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.


Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"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
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details