Professional
Added to YB: 2025-02-06
Pitch date: 2025-02-05
BOC [bullish]
Boston Omaha Corporation
-6.69%
current return
Author Info
River Oaks Capital is an investment fund that invests in a concentrated number of small, underfollowed micro cap & small cap public companies. Sign up for the newsletter.
Company Info
Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States.
Market Cap
$362.0M
Pitch Price
$14.51
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.32
P/E
-1.2K
EV/Sales
3.55
Sector
Media
Category
value
River Oaks Capital Portfolio Holding: Boston Omaha Corporation
BOC: 4 segments: Billboard, Broadband, Insurance, Investments. Core businesses reached scale, 15%+ ROI expected. Billboard: 6th largest, rural focus, $325m+ value. Broadband: 62k customers, debt-free. Insurance: improving profitability. Sky Harbour (16% stake) & CB&T (15.6%) key investments. $760m+ conservative valuation vs $445m market cap. 10% FCF yield, growth potential.
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