Professional
Added to YB: 2025-04-24
Pitch date: 2025-04-22
ACNT [neutral]
Ascent Industries Co.
+3.59%
current return
Author Info
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Company Info
Ascent Industries Co. engages in the development, production, and distribution of specialty chemical solutions.
Market Cap
$126.0M
Pitch Price
$12.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
-91.86
P/E
-22.95
EV/Sales
1.10
Sector
Chemicals
Category
N/A
Pernas Research Passes On: Ascent Industries Co.
ACNT PASS: Small-cap ($128mm) with 2 segments: declining steel tubing (6yr rev drop) & growing specialty chemicals (6.9% CAGR). Despite potential tariff benefit, management plans to divest steel assets. Challenging to value remaining chemical business. Trading at 36.5x EV/EBITDA ($12.7/share).
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