Added to YB: 2024-02-19
Pitch date: 2024-02-19
IVFH [bullish]
Innovative Food Holdings, Inc.
-56.49%
current return
Author Info
Company Info
Innovative Food Holdings, Inc., together with its subsidiaries, distributes specialty food and food related products to restaurants, hotels, country clubs, national chain accounts, casinos, hospitals, and catering houses in the United States.
Market Cap
$25.2M
Pitch Price
$0.76
Price Target
2.00 (+507%)
Dividend
N/A
EV/EBITDA
28.09
P/E
31.22
EV/Sales
0.41
Sector
Consumer Staples Distribution and Retail
Category
turnaround
My current best idea: Innovation Food Holdings - $IVFH
IVFH: Specialty B2B foodservice co. trading at 5x EV/EBITDA. New CEO revamping biz, exiting unprofitable DTC to focus on profitable B2B (high-end food for restaurants/clubs). Asset sale could net $10M+ to pay debt. Aims for $100M rev, $10M EBITDA w/o new debt/capital. 50% rev from US Foods a risk. $2 PT on growth & M&A potential.
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