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📈   The Interpublic Group: Cheap Cash Cow And Advertising Player

Finance

The Interpublic Group of Companies, Inc. (NYSE:IPG) recently delivered better than expected EPS GAAP, and continues to report stock repurchase programs to enhance the value of the stock. After delivering positive free cash flow for over ten years thanks to successful acquisitions, I would expect further growth thanks to new data management capabilities and investments in technology. Different valuation models including reviewing precedent transactions and a discounted cash flow model with conservative assumptions indicated a fair price between $56 and $43 per share. In any case, today, I think that the company trades undervalued at close to 10x Non-GAAP TTM earnings.

seekingalpha.com     Jul 31, 2024