Harvard Financial Analysts Club
Long only, deep value, special situations, contrarian

Greystone Logistics: An Undervalued Stock With Considerable Optionality

Greystone Logistics (GLGI) is an undervalued, overlooked security with a significant margin of safety and the potential for enormous upside at current price levels due to continued top-line growth.

Written by Nathaniel Casey with additional contributions from Danny Zhuang, David Freed, Anita Xu, Jared Cowan, Anni Cai, and Le Kang


Greystone Logistics, a microcap manufacturer of plastic shipping pallets, is one of the most appealing investments I have seen. With a price to earnings ratio less than 6 and an enterprise value to EBITDA at 6.28, investors are currently writing off the company as a risky, debt-ridden enterprise that relies too heavily on one key customer. However, we believe that GLGI's business, backed by its quality products

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