Successful divestiture of non-performing assets
Monetization of operations at premium valuation metric
New capital through both public and private equity offerings
Acquisition of strategic operation at deep value
Anticipated shift to net profitability in current year
Unique as a public manager of an acquisition portfolio, 1847 Holdings (EFSH: NYSE) is building a collection of strategic operations. We were first introduced to the Company in November 2024, when leadership had just announced an agreement to acquire CMD, Inc., a cabinetry, millwork and door manufacturer, at a compelling purchase price. Growing and profitable, the cabinet maker showed promise to revamp the Company’s financial profile.
Recently, we checked in with the 1847 team to catch up on the Company’s progress over the last four months since we first concluded the stock was trading at a deep discount to its portfolio. Besides closing on the CMD acquisition, management has taken other actions lend to the Company’s worth. Fundamental developments held up against the current price in the mid-teens, the stock still appears remarkably undervalued. Investors looking for a bargain would do well to review the most recent advances.
