$IMOS --- bad financial management, great execution EV/EBITDA 1.9x worth $40
$3.3 per share FCF
30M shares outstanding
$7 per share of EBITDA
$5 per share of net cash
management has been spanked for years now. and is/has/will do a terrible job of communicating the value of their organization to americans since whomever is at the helm here doesn't understand how to use debt effectively.
So, if this company was adequately recapitalized one could expect that the stock is worth around $40.
they will be listing a subsidiary in the next 12 months that should unlock 100% upside.
Enjoyed this? Get more like it.
Glen's Musings — AI, investing, and building things. Occasional. Free.
Related Posts
Keep Exploring
Glen's Track Record
Full performance history from 2008 to present.
Read moreCurrent Positions
What Glen actually owns — every ticker, every share class.
Read moreFanniegate: The Full Story
The largest fraud in American capital markets history.
Read more157 Billionaire Profiles
What the world's most successful people got right.
Read moreDisclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.