Added to YB: 2026-05-27
Pitch date: 2026-03-20
PCT [bullish]
PureCycle Technologies, Inc.
+111.19%
current return
Author Info
No bio for this author
Company Info
PureCycle Technologies, Inc. engages in the production of recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled PP resin, PureFive, which has various applications, including packaging and labeling for consumer products, textiles, and plastic parts for various industries.
Market Cap
$2.0B
Pitch Price
$5.81
Price Target
N/A
Dividend
N/A
EV/EBITDA
-20.70
P/E
-7.68
EV/Sales
247.91
Sector
Chemicals
Category
turnaround
PureCycle Technologies, Inc. - $PCT
PCT: Proprietary PP dissolution recycling tech w/ 107mm lb Ironton plant. 25-50% near-term upside on 3 catalysts: (1) NJDEP approval expected 3-6mo unlocks CPG orders, (2) Ironton commercial ramp to $50-70M rev reduces $100M burn, (3) 40% float short + $520M swing from converts/warrants at $15. Long-term: 1bn lb capacity x $0.35-0.50/lb profit = $6-12bn EV vs $1bn today. Patent to 2037, only food-grade recycled PP at scale. Risks: liquidity tight, Aug 2027 convert put, ops unproven at volume. Sylebra controls 30%.
Read full article (13 min)