Professional
Added to YB: 2024-08-22
Pitch date: 2024-08-21
CRMT [bullish]
America's Car-Mart, Inc.
-59.61%
current return
Author Info
River Oaks Capital is an investment fund that invests in a concentrated number of small, underfollowed micro cap & small cap public companies. Sign up for the newsletter.
Company Info
America's Car-Mart, Inc., through its subsidiaries, operates as an automotive retailer for the used car market in the United States.
Market Cap
$212.0M
Pitch Price
$59.92
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.80
P/E
-14.20
EV/Sales
0.71
Sector
Specialty Retail
Category
turnaround
River Oaks Capital Portfolio Holding: America's Car-Mart, Inc.
CRMT: New CEO Doug Campbell centralizing ops, outsourcing to Cox Auto, improving loan system. Shifting to newer cars (8-10yrs, 110k mi) post-COVID. Tough market, but acquisitions planned. Valued at 80% book, below fire sale. Positioned for 15% ROE, 17-20% FCF yield (5-6x P/E) over cycle.
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