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I Have 3 New Candidates for My 'Triple Nets'

·2 min read
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Pursuant to my April 14th column on some new "triple-nets" (companies trading at between 2x and 3x net current asset value or NCAV), this weekend I identified a few more candidates. Kimball Electronics currently trades at 2.88x NCAV. KE trades at about 12x next year's "consensus" earnings estimate, and with just one analyst covering the name, earnings surprises are very possible.