Professional
Added to YB: 2025-04-25
Pitch date: 2025-04-22
ACNT [neutral]
Ascent Industries Co.
+21.56%
current return
Author Info
Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.
Company Info
Ascent Industries Co. an industrials company, produces and sells stainless steel pipe and tube, and specialty chemicals in the United States and internationally.
Market Cap
$138.6M
Pitch Price
$12.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.14
P/E
-47.34
EV/Sales
0.60
Sector
Metals and Mining
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).
Read full article (1 min)