Stock Idea…Intertape Polymer Inc

Stock Idea…Intertape Polymer Inc

Symbol : ITP

Exchange: TSX

Market Cap : 1.1 Billion

Revenue : 928 Million
Three Year Revenue Growth : 14.8 %
Investment Type : Mid Cap Value/Growth

Price/Earnings : 13.2

Forward P/E : 13.1

Price/Book : 3.2

Price/Sales : 0.9

Price/Cash Flow : 9.9

Price : 18.13
Investment Stem : Cheap Small Cap Screen 2
                                Galibier Canadian Equity Pool

Intertape Polymer Group Inc manufactures and sells a variety of packaging products. The firm's primary product categories include tapes, films, and woven coated fabrics. The company's tapes include pressure-sensitive and water-activated carton sealing tapes, and flatback, duct, double coated, foil, electrical, and filament tapes. Intertape's film products include stretch wrap, shrink film, air pillows used for protective packaging, and packaging machines. The woven coated fabrics include building and construction products and specialty fabrics. The majority of revenue comes from the United States.

The dreaded metrics from Morningstar…

http://quote.morningstar.ca/Quicktakes/stock/keyratios.aspx?t=ITP&region=CAN&culture=en-CA&ops=clear

Article from Seeking Alpha on the company as per Jan 2017

https://seekingalpha.com/article/4036611-intertape-polymer-group-turnaround-roll

The company’s website…

https://www.itape.com/

Intertape Polymer Group Inc. is a recognized leader in the development, manufacture and sale of a variety of paper and film based pressure-sensitive and water-activated tapes, polyethylene and specialized polyolefin films, woven coated fabrics and complementary packaging systems for industrial and retail use. Headquartered in Montreal, Quebec and Sarasota, Florida, the Company employs approximately 2,600 employees with operations in 19 locations, including 13 manufacturing facilities in North America and one in each of Europe and Asia. 

Showed up on my 2^nd cheap small cap screen…currently making acquisitions for the future. Recently gave guidance for 10% revenue growth and 15% earnings growth in 2018. They have a 5-7-year plan to double earnings. Good cash flow with a dividend yield of 3.93 percent. Have some good institutional backing. Appears to offer good value over the long term and that's the only timeline that matters to me.