- Quad/Graphics, Inc. is a worldwide business partner offering an integrated marketing platform.
- In my view, with many years of accumulated expertise, Quad/Graphics’ management most likely owns a lot of secrets of the media that many new entrants cannot offer to clients.
- I would be expecting new account relationships when management continues to increase its media products and opens new strategic marketing conversations.
- I would be assuming some small acquisitions, which would most likely enhance FCF growth.
- If we assume an exit multiple of 7.5x and approximately the same figures obtained in the previous case scenario, the IRR would stand close to 6.5%. The implied price would be equal to $5.25.
For further details see:
Quad/Graphics: Promised New Account Relationships Will Most Likely Push The Stock Price Higher