Professional
Added to YB: 2020-02-04
Pitch date: 2020-02-04
TSSI [bullish]
TSS, Inc.
+496.27%
current return
Author Info
1 Main Capital is a long-biased investment partnership that invests primarily in high-quality, attractively valued, growing businesses. Visit their fund website.
Company Info
TSS, Inc. engages in the planning, design, deployment, maintenance, refresh, and take-back of end-user and enterprise systems in the United States.
Market Cap
$276.0M
Pitch Price
$1.34
Price Target
N/A
Dividend
N/A
EV/EBITDA
16.53
P/E
50.77
EV/Sales
1.05
Sector
IT Services
Category
turnaround
1 Main Holdings top position: Total Site Solutions Inc (TSSI)
TSSI: Systems integrator for modular data centers. New CEO refocused biz on higher margins. Benefits from Dell clients expanding capacity in double-digit CAGR market. Pursuing VAR oppty to procure & resell hardware (~$1B/yr vs $20M rev). Q4 rev higher than Q1-Q3 combined, EBITDA to nearly double. Strong 2020 pipeline, undemanding valuation.
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