Added to YB: 2024-09-26
Pitch date: 2024-09-24
BRID [bullish]
Bridgford Foods Corporation
-5.05%
current return
Author Info
No bio for this author
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Company Info
Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen and snack food products in the United States.
Market Cap
$83.6M
Pitch Price
$9.51
Price Target
N/A
Dividend
N/A
Sector
Food Products
Category
value
Bridgford Foods - A Look at the Real Estate Portfolio
BRID: Trading at $10, 0.71x P/TB. Hidden value in properties: Chicago plant sold for $60M (11% CAGR). 7 plants, 12ha land, 43k sqm buildings. Est. $50M property value ($3.80/share). Anaheim HQ worth $30-35M. Dallas, Chicago, Statesville properties undervalued. 80% family-owned. $240M revenue, $91M market cap.
Read full article (6 min)