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Added to YB: 2024-04-29

Pitch date: 2024-04-28

SGRP [bullish]

SPAR Group, Inc.

-48.18%

current return

Author Info

Company Info

SPAR Group, Inc., together with its subsidiaries, provides merchandising and brand marketing services in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.

Market Cap

$26.5M

Pitch Price

$1.65

Price Target

3.09 (+261%)

Dividend

N/A

EV/EBITDA

5.94

P/E

-3.13

EV/Sales

0.17

Sector

Media

Category

value

Show full summary:
Spar Group (SGRP) trades at less than 3.5x EV/EBITDA with several potential catalysts

SGRP: Simplified biz post-JV sales, 40% net cash, <3.5x EV/EBITDA (15% FCF yield). Buybacks & M&A potential catalysts. Serves big retailers like Walmart. Margins improving, merchandising 40%+ rev at 2x remodel margins. 85%+ upside to historical 6x EBITDA. Risks: bad M&A, recession.

Read full article (5 min)