When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
USAP - Universal Stainless & Alloy Products: Aerospace Recovery Play Trading At Liquidation Value
Universal Stainless & Alloy Products Inc.
USAP is positioned to benefit from an aerospace recovery and supply chain restocking cycle, which should produce significant cash flow leverage over the next several years.
The equity is trading only modestly above the liquidation value of its inventory, and at a substantial discount to tangible book value.
A below peer 7x EBITDA multiple implies USAP would be valued 60% higher, with a return to its historic tangible book value of 1.2x, valuing the company +3x at $30.