The markets continue to get crushed, and as the dust settles each day, we've seen a broader array of net/nets. We are used to seeing microcaps here almost exclusively, but these markets are revealing some bigger names, many of which are profitable. Can't remember the last time I saw a net/net in excess of $1 billion in market cap. These are extraordinary times.
Ingram Micro
Ticker: IM
Price: $13.58
Market Cap: $2.3 billion
NCAV: $2.36 billion
Cash:$807 million
P/E: 8.3
Tech Data
Ticker: TECD
Price: 21.47
Market Cap: $1.1 billion
NCAV: $1.64 billion
Cash: $468 million
P/E: 8.5
Benchmark Electonics
Ticker: BHE
Price: $11.77
Market Cap: $788 million
NCAV: $822 million
Cash: $341 million
P/E: 9.1
USEC
Ticker: USU
Price: $3.90
Market Cap: $438 milliom
NCAV: $726.7 million
Cash: $358.6 million
P/E: 6
Furniture Brands Intl
Ticker: FBN
Price: $4.61
Market Cap: $228 million
NCAV: $270.3 milliom
Cash: $109.6 million
P/E: N/A
As always, do your own research before proceeding. Companies are often "cheap" for good reasons, or don't turn out to be cheap afterall.
*The author does not have positions in any of the companies mentioned. This is neither a recommendation to buy or sell any securities. All information provided believed to be reliable and presented for information purposes only.
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