Added to YB: 2024-06-05
Pitch date: 2024-06-04
IVFH [bullish]
Innovative Food Holdings, Inc.
-72.3%
current return
Author Info
Company Info
Innovative Food Holdings, Inc., together with its subsidiaries, distributes specialty food and food related products to restaurants, hotels, country clubs, national chain accounts, casinos, hospitals, and catering houses in the United States.
Market Cap
$25.2M
Pitch Price
$1.19
Price Target
N/A
Dividend
N/A
EV/EBITDA
28.09
P/E
31.22
EV/Sales
0.41
Sector
Consumer Staples Distribution and Retail
Category
value
Innovative Food Holdings: Significant Earnings Power and Growth Potential
IVFH: Expects to add $34M revenue from new contracts without increasing SG&A. Sees gross margin returning to 30%. Assumes warehouse sale, debt paydown & $10M net cash. At $1.17, trades ex-cash P/E of 3.3 based on 2025 earnings power estimate.
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