Professional
Added to YB: 2024-06-27
Pitch date: 2024-06-26
ACCO [neutral]
ACCO Brands Corporation
-29.53%
current return
Author Info
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Company Info
ACCO Brands Corporation designs, manufactures, and markets consumer, school, technology, and office products.
Market Cap
$439.0M
Pitch Price
$4.10
Price Target
N/A
Dividend
6.54%
EV/EBITDA
5.75
P/E
-17.66
EV/Sales
0.76
Sector
Commercial Services and Supplies
Category
N/A
Pernas Research Passes On: ACCO Brands Corporation
ACCO: Office/school products maker, $445M mkt cap, 12x EV/EBITDA. Owns Swingline, FiveStar, Kensington. 80% share decline over 20yrs due to secular decline in end markets. Strategy: streamline & deleverage. Q4 profits up, but hard to own declining, levered biz. Watchlist for demand changes.
Read full article (1 min)