Left for dead US micro-cap
A company in transition trading for ~5.5x earnings
Hello, Ultimate Value readers!
I am back with another idea!
This is a US-listed microcap company that is currently undergoing a business model transition, causing the market to write it off, despite good progress so far. I see the stock trading at ~5.5x 2027 earnings. A re-rating to a 15x multiple could mean a 2-bagger.
The downside is manageable due to the very low starting valuation.
Let’s take a look.