ACCO Brands Returns to Profitability Despite One-Off Loss, Challenging Discount Narrative.

ACCO Brands has returned to profitability with earnings forecast to grow 44.1% annually, despite a $15.1 million one-off loss. Revenue is expected to increase 1.5% per year, slower than the market's 10.3%. The stock trades at a price-to-earnings ratio of 8.3x, significantly lower than peers and the industry average. Despite material valuation discount, profit margins are forecast to rise from 2.9% to 7.0% by 2026, driven by a $100 million cost reduction plan and supply chain modernization.