Added to YB: 2024-06-26
Pitch date: 2024-06-26
MAMA [bullish]
Mama's Creations, Inc.
+139.2%
current return
Author Info
No bio for this author
Company Info
Mama's Creations, Inc., together with its subsidiaries, manufactures and markets fresh deli-prepared foods in the United States.
Market Cap
$714.8M
Pitch Price
$6.48
Price Target
10.00 (-35%)
Dividend
N/A
EV/EBITDA
30.28
P/E
89.15
EV/Sales
2.82
Sector
Food Products
Category
growth
MAMA: M&A, Meatballs, and Margin Expansion in this Turnaround Story
MAMA: Mama’s Creations is evolving from an Italian-meatball business into a national, 50-plus-product fresh prepared-food platform, with a path from roughly $6.20 to above $10 over the coming years. Growth rests, in order, on geographic/customer expansion, disciplined M&A and higher items per account, while FCF-funded automation targets low-30% gross margins by FY25. Key risks are execution, commodity inflation and 43% customer concentration.
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