No. of Recommendations: 8
To those of you who remember this ticker from the old Fool boards you may recall that this is another potential value acorn that Jim uncovered.
BFH is a private label credit card isuer that acquired a BNPL business a few years ago in an effort to stay relevant to milennials and gen z
The 1 year (down 30%) and 5 year (down 80%) charts are terrible.
Some metrics
PE 3 (gapp and non gaap); P/B .5; ROE 19%; NIM 18%. Yield 3%
The latest investor presentation issued in May at the time of the last earnings announcement might lead a fella to believe that the business is doing just fine and moving in the right direction:
s28.q4cdn.com - Investor Deck FINALBased on past performance I assume that this is the proverbial value trap, but would love to be convinced otherwise.
Jim, or anyone else?
rivervalley
PS - Have appreciated the discussion of DG both here and on the Falling Knives board. Have built up a 1.5% position over the last few days....
Thanks again to Manlobbi for creating this forum...
