Added to YB: 2025-01-21
Pitch date: 2025-01-07
ALCO [bullish]
Alico, Inc.
+25.6%
current return
Author Info
The Value Road is a deep value investor that's interested in post bankruptcy, NAV, and undervalued micro and nano-cap stocks. I only invest in companies that have layers of value behind them, usually with little or no debt. Sign up for their newsletter.
Company Info
Alico, Inc., together with its subsidiaries, operates as an agribusiness and land management company in the United States.
Market Cap
$278.2M
Pitch Price
$30.01
Price Target
51.13 (+36%)
Dividend
0.55%
EV/EBITDA
-26.18
P/E
-1.88
EV/Sales
7.50
Sector
Food Products
Category
special_situation
Alico Land Sell-Off Picking Up Pace
ALCO: Citrus farmer pivoting to real estate. 4,500-acre Corkscrew grove near Fort Myers could fetch $50k/acre, boosting NAV to $51.13/share (+63%). CEO incentivized for land sales. Exiting citrus due to disease/hurricanes. 8-K confirms workforce reduction, focus on land development. Upside potential as property values realized.
Read full article (5 min)