Added to YB: 2023-08-15
Pitch date: 2023-08-15
LWAY [bullish]
Lifeway Foods, Inc.
+168.24%
current return
Author Info
Clark Square Capital is a former equity analyst and now a full-time investor managing their own capital. Sign up for their newsletter
Company Info
Lifeway Foods, Inc. produces and markets probiotic-based products in North America. The company’s primary product is drinkable kefir, a cultured dairy product in various organic and non-organic sizes, flavors, and milk types.
Market Cap
$361.1M
Pitch Price
$8.28
Price Target
14.00 (-37%)
Dividend
N/A
EV/EBITDA
18.59
P/E
34.52
EV/Sales
1.55
Sector
Food Products
Category
special_situation
Three-minute pitch #1
LWAY: US Kefir category leader at 6x EBIT / $7.73. Q2 GM +700bps seq, EBIT run-rate ~$20m on ~$115m EV. Undergoing strategic review (Kroll hired) amid family feud—Julie 17%, mom/brother 31%, Danone 20% wildcard. Cost-cutting upside. PT ~$14 (15x P/E). Risks: poor mgmt, no sale, milk inflation.
Read full article (3 min)