Added to YB: 2024-10-17
Pitch date: 2024-10-17
KVHI [bullish]
KVH Industries, Inc.
+87.45%
current return
Author Info
Woodchuck Capital writes about value stocks trading at a discount. Sign up for the newsletter.
Company Info
KVH Industries, Inc., together with its subsidiaries, designs, develops, manufactures, and markets mobile connectivity and managed services for the marine and land mobile markets.
Market Cap
$174.5M
Pitch Price
$4.86
Price Target
12.50 (+37%)
Dividend
N/A
EV/EBITDA
164.92
P/E
-23.54
EV/Sales
0.98
Sector
Communications Equipment
Category
turnaround
KVH Industries ($KVHI): A Turnaround Story in Maritime Connectivity, Fueled by Starlink and Activist Support
KVHI: Maritime connectivity co pivots to hybrid LEO/GEO model, reselling Starlink + value-added services. Exited hardware, cut 20% staff. 7k vessel base, 1k new Starlink installs. 2024 rev $117-127M, EBITDA $6-12M. 15% EBITDA margin by 2025 = $12.50 PT (150% upside). 70% mkt cap in cash. 3 activists involved.
Read full article (4 min)