Ethan Allen: More Profitable And More Undervalued
Ethan Allen(ETD) Seeking Alpha·2024-08-17 04:18
helen89 Interior designer, Ethan Allen Interiors (NYSE:ETD) is a stock I have previously covered, and which continues to display very strong economics, with core profits compounding by over 45% a year, the firm generating economic earnings of $163.22 million and free cash flow of $389.15 million, and earnings rising returns on capital. Moreover, the firm's free cash flow has a yield of 10.97%. Yet, the firm trades at a 23% discount to its intrinsic value. What's Changed and What Was My Thesis? I am revisiti ...