CACI

Caci International Inc. - Registered Shares - Class A

TMT


Presented:05/03/2021
Price:$262.09
Cap:$6.61B
Current Price:$527.13
Cap:$11.76B

Presented

Date05/03/2021
Price$262.09
Market Cap$6.61B
Ent Value$8.36B
P/E Ratio16.06x
Book Value$106.97
Div Yield0%
Shares O/S25.23M
Ave Daily Vol242,796
Short Int8.05%

Current

Price$527.13
Market Cap$11.76B
CACI International, Inc. operates as holding company, which engages in the provision of information solutions and services in support of national security missions and government transformation for intelligence, defense, and federal civilian customers. It operates through the Domestic Operations and International Operations segment. The Domestic Operations segment offers information solutions and services to U.S. federal government agencies, state and local governments, and commercial enterprises to different market areas, including business systems, command and control, communications, cyber security, enterprise information technology (IT), health, intelligence services, investigation and litigation support, logistics and material readiness, and surveillance and reconnaissance. The International Operations segment includes the provision of IT services and proprietary data and software products, serving commercial and government customers. The company was founded by Herb Karr and Harry Markowitz in July 1962 and is headquartered in Arlington, VA.

Publicly traded companies mentioned herein: CACI International Inc (CACI), Perspecta Inc (PRSP)

Highlights

The presenter is long shares of CACI International Inc (CACI) and sees it as a way to play the next several decades of digital transformation of the U.S. federal and state governments which have lagged behind the private sector. Within its attractive market, he believes that CACI has an oligopoly that should drive MSD% topline growth and ~$21 FCF/share next year. CACI currently trades at $260/share, an 8.2% FCF yield that he considers cheap for a company with an attractive growth profile, modest leverage (<2x), and a strong management team that can utilize the balance sheet in interesting ways. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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