11x Earnings, 34% Margins and a Monopoly Position

Good morning,

Today’s idea is a market gatekeeper operating with monopolistic characteristics and 30%+ free cash flow margins.

Despite this attractive profile, the company has seemingly gone under-the-radar with few recent mentions of this company on social media or other investment blogs.

What we like most about this company are its increasingly diverse revenue streams which should help deliver a higher multiple in time.

Trading at a mere 11x P/E (while peers command multiples several turns higher) we estimate an initial 40% upside target based on modest assumptions.

Let’s dig in…