Paul Mueller: Strong Q4 Results, Yet The Upside May Not Be Fully Priced In

Fernanda Galvez Jalil1.06K FollowersFollow5ShareSavePlay(7min)CommentsSummaryPaul Mueller delivered record Q4 results, with 33% revenue growth and a 59% year-over-year increase in backlog.MUEL’s core business is driving growth, while data center exposure remains purely optional and additive to performance.Capital allocation is disciplined: $17M in buybacks, minimal debt, and significant investment in a new manufacturing facility. owngarden/iStock via Getty Images Investment Thesis Note: This is an update to my previous article. Paul Mueller (MUEL) had a record fourth quarter with sales growth of 30% and a 59% year-over-year increase in backlog. Also, capital allocation remains shareholder-friendly while theThis article was written byFernanda Galvez Jalil1.06K FollowersFollowMy name is María Fernanda and I'm currently studying an MBA. My inspiration investors are Warren Buffett, Peter Lynch and Terry Smith, so I look for quality companies at a reasonable valuation. I believe that, in the long term, fundamentals are what drive the share price, so I look to predict what a business's earnings per share will do.Analyst’s Disclosure: I/we have a beneficial long position in the shares of MUEL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.