A fast-growing, under-the-radar (30% ROIC) serial acquirer trading at a P/E of 10
Too good to be true
I admit it.
I have an addiction.
It’s those damn protein shakes.
They are popping up everywhere I see.
Is it me? Or is my reference frame out of whack?
You know, when you finally decide to change to a new car. And your wife says: Hey, this time we should go for a Honda Passport.
A what?
Never heard of it.
And then suddenly, everywhere you look, you see all those Hondas riding in front of you that you never noticed before.
Or maybe it’s because I’m a diabetic. (Don’t feel sorry for me. I’m a lot healthier, thanks to it. But still, one must avoid sugar and consume protein.)
In typical Lynch style, it so happens there is a company growing like nuts that sells protein powder, and a whole slew of other products.
Buy fast growers ✅
Buy something close to you. ✅
Buy something you can understand ✅
Mr. Lynch would be proud.
And for the record, this is not a turnaround. It’s a high-quality small company with lots of growth levers for the future that I think can double in the next 3-5 years.
Here are some more stats:
Revenue growth of 20% +
Cash flow from operations growth at 57% 3-Y CAGR
Generating free cash flow at a 15% margin and reinvesting heavily
This deep dive is structured in the following way:
Time to dive in ⬇️