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Added to YB: 2025-08-14

Pitch date: 2025-08-08

RICK [neutral]

RCI Hospitality Holdings, Inc.

-22.19%

current return

Author Info

Ace River Capital is a concentrated, long-term fund focused on asymmetric risk/reward opportunities. Sign up for the newsletter.

Company Info

RCI Hospitality Holdings, Inc., through its subsidiaries, engages in the hospitality and related businesses in the United States.

Market Cap

$209.5M

Pitch Price

$34.70

Price Target

N/A

Dividend

1.17%

EV/EBITDA

5.25

P/E

12.91

EV/Sales

1.61

Sector

Hotels, Restaurants and Leisure

Category

growth

Show full summary:
Ace River Capital Portfolio Holding: RCI Hospitality Holdings, Inc.

RICK (holding update): Only public adult nightclub owner in US; 57 clubs + 12 Bombshells sports bars. Limited new adult licenses creates local monopolies with excellent unit economics. Long runway via M&A as preferred buyer with 500+ targets. Steady ops, strong FCF, undervalued vs normalized earnings power. Management shows capital allocation discipline.

Read full article (1 min)