The Company and its subsidiaries are principally engaged in the sale of books, magazines and related items through a chain of retail bookstores. It operates two reportable segments: retail trade and electronic commerce trade.
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
I don't know if this is deeply undervalued, or just a cigar butt. Either way, it's tough to turn down a stock selling at half of net tangible assets while the company still turns a profit. Books-A-Million also doesn't have the debt burden that killed Borders.Book stores are on the decline, but I don't think they'll completely disappear.
Although they don't have a lot of debt the $144 million of net minimum rent expense does add significant off balance sheet leverage. May do well at this price but I'd still say its a risky bet.