Professional
Added to YB: 2024-12-19
Pitch date: 2024-11-26
PHIN [bullish]
PHINIA Inc.
-13.63%
current return
Author Info
Voss Capital is a hedge fund looking for value-oriented special situations. Sign up for the newsletter.
Company Info
PHINIA Inc. engages in the development, design, and manufacture of integrated components and systems that optimize performance, increase efficiency, and reduce emissions in combustion and hybrid propulsion for commercial and light vehicles, and industrial applications.
Market Cap
$2.1B
Pitch Price
$55.84
Price Target
79.00 (+64%)
Dividend
1.96%
Sector
Automobile Components
Category
value
Voss Capital New Portfolio Holding: PHINIA Inc.
PHIN: Auto parts supplier, 2 segments: Fuel Systems (OEM) & Aftermarket. Bullish on ICE vs EV. GDI tech, 12% mkt share. Competitors withdrawing. Supply chain consolidation. Chinese OEM growth. Aftermarket biz undervalued. 11% share reduction. PT $79 (2x) by 2025. 6x FS, 9x AM EBITDA.
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