IDT Corporation: Solid Performance Fueled By Its Growth Businesses

Sandeep Nital David
420 Followers
(9min)

Summary

  • Its high growth businesses are showing outstanding profitable growth.
  • Shares trade at a large discount to intrinsic value, with further upside likely if one of its high growth businesses is spun off.
  • Meanwhile, management is returning capital to shareholders through dividends and share repurchases.
Cash Register On Wooden Table In Pharmacy With Blurred Medicine Shelves Background

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Investment thesis

IDT Corporation's (NYSE:IDT) three high growth businesses continue to perform exceptionally, and are becoming significant contributors to the company's overall results. Its growth businesses have the potential to be significantly more profitable than its traditional telecommunications business. IDT has a

This article was written by

420 Followers
An individual investor primarily focused on undercovered companies, with more than 50 companies on my watchlist. My areas include technology, software, electronics and the energy transition. I have been investing my personal capital for over 7 years in a broad range of companies globally. Through my years of analyzing countless companies, I have accumulated professional investment experience within my circle of competence. I have a Masters degree in Electrical Engineering and currently work as an automotive battery RnD engineer in Sweden. My write-ups on SA are a good way for me to layout my investment thesis on companies and receive feedback from the broader investing community. I enjoy diligently studying and researching small to mid cap companies which are often researched to a lesser extent by others. Through my analysis of numerous companies, I seek to identify asymmetric investment opportunities with the goal of achieving market beating returns.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of IDT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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