Professional
Added to YB: 2026-06-12
Pitch date: 2026-06-10
INGR [bullish]
Ingredion Incorporated
-1.45%
current return
Author Info
Andvari Associates manages a concentrated investment strategy designed with the goal of outperforming the market. Sign up for the newsletter.
Company Info
Ingredion Incorporated, together with its subsidiaries, engages in the manufacture and sale of sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries worldwide.
Market Cap
$6.5B
Pitch Price
$102.38
Price Target
N/A
Dividend
3.20%
EV/EBITDA
5.75
P/E
9.86
EV/Sales
1.03
Sector
Food Products
Category
value
Ingredion Incorporated - $INGR
INGR: Boring but stable specialty ingredients maker at 5.7x EV/EBITDA (lowest since 2009-10) + 3.3% yield. Margins/ROIC beat ADM/BG. Pessimism from Argo plant fires (~$40M+ hit) + £5.95/sh Tate & Lyle bid (8.8x EBITDA, lifts leverage 0.7x→3.0x). Catalysts: Argo fix, T&L synergies $130M by 2030.
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