Professional
Added to YB: 2024-05-07
Pitch date: 2024-04-09
CLAR [bullish]
Clarus Corporation
-44.67%
current return
Author Info
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Company Info
Clarus Corporation designs, develops, manufactures, and distributes outdoor equipment and lifestyle products in the United States, Australia, China, Austria, and internationally.
Market Cap
$122.1M
Pitch Price
$6.11
Price Target
19.83 (+487%)
Dividend
3.14%
EV/EBITDA
-36.35
P/E
-1.35
EV/Sales
0.43
Sector
Leisure Products
Category
growth
Show full summary:
Maran Partners Fund Portfolio Holding: Clarus Corporation
CLAR: Sold Precision Sport for $175M, now $1/share net cash. At $6, EV is $185M. Expects to 2x EBITDA to ~$50M by 2026 but market skeptical. Could 3x if hit, but downside protected by cash, brand value. Extreme pessimism creates asymmetric return potential.
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