1x EV/EBITDA and 2x P/E (ex-cash) is a valuation you would expect to see of a company with serious problems.  But what if I told you this company has grown sales and profits in each year for the last 3 years in a row?  Current dividend yield is around 7.5% which is a level you would expect of a company whose dividend is at risk.  But what if I told you that free … [Read more...]