Professional
Added to YB: 2024-04-08
Pitch date: 2024-04-08
BOC [bullish]
Boston Omaha Corporation
-14.89%
current return
Author Info
Bossert Capital makes long-term investments in a concentrated group of high-quality, competitively advantaged businesses. Follow the founder on Twitter.
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
$15.92
Price Target
31.00 (+129%)
Dividend
N/A
EV/EBITDA
11.32
P/E
-1.2K
EV/Sales
3.55
Sector
Media
Category
value
$BOC: Unveiling the Hidden Wealth in Fiber and Broadband
BOC at $15 is deeply undervalued on sum-of-parts ($24-$31/share) & FCF basis (4-7x near-term $28-44M FCF). Fiber biz has 41.7K passes worth $3-5K each ($6-9/share), 30K+ fixed wireless subs. Broadband worth $182-282M but mkt assigns little value. Upside as fiber value realized.
Read full article (2 min)