whistlerbumps Posted June 15, 2021 Share Posted June 15, 2021 Anyone looked at Park Aerospace (PKE)? Got hurt by COVID but now should benefit from the recovery of A320 production. EBITDA is expected to grow 80% this year and they used to have forecasts that could have it almost 4x from current levels in a few years. Nice programs with high ROIC so should probably get a good multiple on that cash flow if the growth comes as expected. Also has an M&A angle with over $100mln of net cash. Could be accretive if they find the right asset. Owner operator owns almost 5% and his siblings own another 5% and have been shareholder friendly in the past. Curious if anyone here has ever looked at it. Link to comment Share on other sites More sharing options...
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