Despite Hitting A 52-Week Low, Fuel Systems Solutions Is Overvalued By 55% - 60%
- Fuel Systems Solutions set a 52 week-low mid-day on Monday of $8.77 per share.
- Q2 revenue declined 21% Y/Y and the company trades at 21x trailing 12 months EBITDA.
- Based on a valuation of $3.28 - $4.10 the stock is still overvalued by 55% - 60%. I rate the stock a short.