Professional
Added to YB: 2023-04-26
Pitch date: 2023-04-26
FREE [bullish]
Whole Earth Brands, Inc.
+107.23%
current return
Author Info
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Company Info
Whole Earth Brands, Inc. operates as a food company worldwide. The company operates through Branded CPG and Flavors and Ingredients segments.
Market Cap
$211.6M
Pitch Price
$2.35
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.74
P/E
-8.52
EV/Sales
1.18
Sector
Food Products
Category
turnaround
Stock Sonar #04 - Whole Earth Brands (NAS:FREE)
FREE (new position): Consumer food co down ~80% on sweetener biz struggles, but hidden cash cow is licorice segment w/ 70% mkt share (used in cigarettes, cosmetics, pharma). Gross margins expanded to 28% from 20% YoY w/ runway for volume/price growth. Activist Michael Franklin (22% stake) driving mgmt changes & SKU rationalization in sweeteners. Small position initiated on compelling risk-reward at $99M mkt cap.
Read full article (1 min)