Added to YB: 2025-05-28
Pitch date: 2025-04-10
NEO.TO [bullish]
Neo Performance Materials Inc.
+94.33%
current return
Author Info
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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 526.9M
Pitch Price
CAD 8.35
Price Target
N/A
Dividend
2.25%
EV/EBITDA
9.93
P/E
-81.62
EV/Sales
1.13
Sector
Chemicals
Category
growth
Neo Performance Materials Inc. - $NEO.TO
NEO.TO: Strategic rare earth processor (85% non-China) at 3.2x EBITDA with 5.1% dividend yield. New CEO improved ops, selling worst assets for 11x EBITDA. $125M invested in NAMCO/Estonia projects just finishing, adding $20M+ EBITDA. Strategic review ongoing. Trade war upside: 2010-11 precedent saw EBITDA jump 7x on China export restrictions.
Read full article (12 min)