Added to YB: 2026-02-05
Pitch date: 2026-02-02
UA [neutral]
Under Armour, Inc.
+25.16%
current return
Author Info
Company Info
Under Armour, Inc., together with its subsidiaries, engages developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth.
Market Cap
$3.0B
Pitch Price
$6.16
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.04
P/E
-5.90
EV/Sales
0.85
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Fairfax Loves Under Armour. I’m Not So Sure. $UA
UA (overview): Fairfax bought $220M on open market as founder/CEO Plank returns with pay tied to $13+ stock price. Consumer retail faces rising competition from online-first brands, lower barriers to entry. Peak EBITDA was $600M; at 10-12x multiple = $6B EV vs $3B today. Risks: 'turnarounds seldom turn', Curry separation, middle market position. Possible take-private upside.
Read full article (8 min)