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.


Disclosure:Wax Ink is a baseline equity research company not licensed or registered with any government agency and has no position in any stock mentioned..
For use by Accredited Investors as defined under Title 17, CFR §230.500, Regulation D. – Copyright © 2014 Wax Ink