Added to YB: 2025-05-15
Pitch date: 2025-05-13
CVR [neutral]
Chicago Rivet & Machine Co.
+26.61%
current return
Author Info
Buggy Whip Bargains has their heads stuck in 10Ks and 10Qs of 'old world' businesses trading below tangible book value. Opinions expressed here are not recommendations or advice. Do your own research. Sign up for the newsletter.
Company Info
Chicago Rivet & Machine Co. operates in the fastener industry in North America. It operates through Fasteners and Assembly Equipment.
Market Cap
$13.5M
Pitch Price
$11.11
Price Target
N/A
Dividend
0.86%
EV/EBITDA
-4.63
P/E
-2.99
EV/Sales
0.50
Sector
Machinery
Category
turnaround
The Deep Value Week – 2025/19 - Chicago Rivet & Machine Co.
CVR (earnings update): Q1'25 mixed results - sales down 7.7% YoY to $7.2M due to 17.9% auto decline, but returned to profitability ($0.42 EPS vs -$0.72 Q1'24). Gross margin improved via pricing & cost cuts. Liquidity concerns with -$2M op cash flow, $0.77M cash. Going concern issues; seeking financing & implementing turnaround initiatives.
Read full article (1 min)