NPK CN

Verde Agritech Plc

Industrial/Transportation


Presented:02/18/2022
Price:CA$5.81
Cap:$0.23B
Current Price:CA$0.63
Cap:$0.03B

Presented

Date02/18/2022
PriceCA$5.81
Market Cap$0.23B
Ent Value$0.05B
P/E Ratio238.11x
Book ValueCA$0.50
Div Yield0%
Shares O/S50.38M
Ave Daily Vol143,158
Short IntN/A

Current

PriceCA$0.63
Market Cap$0.03B
Verde AgriTech Plc engages in the production and sale of a multinutrient potassium fertilizer marketed in Brazil. It operates under K Forte and Super Greensand brands. The company was founded by Cristiano Botelho Veloso in 2005 and is headquartered in Belo Horizonte, Brazil.

Publicly traded companies mentioned herein: Verde Agritech PLC (NPK CN)

Highlights

The presenter is long shares of Verde Agritech PLC (NPK CN), a UK based agriculture technology company that operates in Brazil. Its share price has already doubled from C$3 in January to its current C$6, equating to a market cap of C$300MM ($235MM), but the presenter views the valuation to still be very attractive relative to its expected growth. NPK has had high volume growth, selling 400k tons of its potash product last year, up 64% from 2020, and is projected to sell 700k tons by the end of this year. With the mining permits and environmental licenses to support larger scale operations, the company is well positioned to take advantage of rising spot prices for potassium oxide.

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Idea Discussion

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