Pistachio_Lawyer Posted February 4, 2021 Share Posted February 4, 2021 I have been following Joel Greenblatt's magic formula model for a while, and recently ASO has been added as top pick on his list. Anyone familiar with this company? If so please comment. Your insights and comments are highly valued and appreciated Link to comment Share on other sites More sharing options...
ContrarianValue44 Posted April 25, 2021 Share Posted April 25, 2021 Company looks cheaply value on 2020 operating income. However, 2020 operating income is more than twice that of 2019, 2018, etc. I would be very surprised if operating income doesn't revert back to closer to 2019's level once things improve when the pandemic (spending on athletic goods and nature retreat equipment made an unusual jump during COVID). And on 2019's operating income, the company looks expensive in my opinion, and will likely drop out of the Magic Formula list for negative reasons. Hope that helps! Link to comment Share on other sites More sharing options...
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