- Quality and mostly recurring cash flow business (~9.3% levered free cash flow yield) with an uncommanding valuation (~3.2 EV/sales) and material relative underperformance against the major indices.
- Plenty of self-help management actions can be deployed to create shareholder value.
- Investor-friendly levers include higher capital distributions to shareholders, clear articulation of growth potential, progress on future business split, and purchase of stock in the company by management.
For further details see:
Xperi: Self-Help Actions To Create Shareholder Value