Active Network, Inc.

Thesis

Active Network, Inc. is substantially undervalued against its peers despite having higher quality earnings, as evidenced by its higher EBITDA margin of 7% compared to the peer average of 2.9%. The company is expected to see EBITDA expansion and improved management, which will catalyze stock appreciation. A reduction in R&D expenses following the implementation of cloud-based Active-Works is projected to result in a 23-33% increase in EBITDA.

Did it work?

Not yet analyzed

No outcome has been scored for this pitch yet, so there's no verdict to show.