Professional
Added to YB: 2024-12-19
Pitch date: 2024-11-26
PHIN [bullish]
PHINIA Inc.
+5.97%
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.
Market Cap
$2.0B
Pitch Price
$54.65
Price Target
79.00 (+36%)
Dividend
2.06%
EV/EBITDA
5.26
P/E
24.02
EV/Sales
0.79
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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