Added to YB: 2024-03-14
Pitch date: 2024-03-13
NNI [bullish]
Nelnet, Inc.
+53.98%
current return
Author Info
Company Info
Nelnet, Inc. engages in loan servicing, education technology services, and payment businesses worldwide.
Market Cap
$4.6B
Pitch Price
$86.98
Price Target
189.00 (+42%)
Dividend
0.93%
EV/EBITDA
N/A
P/E
10.85
EV/Sales
N/A
Sector
Consumer Finance
Category
value
Our Bet on the Next Berkshire Hathaway: Nelnet, Inc. - $NNI
NNI: Nelnet’s NBS could match co's value due to strong cashflow & market share. '23 rev $500M, op earnings $91M, potential 25% margin. Diversified Services resilient, even with fed loan changes, $80M EBT. BFS faces FFELP run-off & interest risk. Solar arm wobbly with $21M goodwill write-off. Allo Comm stake high but debt-laden. VC portfolio robust with Hudl. Segments could total >$10B value vs $3.2B mkt cap. Management's transparent, long-term play.
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