Added to YB: 2024-12-27
Pitch date: 2024-12-24
DQ [bullish]
Daqo New Energy Corp.
+73.44%
current return
Author Info
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Company Info
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People’s Republic of China.
Market Cap
$1.4B
Pitch Price
$18.60
Price Target
107.83 (+234%)
Dividend
N/A
EV/EBITDA
74.22
P/E
-12.97
EV/Sales
0.56
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
Daqo New Energy | The Cheap Polysilicon Stock
DQ: Low-cost polysilicon producer w/ $2.3B cash, no debt. Industry in bust cycle, competitors facing bankruptcy. 12.8% annual demand growth. Risks: China regulations. Potential 507% return (35% CAGR) if prices reach $25/kg. Currently trading at 70% of cash value.
Read full article (9 min)