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SIFCO Industries Inc. Message Board

  • analyst112 analyst112 Feb 1, 2010 3:30 PM Flag

    Dirt cheap stock

    There is $7/shr of working capital. with a 2/1 current ratio, all the cash is severable. That means we are paying $9/shr for $1.50 of earnings or 6 times earnings. The stock should selling at $20. The commercial aircraft market is set to rebound and the order book will fill up. With the new forging press they are ready.

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    • EBITDA is $14.5MM. If you subtract out the excess cash, the stock is selling for 3 times EBITDA. This may be the cheapest stock on any market. If they paid out the earnings, the stock would yield 12%. It would instantly sell at a 7% yield or $21/shr. They have control over the stock price. Loading up the boat. Back up the truck--fill me up.

      • 1 Reply to analyst112
      • Although this company may be cheap (not as cheap as 6 wks ago), is that you need institutional investors to drive the price up. But the float on this one is so small they can't buy any substantial amounts.

        Maybe the co. would be better paying a decent dividend, at least reward the current stockholders.

        But better have those shares in a retirement account, or Uncle Timmy and his Main Man Barry will rape you of your profits.


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