UNVR

Univar Solutions Inc

Industrial/Transportation


Presented:01/30/2020
Price:$22.06
Cap:$3.72B
Current Price:$36.14
Cap:$6.09B

Presented

Date01/30/2020
Price$22.06
Market Cap$3.72B
Ent Value$6.55B
P/E RatioN/A
Book Value$10.35
Div Yield0%
Shares O/S168.62M
Ave Daily Vol1,418,786
Short Int5.53%

Current

Price$36.14
Market Cap$6.09B
Univar Solutions, Inc. is a chemical and ingredients distributor and provider of specialty services. It operates thought the following businesses: Chemistry Distribution, Industries, Products, and Innovative Services. The Chemistry Distribution business is a global chemical and ingredient distributor, and value-added service provider. The Industries business serves a diverse set of end markets and regions around the world in a number of focus industries, such as personal care, food ingredients, energy, and pharma ingredients. The Products business provides a vast portfolio of over 4,500 chemical products to customers in a diverse range of industries. The Innovative Services business includes ChemCare, ChemPoint, Fort Storage, Global Supply Chain & Export Services, Magnablend, and Mini-Bulk. The company was founded by George van Waters and Nat Rogers on August 8, 1924 and is headquartered in Downers Grove, IL.

Publicly traded companies mentioned herein: Brenntag AG (BNR GR), Univar Inc (UNVR)

Highlights 

The presenter is long shares of Univar Inc (UNVR) based on expected synergies from the acquisition of Nexeo Solutions and a minor tailwind caused by low-single digit growth in chemical volumes. UNVR currently trades at 9x EBTIDA with a ~9% FCF yield, and has three turns of leverage.

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Idea Discussion

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