MiX Telematics (MiX) has a long history of profitability, accretive share buybacks, and return of capital to shareholders with a long run way of growth, and yet can be purchased at a price that materially undervalues the business.
Company Overview:
MiX is a founder led business that offers fleet and mobile asset management solutions delivered as Software-as-a-Service to customers across the globe. The company solutions include MiX Fleet Manager Premium; MiX Fleet Manager Essential; MiX Asset Manager and Value Added Services. It serves Fast Moving Consumer Goods, Utilities, Security, Construction, Transport and Distribution, Emergency Services,