Ammo, Inc's Upcoming Spin-Off Of Its Ammo Manufacturing Business Presents A Value Opportunity
October 28, 2022 at 11:59 AM EDT
Ammo expects to spin off its ammo manufacturing business, leaving its fast-growing gun auction/marketplace business. POWW is cheap at 13.1x forward earnings and less than 4x EV/Adj. EBITDA. Also, the preferred stock yields 8.73%.
