Blue jeans maker Levi Strauss & Co. (LEVI) is expected to IPO on Thursday, March 21. At the midpoint of the IPO price range, LEVI currently earns a very attractive rating. This report aims to help investors sort through Levi Strauss’ financial filings to understand the fundamentals and valuation of this IPO. Investors that just look at GAAP net income will miss the significant growth in LEVI’s business in 2018. My Discounted Cash Flow Model Reveals LEVI Has UpsideAt the midpoint of LEVI’s IPO range – $15/share – the stock has a price to economic book value of 1.1.

Source: Forbes March 21, 2019 13:07 UTC