Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Even With A Pullback, Amira Nature Foods Not A Value Story

I've been pretty bullish on Amira Nature Foods (NYSE:ANFI) over the past 18 months (writing here and here), and the shares have definitely not been dull. While the company has posted very strong year-over-year revenue growth, backed with double-digit growth in volume and pricing, Amira has yet to convince everyone that this is a sustainable growth story. If the short interest reported on the Yahoo! Finance page for Amira is accurate, this is going to be a wild stock into earnings later this month. Leaving aside the near-term pyrotechnics, I don't see as much long-term value in the shares but short-term EV/EBITDA could offer more support to those looking for growth stories in the food sector.

Rising...

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