catechwilliams on X
SRS is a private-equity rollup of landscaping, pool and roofing distributors, lacking exclusive supplier relationships and serving smaller homebuilders.
Tuesday, April 30
Tuesday, April 30, 2024
Everything we published on this day.
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catechwilliams on X
$GMS Underfollowed building products distributor, HSD growth, favorable mix shift/ margin, tracking to beat estimates, trading at 10x EPS, 7x EBITDA. Peers at >50% higher multiples. $HD just acquired lower quality peer SRS for 17x EBITDA. GMS = $240 or +150% at that multiple.
Dramatically Undervalued SAAS Company Primed for Buyout ($AWRE)
Aware ($AWRE) trades near its net-cash value as recurring biometric SaaS revenue grows, supporting a buyout thesis backed by debt-free…
