Research Vault

  • About 80% of Pernas Research's Initiation Reports are “buy” and the rest are "neutral"
  • All Initiation Reports have the price at initiation and upside potential listed
  • Bias towards small and mid capitalizations; Sector agnostic; About 90% U.S. & 10% Foreign names
  • Each "buy" will have a position size between 5%-15% in the Pernas Portfolio

(NYSE:FC) Franklin Covey: An Undervalued Brand With An Overlooked SAAS Segment

The market has punished Franklin Covey’s (NYSE:FC) stock price, sending it tumbling 50% YTD. Given its solvency and growing SAAS segment, FC has about 100% upside to its valuation today. Background Franklin Covey is a leader in the highly fragmented L&D (Leadership and Development) corporate training industry. It is best known for content such as The 7 Habits of Highly Effective People. On average, roughly $100 billion is spent on external providers such as FC per year. This is set to grow by 13% CAGR for the next four years.…