Professional
Added to YB: 2024-06-27
Pitch date: 2024-06-26
ACCO [neutral]
ACCO Brands Corporation
-9.88%
current return
Author Info
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Company Info
ACCO Brands Corporation designs, manufactures, and markets consumer, school, technology, and office products in the United States, Canada, Brazil, Mexico, Chile, Europe, the Middle East, Australia, New Zealand, and Asia.
Market Cap
$311.7M
Pitch Price
$4.21
Price Target
N/A
Dividend
8.67%
EV/EBITDA
5.61
P/E
-3.03
EV/Sales
0.74
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.
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