Alaris Royalty Corp ALARF

Under valued

[gvixid]

After the latest partner was added in November we rose to $19, then over the next 6 weeks we dropped back to 16-17 for no material reason. Stock is trading at book value, which corresponds to 9x earnings. Ridiculously undervalued by any metric compared to its peers. We need multiple expansion to rise back to normal levels, but market still won't buy the story after 3 years in the penalty box. Management has cleaned up the dirty files and is adding solid partners that are accretive to revenue. Balance sheet is the best it has been in years. Something doesn't add up