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Added to YB: 2026-05-28

Pitch date: 2026-05-27

ARQ [bullish]

Arq, Inc.

+0.73%

current return

Author Info

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Company Info

Arq, Inc., an environmental technology company, engages in the sale of consumable air, water, and soil treatment solutions based on activated carbon in the United States and Canada.

Market Cap

$106.9M

Pitch Price

$2.73

Price Target

N/A

Dividend

N/A

EV/EBITDA

15.90

P/E

-1.93

EV/Sales

1.15

Sector

Chemicals

Category

special_situation

Show full summary:
Going Granular

ARQ: PAC biz generates $10M FCF (14x EV/FCF) w/ 10% growth runway & sheltered by $118M in deferred tax assets. GAC plant idled after $100M sunk due to engineering flaws; mgmt exploring monetization. EPA PFAS regs (pushed to 2031) drive 75% GAC supply gap (370M lbs). Embedded optionality: $10M Corbin sale, $50M litigation proceeds, $50M GAC rebuild potential ($20M annual FCF). Insider-aligned: CEO + board own 17%, CEO $50K salary. At $139M EV, valued <50% replacement cost w/ substantial free options.

Read full article (22 min)