Q: What are your thoughts about CPKR's most recent results and their prospects going forward. What is the free cash flow yield and PE ratio
5i Research Answer:
It was the company's first quarter as a public company and the results looked steady which is what you want for a first report. CPKR reported processing volumes up 3.7% and adjusted EBITDA up 37%. They announced the quarterly dividend of $0.23 which they hope to increase over time and was a bit higher than analysts were expecting. This works out to about a 5.7% yield at current prices. The company benefitted from increased pork values as well. It looked like a down the fairway type of quarter for a first report.