Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Chicago Rivet & Machine Co. (CRMC) is an active participant in the North American fastener sector. The company's business activities are organized into two primary divisions: Fasteners and Assembly Equipment. Within its Fastener segment, CRMC manufactures and supplies a variety of joining components, including traditional rivets, specialized cold-formed fasteners and parts, and precision screw machine products. The Assembly Equipment division focuses on producing automated machinery for setting rivets and other industrial assembly systems, alongside the crucial parts and tools required for these machines. CRMC's products are primarily marketed to companies within the automotive industry and their component manufacturers, with sales facilitated through a network of independent sales representatives. The company, which traces its origins back to 1920, maintains its corporate headquarters in Naperville, Illinois.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers.