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Booz Allen Hamilton

Texas (12/26/2013) – Booz Allen Hamilton Holding Corporation (NYSE: BAH) – Negative Investment Interest based on a recent price of $18.62 and a fair value estimate of $4-$9.

The company is a strategy and technology consulting firm, provides management and technology consulting services to the U.S. government in the defense, intelligence and civil markets. In other words, it’s a cover company for the NSA.

In my opinion the stock is overvalued at $4.00. With y-o-y debt growth of 73%, y-oy- free cash flow growth of (-284%), 48% of total assets made-up of goodwill and intangibles, and estimated future earnings growth of (-11%), there is simply is no reason to own this stock.

Wax

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