Seeking Alpha:
- Caldwell is a tiny executive search company that is profitable, has a resilient balance sheet, strong capital allocation, and is growing internationally.
- When stocks are this cheap the best catalyst, in our experience, is time. The 8% dividend doesn’t hurt either.
- We think this stock should be trading 50% above its current level, and even then it would be an attractive investment.
Caldwell Partners (OTC:CWLPF) has been growing sales at a 14% CAGR for the past decade, has 75% of its market cap in cash, no debt, and trades on an LTM P/E net of cash of just 3.3x (EV/EBITDA around 2.9x). Want more?
