Added to YB: 2024-03-21
Pitch date: 2024-03-20
YI [bullish]
111, Inc.
-75.1%
current return
Author Info
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Company Info
111, Inc., together with its subsidiaries, operates an integrated online and offline platform in the healthcare market in the People's Republic of China.
Market Cap
$415.2M
Pitch Price
$14.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
19.55
P/E
-6.02
EV/Sales
0.08
Sector
Consumer Staples Distribution and Retail
Category
value
Turtles Research Initiates Trade with 111, Inc.
111, Inc ($YI): Deep value play after buyout fell through. Trades at large discount to peer YSB, could be acquired for cost synergies of $40-60M. Q4 expected to be strong after weak 2023 due to COVID destocking. Net debt may hit $75M, but $125M mkt cap. CEO has M&A track record.
Read full article (1 min)