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Added to YB: 2024-03-01

Pitch date: 2024-02-29

IMKTA [bullish]

Ingles Markets, Incorporated

+15.32%

current return

Author Info

Company Info

Ingles Markets, Incorporated, together with its subsidiaries, operates a chain of supermarkets in the United States.

Market Cap

$1.7B

Pitch Price

$75.38

Price Target

N/A

Dividend

0.74%

EV/EBITDA

6.87

P/E

17.84

EV/Sales

0.35

Sector

Consumer Staples Distribution and Retail

Category

value

Show full summary:
Even Amazon can't compete - $IMKTA

$IMKTA: 198 SE US grocers, private label & local focus. 4% EBIT margin, 0.7x ND/EBITDA. RE = 85% of EV. Risks: Amazon Fresh. Cheap vs peers at $75.87 despite Q margin dip. Chairman control, good mgmt & inventory control.

Read full article (8 min)