- The Build-A-Bear Workshop is best described as an interactive retail-entertainment company. The company offers kids the opportunity to design and build their own stuffed animal.
- Build-A-Bear Workshop is an interesting company that—in my opinion—perfectly captures much of today’s culture including desire for experience, DIY and customization.
- The current valuation appears very cheap. Estimating 2024 revenues at $476 million and EPS at $2.73/share BBW would trade at a P/E of 6.92 and P/S significantly below 1.
- My valuation based on a residual earnings framework calculates a fair price per share of $27.68, implying more than 40% upside.
For further details see:
Build-A-Bear, Build A Stuffed Investment