billion, a decrease of 0.3% compared to the prior year; Consolidated comparable sales increase of 0.3%; Global e-commerce sales of $364 million, representing 9.8% of net sales; GAAP gross margin of 50.9%, flat to the prior year, and Adjusted Gross Margin increased to 50.9% compared to 50.8% in the prior year; GAAP operating earnings of $283 million and GAAP operating margin of 7.6%, Adjusted Operating Earnings of $315 million and Adjusted Operating Margin of 8.5%; GAAP diluted net earnings per share of $1.43 and Adjusted Diluted Net Earnings Per Share of $1.69; and Cash flow from operations of $247 million and Operating Free Cash Flow of $145 million. --- Never mind, I ignored interest expense. It's about $75m per year, so income before taxes is about $200m, tax that at 25%, and you've got $150m net income. Still, not bad for a $850m market cap company. PE is about 5x to 6x.