Jul. 3 at 10:53 AM
$PLCE
We just need net income. Take your pick.i believe that at least 10$ is on the radar one year from now.
Modest Recovery (
$10M Net Income):EPS:
$0.45 per shareImplied Price Range:
$7.46 to
$10.34 (Sector Average: ~
$8.90)
Historical Margin Normalization (
$39M Net Income):A Substack Retail Valuation Report points out that PLCE has a 10-year historical average net margin of ~3%. Applying this to its current
$1.18B revenue base generates
$39M in net profit.EPS:
$1.75 per shareImplied Price Range:
$29.11 to
$40.33 (Sector Average: ~
$34.72)
Strong Cyclical Turnaround (
$100M Net Income):Prior to modern supply chain shocks, PLCE regularly eclipsed
$100M to
$180M in annual net profits.EPS:
$4.50 per shareImplied Price Range:
$74.64 to
$103.42 (Sector Average: ~
$89.03)
