Westpark
Long/short equity, value, growth at reasonable price, hedge fund analyst

Spectrum Brands: Significant FCF At A Discounted Valuation

Executive summary:

    Spectrum Brands is an unloved story by sell-side analysts, but one that has turned the corner and is starting to throw off massive amounts of free cash flow.Without any organic growth, the company will generate greater than $8 per share in FCF during fiscal 2015.SPB's recently acquired HHI segment, which accounts for 25% of revenue...
Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
WITH SEEKING ALPHA PRO, INVESTORS CAN ALSO:
  • Access Top Ideas, chosen by Seeking Alpha’s editors
  • Filter long and short ideas by market cap and sector
  • Get Coverage of over 5,000 stocks, many of which have little or no coverage elsewhere
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO." Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else." Patrick Rice, Mainstay Capital Management
100% Satisfaction Guaranteed
You are protected by the Seeking Alpha Money Back Guarantee and will get a prompt refund on the unused portion of your subscription at any time, for any reason.