Added to YB: 2025-04-11
Pitch date: 2025-04-09
NEO.TO [bullish]
Neo Performance Materials Inc.
+157.51%
current return
Author Info
No bio for this author
Company Info
Neo Performance Materials Inc. engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in China, Japan, Thailand, South Korea, North America, Europe, and internationally.
Market Cap
CAD 479.9M
Pitch Price
CAD 8.30
Price Target
30.00 (+40%)
Dividend
2.53%
EV/EBITDA
9.10
P/E
-74.34
EV/Sales
1.04
Sector
Chemicals
Category
special_situation
Neo Performance Materials (TSX: NEO)
NEO.TO: Rare earth processor at 3.2x EBITDA, 5% yield. Strategic asset outside China. New CEO improved ops, sold bad assets. $125M capex projects near completion, adding $20M+ EBITDA. Strategic review ongoing. Huge upside if China-West trade war escalates, as seen in 2010-11 when EBITDA jumped 7x.
Read full article (11 min)