Added to YB: 2025-05-26
Pitch date: 2025-05-22
ALCO [neutral]
Alico, Inc.
+22.31%
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
Alico, Inc., together with its subsidiaries, operates as an agribusiness and land management company in the United States.
Market Cap
$278.2M
Pitch Price
$30.82
Price Target
N/A
Dividend
0.55%
EV/EBITDA
-26.18
P/E
-1.88
EV/Sales
7.50
Sector
Food Products
Category
turnaround
The Deep Value Week – 2025/20 - Alico, Inc.
ALCO (earnings update): Pivoting from citrus to land development with $119M impairment charge, resulting in $111.4M Q2 loss. Revenue flat at $18M, but adj EBITDA positive at $12.7M. Raised FY25 outlook: $50M+ land sales, $20M adj EBITDA, $25M cash, $60M net debt. Advancing Corkscrew Grove Villages project. Risks: land sale execution, permitting, citrus transition.
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