Force Protection, Inc. (FRPT)

Test small caps

Adding a few random stocks from a screen:
P/FCF<10
Debt/Equity<0.1
PEG<1
P/S<1

This stock has been beaten down badly recently mainly because of missing a potentially big government contract recently, however it continues to beat analysts estimates.

This stock has really been beat up - it's had a pretty rough year. But we're talking Defense spending for the U.S. The P/E is less than 8, which is pretty low, cash flow positive, still making money every quarter. And it's going to be getting more gov't contracts in the future. This stock is going to rebound.

Manufactures military vehicles that are blast-protected from IEDs, roadmines, etc. Military spending may decrease, but FRPT's products will remain important going forward if the US moves to a lighter, more mobile military. Reasonable valuation, reasonable entry point. Thanks to Vanamonde for the idea.

low pe and high rating

When you live and die by large government contracts it’s likely that that your stock is gonna get dinged every once in a while. (Yes, I know, ‘dinged’ doesn’t begin to describe the last 12 months for FRPT) Despite recently losing the M-ATV contract to Oshkosh (not by gosh) FRPT still has service contracts, an international sales pipeline, no debt, and some cash in the bank. The thesis here is that despite my latté drinking, sushi eating, east coast liberal, give peace a chance attitude, that war will continue to be a booming business and that even a small win in the contract game will result in a nice bump for Force.

I think the market has overdone it with this one.

They might have lost the bid, fundies still count for something.

good fundamentals

Good Valuation

mechanical value screen, no research

P/E ratio is very good at this price, also armed conflicts are inevitable in worlds in depressions...

emotional market. stock is too low.

great buy in point

This is a great growth stock IMO, I kicked myself over and over for not buying in with real money when I first started watching it at $2.10/shr from my broker site.

I can't believe it took as big of hit as it did over the one contract recently, but hey, thats when you add to the position.

Lots of cash on hand, no debt, still demand for their products and support, and stands a good chance of partnering up with OSK in the near future. Also, they look to be a good take over prospect. I hope not, because I believe they will grow on their own and prosper; but they are a take over prospect.

The low price to earning makes this stock worth a look today at $4.70.

Good balance sheet and at a good price due to a selloff for losing a contract to OSK.