Added to YB: 2025-04-11
Pitch date: 2025-02-21
ODP [bullish]
The ODP Corporation
+52.92%
current return
Author Info
No bio for this author
Company Info
The ODP Corporation provides business products, services and supplies, and digital workplace technology solutions to small, medium, and enterprise-level businesses in the United States, Puerto Rico, the U.
Market Cap
$839.4M
Pitch Price
$18.31
Price Target
60.00 (+114%)
Dividend
N/A
EV/EBITDA
2.23
P/E
168.61
EV/Sales
0.22
Sector
Specialty Retail
Category
growth
The ODP Corporation - $ODP
ODP: Ex-Office Depot at 2x 2025 EBITDA. B2B biz fell 10% in 2024 due to Staples aggressive pricing & BofA deal fail. New $1.5B customer, hospitality entrance, 3PL growth (Veyer +20-30% YoY). Cost cuts & Varis sale to boost FCF $100-150M. Potential $200M+ FCF in 2025 (2.5-3x). Upside to $40-60+ on B2B stabilization or M&A ($65 Sycamore equiv).
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