Added to YB: 2024-11-04
Pitch date: 2024-11-01
ACTG [bullish]
Acacia Research Corporation
-15.94%
current return
Author Info
Company Info
Acacia Research Corporation operates as an acquirer and operator of businesses across industrial, energy, and technology sectors in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
Market Cap
$354.0M
Pitch Price
$4.58
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.40
P/E
73.23
EV/Sales
0.47
Sector
Financial Services
Category
value
A Ben Graham Net-Net doing Leveraged Buyouts: Acacia Research Group $ACTG
ACTG: Trading at 0.99x net current assets. 3 segments + new Deflecto acquisition. $449M net current assets vs $453M market cap. Patent trolling core biz. Starboard Value owns 61%. New mgmt, 2 acquisitions. $6.07 tangible book vs $4.52 price. $400M dry powder for future deals. Risks: lumpy revenue, unproven mgmt.
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