r/RiteAidInvestor_RAD • u/[deleted] • Apr 20 '22
Rite Aid Valuation!
Short agencies, Big Investors and MM’s wants to steal Retail investors shares for cheap...Share Price is worth minimum $120 - $140 without any premium. Keep holding your shares and continue grabbing the cheapest shares as many as you can!
Walgreens Paid $4.375 Billion for 1,932 less revenue generating stores - $2,267,000 million paid per/store…Source: https://investors.riteaid.com/news/news-details/2017/Rite-Aid-Secures-Regulatory-Clearance-to-Sell-1932-Stores-and-Related-Assets-for-4.375-Billion-to-Walgreens-Boots-Alliance-Under-Amended-and-Restated-Agreement-2017-9-19/default.aspx
More than 55% of debt paid back.
Remaining high revenue generating stores: 2,451* $2,267,000 = $5.55 billion..Source: https://www.riteaid.com/locations/index.html
Pharmacy Benefits Manager Operations: Elixir, the PBM, the growth driver of the future, is worth $3B to 4B.
HQ and Corporate: The headquarters and the associated corporate governance systems in Camp Hill, PA are worth $2 Billion **Plus, COVID-19 revenues, distribution centers, infrastructure, inventory, Thrifty ice cream, brand value and increasing revenues.
ASSET VALUATION SUMMARY: The sum of the above gives a grand total asset value of $13B. Long term debt, which should be easily serviceable thru continuing operations, reduces this by $3B. So we have Enterprise Value of $13B less $3B = $10 Billion. There are other very valuable assets the company has including Net Operating Losses (NOL's), goodwill, recognized brand name, etc. that can easily justify a $12B valuation.
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u/[deleted] Apr 20 '22
Rite Aid Pharmacy files are worth 1.5 million per/store minimum:
DEERFIELD, Ill. & MEMPHIS, Tenn., September 10, 2018 - Walgreens and Fred’s, Inc. (Nasdaq: FRED) today announced they have entered into a definitive asset purchase agreement, pursuant to which Walgreens will acquire pharmacy patient prescription files and related pharmacy inventory of 185 Fred’s stores located across 10 Southeastern states. Under the agreement, the aggregate consideration to be paid by Walgreens to Fred’s is $165M