FYBR

Frontier Communications Parent Inc

TMT


Presented:10/28/2021
Price:$31.07
Cap:$7.59B
Current Price:$35.71
Cap:$8.89B

Presented

Date10/28/2021
Price$31.07
Market Cap$7.59B
Ent Value$12.48B
P/E Ratio1.64x
Book Value$17.38
Div Yield0%
Shares O/S244.40M
Ave Daily Vol1,779,941
Short IntN/A

Current

Price$35.71
Market Cap$8.89B
Frontier Communications Parent, Inc. provides communications services for consumer and commercial customers. It offers data & internet services, video services, voice services, access services and advanced hardware & network solutions. The company was incorporated on February 24, 2021 and is headquartered in Norwalk, CT.

Publicly traded companies mentioned herein: Frontier Communications Parent Inc (FYBR), Verizon Communications Inc (VZ), Vodafone Group PLC (VOD)

Highlights

The presenter is long shares of Frontier Communications Parent Inc (FYBR), which is the post-bankruptcy reorganized equity of a legacy telecom player undergoing a major transformation from copper to fiber. On the back of a new management team and the completed reorganization, he is confident in FYBR’s transformation to fiber passings, which earns a stronger multiple in the market than copper. Looking forward a couple years, he uses a SOTP valuation on the fiber and copper assets and sees a path to $60+, which would be roughly a double from the current $31 share price.

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Idea Discussion

Commentor 1 - 2 weeks ago

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