Added to YB: 2026-08-12
Pitch date: 2026-08-10
RICK [neutral]
RCI Hospitality Holdings, Inc.
+1.22%
current return
Author Info
BlackwoodResearch shares deep fundamental research on obscure microcaps, decentralized serial acquirers, and highly profitable niche businesses. 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
$214.6M
Pitch Price
$27.12
Price Target
N/A
Dividend
1.14%
EV/EBITDA
7.43
P/E
-54.01
EV/Sales
1.61
Sector
Hotels, Restaurants and Leisure
Category
turnaround
The Strip Club Chain Facing Bribery Charges That Just Keeps Buying Back Shares - $RICK
RICK (overview): Only public adult nightclub roll-up. FY25 rev $279M, adj EBITDA $52.6M (down from $72.6M on $9M legal accrual). ~$215M mkt cap, EV ~$459M, 4.86x levered. NTM P/E 4.6x, EV/EBITDA 4.7x fwd. Bet hinges on NY bribery/tax fraud indictment resolving, controls fix, SSS stabilizing. Aggressive buybacks (shares -14.6% YoY). Ex-CEO Langan ousted. Real estate + zoning moat, but late filings, Denver $14M wage case, class actions.
Read full article (9 min)