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Added to YB: 2024-12-19

Pitch date: 2024-12-18

TLF [bullish]

Tandy Leather Factory, Inc.

-20.56%

current return

Author Info

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Company Info

Tandy Leather Factory, Inc., together with its subsidiaries, retails leather and leathercraft-related items in the United States, Canada, and Spain.

Market Cap

$23.8M

Pitch Price

$3.35

Price Target

6.52 (+145%)

Dividend

N/A

EV/EBITDA

6.42

P/E

2.51

EV/Sales

0.49

Sector

Specialty Retail

Category

value

Show full summary:
A Potentially Significant Special Dividend is in the Future for the Tandy Leather Factory Investors

TLF: Leather retailer, $40M market cap, $75M sales. Profitable with $4M 2023 earnings. Selling HQ for $26.5M (66% of market cap). NCAV to rise from $35M to $55M post-sale. 2025 profits to spike $6M from sale gain. P/E 6.9 at NCAV. 37.5% upside to $6.52 target based on NCAV. Dividend likely.

Read full article (7 min)