Outdoor Channel Holdings, Inc. (NASDAQ:OUTD)

OUTD is one of the many specialist media companies which have no way to turn any significant profit.

I am still optimistic about this Company.

When Roger Werner joined as CEO way back in 2006 his mission was to increase distribution. That has not happened, as the Nielsen estimate is still around 30 million. Even the organic growth that could be expected from just subscriber increases on existing affiliates has not had a meaningful impact.

Unfortunately, as a result hundreds of millions in shareholder equity has been wiped out. The current market cap of $100m is a third of what it was in 2006.

However OUTD is an attractive acquisition target, and the recent price is getting low enough to make it attractive to a bargain hunter

A lousy product market and years of erratic but unmistakable price decline makes this one of the more reliable trains to the bankruptcy court.

You should just be able to look at the fundamentals here and know that it is going downhill fast. But compile that with the fact that it is a channel with such a limited audience that I can't see growing, and you have a stock running into the ground.

See you at the bottom!

Following the leader(s).

I just love a P/E ratio of 171. It's like paying Nieman Marcus prices at the Goodwill! What a deal! And cash flow and net income are negative for 2006. Sounds like a weiner!

What's to say about valuation? It's a tiny niche operator with essentially no assets and no way of distinguishing itself.

This company is grossly overvalued. 171 PE? are you kidding? it's a frickin' niche cable channel, a niche that isn't on a high growth fast track.

This company may be healthy but with a eps of -0.18 not a nice number but taken in the right direction it may have an average growth potential and may be profitable. My advice is to be careful,and keep an eye on things with this company.

Following eldrehad from his 02/23 pick

The P/E and FCF are completely out of whack. This stock is due for a correction just because it is completely overvalued.

Valuation vs. revenue (much less vs. earnings) is almost unbelievable. These folks occupy a tiny, tiny niche in broadcasting.

As nearly everybody else has cited, the 179.29 P/E is just out of whack. It isn't a great play for a growth player, so I don't know what could catalyze an increase in price at this point... looks like all risk / no reward.

Much as the fact that everyone was thumbs down wanted to make me say "It's a too bad to be true", it still looks bad.

Nitch markets are great, but you have to play like you know that's what your in. These folks seem to have way too much debt. Heading south.

P/E @ 197. JFC! EPS is .07. Even if this was expected to grow by 80% for the next five years and a steady 2% growth perpetually, compared to a 10% S&P benchmark, this stock is still overvalued by AT LEAST a buck. Also, did I fail to mention I did this calculation with an 80% growth rate? We are not 2 years away from negative earnings...80% growth...still overvalued? This thing's going down.

Yowzer! A P/E of 200, business ain't producing nearly enough to cover the company's needs, terrible margins, not much is going for the company. I highly doubt a strong earnings release will be coming to make the valuation more reasonable, and that's why I think a price drop is in order.