UPGI I got this email. It's a value NCAV stock. I don't have a position since I buy growth stocks but it's still interesting.
Name: Universal Power Group
Symbol: UPGI
Market: NASDAQ
As at March 31st, 2015.
NCAV: $19.22M (Excluding the special dividend and tax assets.)
Market Cap: $9.44M
NCAV/Share: $3.68 (Fully diluted.)
Price: $1.88
Price/NCAV: 51.1%
Burn Rate QoQ: 0%
Burn Rate YoY: 2% incr
Debt to Equity: 30%
Current Ratio: 2.56x
Qualitative: While the company has a Debt to Equity ratio that is a bit higher than I would like, it has halved this ratio over the previous 3 or 4 years. That's fantastic. The balance sheet is getting stronger and the firm's NCAV is stable. The firm also profitable and just distributed a $0.10 per share dividend to investors as of May 27th, 2015. Management also owns a good chunk of the shares.
I've owned Universal Power Group for a about 10 months and am up 25%. Despite that, I'm still expecting a 100% increase from today's price within 2 years. Management seems to be moving the business in the right direction. Despite that, the market hasn't really recognized the improvements so the stock is sitting slightly lower than it was in 2012.
While I won't predict where the stock price will go, this company has a great mix of characteristics that makes substantial investment gains highly likely.
