Added to YB: 2024-11-06
Pitch date: 2024-11-04
TRC [bullish]
Tejon Ranch Co.
+21.36%
current return
Author Info
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Company Info
Tejon Ranch Co., together with its subsidiaries, operates as a diversified real estate development and agribusiness company.
Market Cap
$453.2M
Pitch Price
$15.73
Price Target
44.00 (+131%)
Dividend
N/A
EV/EBITDA
79.37
P/E
153.74
EV/Sales
11.62
Sector
Real Estate Management and Development
Category
value
Tejon Ranch Co. - $TRC
TRC: Undervalued land co. w/ 270k acres near LA. $30M annual CF from TRCC. Activist investors NCM & Glenbrook pushing for better governance. CEO retiring, opportunity for new leadership. Focused development of Grapevine MPC could unlock value. $44/share NAV est. vs $16 price. Risks: entrenched board, slow development.
Read full article (14 min)