Professional
Added to YB: 2025-01-24
Pitch date: 2025-01-23
KAR [bullish]
OPENLANE, Inc.
+39.86%
current return
Author Info
White Brook is a small/mid-cap investment manager that maintains a concentrated portfolio of 8-15 positions in companies valued between $1-18 billion, focusing on undervalued stocks with improving business fundamentals and holding them long-term. The firm follows an ethical investment approach, avoiding sectors like defense and companies with poor environmental or customer relations records. Sign up for the newsletter.
Company Info
OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in the United States, Canada, Continental Europe and the United Kingdom.
Market Cap
$1.9B
Pitch Price
$20.62
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.97
P/E
40.00
EV/Sales
2.43
Sector
Commercial Services and Supplies
Category
value
WBC Partners Position Overview - OPENLANE, Inc.
KAR: Strong 2024 execution w/ improved margins at low volumes. Expect continued market share gains & volume uptrend in 2025. Investor day highlighted undervalued financing business. Management may consider separation/sale if market fails to recognize value. Stock severely undervalued at current price.
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