Widely swinging markets typically reveal new net/nets, and a "bigger" player (not saying much in net/net land), among the biggest we've seen in the past decade, just hit the radar:
Tech Data
Ticker: TECD
Price: $28.8
NCAV: $1.639 billion
Market Cap: $1.45 billion
Cash $468 million
Total Debt: $422 million
P/E: 10.7
This Clearwater Florida based company distributes hardware, software and networking equipment, and provides services such as training and technical support.
As always, do your own homework before taking a position in any company.
Disclosure: The author does not have a position in Tech Data.
Tech Data: A New Net/Net
Jon Heller, CFA, CFP® is a 25 year veteran of the financial services industry, with a background in equity fundamental analysis and publishing. His focus is on discovering special deep value situations such as companies trading below their net current asset value, or NCAV, or situations where there are undiscovered and/or undervalued assets. He shares his research with others via his blog Cheap Stocks (https://stocksbelowncav.blogspot.com/) . He launched KEJ Financial Advisors, LLC (https://www.kejfinancial.com/), a fee-only financial planning firm in 2008. Jon has an MBA from Rider University, where he has been an adjunct faculty member, and a BA in Financial Planning/Economics from Grove City College.