Thu, Mar 5, 2015, 6:01 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Pep Boys - Manny, Moe & Jack Message Board

  • shorthighcoverlower shorthighcoverlower Feb 16, 2013 3:46 PM Flag

    highlights form investor presentation

    pep boys---highlights from the investor slides...119 new tire stores opened in 2011, and 22 anticipated opening in 2012--these small units are expected to gross $1 million in sales per annum and provide $150,000 of EBITDA ( each store involves about a $400,000 investment and the CEO once said this format is a potential game changer). About PBY's real estate...out of 745 locations, the company owns 232 locations, has a ground lease on 162 locations and leases 351 stores... the beautiful news? The 232 owned locations are on PBY's books at $386 million, but the appraised value of those locations is much higher at $684 million meaning there is approx. $298 million of "hidden value" waiting to be tapped. With 53 million shares outstanding that represents $5.62 per share of hidden value. PBY also has $79 million in cash and $200 million in debt. No wonder Gabelli likes this one!

9.14-0.01(-0.11%)Mar 5 4:03 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.