Added to YB: 2024-12-17
Pitch date: 2024-12-16
KODK [bullish]
Eastman Kodak Company
+17.98%
current return
Author Info
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Company Info
Eastman Kodak Company focuses on the commercial print and advanced materials and chemicals businesses worldwide.
Market Cap
$712.4M
Pitch Price
$7.34
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.64
P/E
-23.58
EV/Sales
1.14
Sector
Technology Hardware, Storage and Peripherals
Category
special_situation
Kodak’s Big Snap: From Shuttered Past to a Focused Future (KODK US)
KODK: Overfunded pension ($885-975M surplus) termination to unlock $215-270M cash. Debt paydown ($40M annual interest savings) & growth investments in chemicals/advanced materials. Print segment struggles, but brand licensing profitable. Risks: execution, cyclicality, valuation overhang. Catalysts: KRIP termination, debt refinancing, chemicals growth.
Read full article (4 min)