GSM

Ferroglobe Plc

Industrial/Transportation


Presented:02/17/2021
Price:$3.24
Cap:$0.55B
Current Price:$4.53
Cap:$0.85B

Presented

Date02/17/2021
Price$3.24
Market Cap$0.55B
Ent Value$0.45B
P/E RatioN/A
Book Value$2.86
Div Yield0%
Shares O/S169.16M
Ave Daily Vol2,994,808
Short Int0.99%

Current

Price$4.53
Market Cap$0.85B
Ferroglobe PLC is a holding company, which engages in the production of silicon and specialty metals. Its products include silicon metal, silicon-based alloys, and manganese-based alloys. It operates through the following segments: Electrometallurgy-North America, Electrometallurgy-Europe, Electrometallurgy-South Africa, and Other. The company was founded on February 5, 2015 and is headquartered in London, the United Kingdom.

Publicly traded companies mentioned herein: Dow Inc (DOW), Ferroglobe PLC (GSM)

Highlights

The presenter is long shares of Ferroglobe PLC (GSM), the dominant western world producer of silicon metal and ferroalloys. He expects the company to benefit from three factors: 1) the company is in the process of effectuating an out of court balance sheet restructuring, 2) operational restructuring initiatives, and 3) positive structural and cyclical tailwinds. If management can execute, he believes the company should be able to demonstrate a path toward generating $500MM of EBITDA over the next two years. Applying a 6x multiple to that $500MM, the stock would be worth $15/share, representing ~350% upside from the current price of ~$3.30/share. 

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.