Added to YB: 2025-05-14
Pitch date: 2025-05-12
SGI [bullish]
Somnigroup International Inc.
+44.62%
current return
Author Info
No bio for this author
Company Info
Somnigroup International Inc., together with its subsidiaries, designs, manufactures, distributes, and retails bedding products in the United States and internationally.
Market Cap
$13.8B
Pitch Price
$64.82
Price Target
121.00 (+29%)
Dividend
0.91%
EV/EBITDA
20.35
P/E
44.18
EV/Sales
3.86
Sector
Household Durables
Category
growth
Somnigroup International Inc. - $SGI
SGI: Mattress kingmaker w/ MFRM acquisition creates vertically integrated powerhouse (42→76% slot opportunity). Trough on trough conditions w/ industry 8.4M units below trend. $100M+ synergies (likely $335M), 15x FCF valuation on depressed earnings. CEO Thompson proven share-taker. Path to $121/share by 2029 (19% IRR) as mattress industry recovers, driven by slot gains & synergies.
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