Added to YB: 2025-02-18
Pitch date: 2025-02-15
LNF.TO [bullish]
Leon's Furniture Limited
+0.51%
current return
Author Info
Pound the Rock Investing, written by Adam Wilk, the founder and CIO of Greystone Capital Management, will serve as an ongoing discussion about business, investing and things I find interesting. Sign up for the newsletter.
Company Info
Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada.
Market Cap
CAD 1.7B
Pitch Price
CAD 25.58
Price Target
60.00 (+133%)
Dividend
3.13%
Sector
Specialty Retail
Category
value
Closing the Valuation Gap with Leon's Furniture
LNF.TO: Undervalued furniture retailer. Strong FCF yield (12.5%), real estate assets. Aggressive share buybacks could boost EPS 13.6-21% by 2028. PT $60, 100% upside. Buybacks enhance liquidity, reduce volatility. 15% repurchase possible for $265M. Management alignment key for value realization.
Read full article (6 min)