Professional
Added to YB: 2020-07-13
Pitch date: 2020-06-30
DFIN [bullish]
Donnelley Financial Solutions, Inc.
+479.55%
current return
Author Info
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Company Info
Donnelley Financial Solutions, Inc. provides compliance and regulatory software and services in the United States, Asia, Europe, Canada, and internationally.
Market Cap
$1.3B
Pitch Price
$8.41
Price Target
20.28 (-58%)
Dividend
N/A
EV/EBITDA
9.07
P/E
43.07
EV/Sales
1.86
Sector
Capital Markets
Category
value
Donnelley Financial: A Tale of 2 Companies
DFIN: Unappreciated brand strength & successful SaaS transition, 100% upside despite declining revs post-spinoff. >50% transactional filing share, SaaS investments stabilizing regularized filing share. Print rev decline & 30e-3 rule mask growth assets. Catalysts: improved reporting, macro tailwinds, SaaS growth. DCF: $600M intrinsic value, double current price.
Read full article (7 min)