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Added to YB: 2026-08-03

Pitch date: 2026-07-30

CLW [bullish]

Clearwater Paper Corporation

-0.57%

current return

Author Info

Alessandro Vittoria is a deep value investor. Sign up for the newsletter.

Company Info

Clearwater Paper Corporation manufactures and supplies solid bleached sulfate (SBS) paperboard packaging products in the United States and internationally.

Market Cap

$339.2M

Pitch Price

$21.15

Price Target

45.00 (+113%)

Dividend

N/A

EV/EBITDA

15.14

P/E

-3.97

EV/Sales

0.41

Sector

Paper and Forest Products

Category

turnaround

Show full summary:
+54% YTD - CLW Updates and a Look at My Portfolio

CLW (holding update): 80% of author's portfolio, cost basis $15.18, +40%. SBS pricing recovering: RISI +$40-60/ton, CLW hikes $60 (June+Aug). Each $50/ton = +$60M EBITDA. Two hikes = ~$100M EBITDA FY27, pulling recovery from 2028 forward. Net debt -$59M, $90M cash aids refi. Cypress CUK conversion possibly <$10M vs $60M. Base case $45.

Read full article (3 min)