ALCO - Alico: Overlooked Citrus Producer Trading At 11x PE Yielding 5.5% All While Trading At A Discount To Its Land Assets
- Alico is one of the largest citrus producers in the US, but it trades at a 22% discount on its land assets (at least).
- On top of that, it operates a profitable business that trades at 11x PE and yields 5.5%.
- Management has been selling off non-core ranch assets and recycling the proceeds into citrus groves, paying down debt, buying back stock, increasing dividends.
For further details see:
Alico: Overlooked Citrus Producer Trading At 11x PE, Yielding 5.5%, All While Trading At A Discount To Its Land Assets