As a result of its unique business model it turns inventory at twice the industry average rate, yielding industry leading returns.
Its current market share of less than 1% creates a long runway to continue its rapid growth in a fragmented, but consolidating market.
Insiders are clearly confident about the company’s future; with management owning 75% of the company.
Even if the company’s growth slows from the 48% CAGR its sales have grown at since 2012 to 15%, at 4x Fwd earnings, the stock could be worth 4-times as much in the next 4 years.
The Equity Analyst 