Thank you for the write-up. I come across Mastercraft like 2 times a year and are tempted each time.
How do you get to the FCF yield? If I look at the numbers, FCF LTM basis looks roughly like $50m, which gets you to c. 15% yield. Which is still not bad...
Nice write-up, enjoyed reading it. Thanks.
Thank you!
Thank you for the write-up. I come across Mastercraft like 2 times a year and are tempted each time.
How do you get to the FCF yield? If I look at the numbers, FCF LTM basis looks roughly like $50m, which gets you to c. 15% yield. Which is still not bad...