Cal-Maine Foods, Inc. (CALM): A Deep Value Commodity Business

As part of our ongoing series at The Acquirer’s Multiple, each week we spotlight a stock from our Stock Screeners that may represent a deeply undervalued opportunity hiding in plain sight. This week’s spotlight is Cal-Maine Foods, Inc. (CALM) — the largest producer and distributor of shell eggs in the United States, operating a uniquely cash-rich, debt-free balance sheet and generating extraordinary free cash flow through the current egg pricing cycle.Business OverviewCal-Maine Foods is the leading U.S. pro ...