Ascena Retail Group Inc fka ASNAQ

[RyGuy]

Feel like I'm preaching to the choir.

$ASNA I still believe the current market value of the company is absurdly low...

https://docs.google.com/spreadsheets/d/1vMlcfFTCfGTRBYH4MZoXu4sVxYfh4gj8iM_gnyN7E4M/edit?usp=sharing

If comparing Enterprise Value/Sales to Ascena's 5 lowest peers, the Average of EV/S value of Cato Corp, Stage Stores, Christopher & Banks, Stein Mart, and Citi Trends (CATO, SSI, CBKC, SMRT, CTRN) is 0.44. Stein Mart as an example is 0.49

Stein Mart was in much worse financial shape with only $12 Million cash remaining and a total debt/sales percentage of 46.24% in comparison to ASNA's total debt to sales of 42.81%

ASNA currently has an EV/S value of 0.39. If applying a 0.44 EV/S value to Ascena we would have a $35 ASNA share price.

Similary if using the 5 lowest peers P/S ratio of Stage Stores, Stein Mart, Christopher & Banks, Francesca's, and Tailored Brands (SSI, SMRT, CBKC, FRAN, TLRD) the average P/S ratio is 0.045.

ASNA currently has a prices to Sales Ratio of 0.008. If applying the a P/S ratio of 0.045 to ASNA we would have a $24.93 share price.