Added to YB: 2024-06-05
Pitch date: 2024-06-05
CLMB [bullish]
Climb Global Solutions, Inc.
+94.19%
current return
Author Info
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Company Info
Climb Global Solutions, Inc. operates as a value-added information technology (IT) distribution and solutions company in the United States, Canada, Europe, and the United Kingdom.
Market Cap
$458.5M
Pitch Price
$55.57
Price Target
77.00 (-29%)
Dividend
0.67%
EV/EBITDA
10.21
P/E
21.76
EV/Sales
0.66
Sector
Electronic Equipment, Instruments and Components
Category
growth
Long: Climb Global Solutions (NASDAQ: CLMB)
CLMB: Specialty IT distributor, 92% software sales. 20% CAGR since 2020, 20% ROIC, negative working capital. Focuses on high-growth vendors (10-15% growth), expanding EU presence. $2.6B adj. gross billings by 2026. M&A potential. Risks: vendor concentration. PT $92-$113 (22-32.5% CAGR) at 10-12x EV/EBITDA.
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