Must-know: EnviroStar’s valuation and trading multiples
EnviroStar exhibits an attractive earnings yield of 18.9%. P/E multiples do not give credit to the substantial amounts of cash on hand.
Why commercial and industrial laundry businesses continue to grow
The company is not covered by sell-side analysts and is thinly traded. EnviroStar is a business with superb economic characteristics and is trading at reasonable valuations.