Greatbatch, Inc. (NYSE:GB)

CAPS Rating: 3 out of 5

The Company is a developer and manufacturer of critical components used in implantable medical devices and other technically demanding applications.

Recs

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Player Avatar rd80 (98.18) Submitted: 6/28/2007 8:01:18 PM : Outperform Start Price: $32.77 GB Score: +11.25

Pulled this one off the 'needs more picks' list.

Company has a market cap of $730 million, fwd PE of 19 and PEG of ~0.8. EV/EBITDA of 11 based on ttm. If they hit earnings estimates going forward, that will drop well into the range where someone might look at buying the company. The Key Stats page shows $225 mil in cash and $240 mil in debt, minus $96 mil for a recent acquisition leaves ~$125 mil in cash.

Greatbatch designs and manufactures electrical components with two business segments, Implantable Medical Components (IMC) and Electrochem Commercial Power (ECP). IMC makes components for implantable medical devices, ECP makes stuff for commercial applications "including oil and gas exploration, pipeline inspection, telematics, oceanography equipment, seismic, communication, military, and aerospace applications" according to the Yahoo GB profile page. All of those sectors are all going strong. If you don't know what 'telematics' is, you can google it like I did :)

Member Avatar rd80 (98.18) Submitted: 12/1/2008 7:51:52 AM
Recs: 0

Not following this any longer and the market fell far enough to get out with points and accuracy.

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