Ingles Markets: Expansion Plan, Quite Undervalued [Seeking Alpha]
Ingles Markets, Incorporated - Class A (IMKTA)
US:NASDAQ Investor Relations:
ingles-markets.com/corporate/investor-relations
Company Research
Source: Seeking Alpha
Follow Summary Ingles Markets Inc. plans to expand and renovate stores, which is expected to drive economies of scale, net sales, and FCF growth. The company has shown impressive equity growth, book value per share growth, and reduced net debt over the past decade. The company's long term expertise in the market, net income growth, and equity growth experienced in the last decade prove that IMKTA conducts a successful business model. Despite these risks, IMKTA's strong FCF generation and undervaluation suggest significant upside potential, with a target price of $112 per share. Images By Tang Ming Tung Ingles Markets, Incorporated ( NASDAQ: IMKTA ) announced an expansion plan to add new stores, and is making significant capital expenditures , which will most likely bring significant economies of scale and FCF growth. If we review the company's previous balance sheet in the last 10 years, IMKTA delivered impressive equity growth and book value per share growth. In my vie
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News
- Ingles Markets, Incorporated (IMKTA): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Calculating The Intrinsic Value Of Ingles Markets, Incorporated (NASDAQ:IMKT.A) [Yahoo! Finance]Yahoo! Finance
- Ingles Markets, Incorporated Reports Second Update on the Impact of Hurricane HeleneBusiness Wire
- Ingles Markets: Hurricane Helene Won't Make Things Easy [Seeking Alpha]Seeking Alpha
- Ingles Markets, Incorporated Reports Update on the Impact of Hurricane Helene [Yahoo! Finance]Yahoo! Finance
IMKTA
Sec Filings
- 10/29/24 - Form 8-K
- 10/3/24 - Form 8-K
- 9/30/24 - Form 8-K
- IMKTA's page on the SEC website