Professional
Added to YB: 2024-08-06
Pitch date: 2024-08-04
BOOM [bullish]
DMC Global Inc.
-45.98%
current return
Author Info
Special Situation Investments focuses on event-driven trades and low risk arbitrage opportunities with short term catalysts. Sign up for the newsletter.
Company Info
DMC Global Inc. provides various products and engineered solutions for the construction, energy, industrial processing, and transportation markets worldwide.
Market Cap
$126.0M
Pitch Price
$12.31
Price Target
24.00 (+261%)
Dividend
N/A
EV/EBITDA
5.95
P/E
-12.83
EV/Sales
0.62
Sector
Energy Equipment and Services
Category
turnaround
Special Situation Investments Portfolio Idea Update: DMC Global Inc.
BOOM: Q2 slightly above guidance despite softness. Strategic review ongoing, potential divestitures. $16.5 SteelConnect offer pending. Undervalued at $12.9, $24 PT. SOTP: Arcadia 8x, Dyna 6x, NobelClad 7x EBITDA. Dyna -55% Q2 earnings, industry downturn. NobelClad turnaround expected Q4, strong 2025. Risks: continued softness across segments.
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