Professional
Added to YB: 2025-01-23
Pitch date: 2025-01-21
MAGN [bullish]
Magnera Corporation
-21.23%
current return
Author Info
Kingdom Capital Advisors believes the stock market inefficiently prices securities; therefore, we seek to identify dislocations between price and intrinsic value. To this end, small and microcap stocks are least followed by wall street analysts and often present the greatest opportunities for generating superior returns. Sign up for the newsletter.
Company Info
Magnera Corporation manufactures and sells non-woven and related products worldwide. It sells its products primarily into consumer-oriented end markets, such as healthcare, and personal care.
Market Cap
$532.7M
Pitch Price
$17.85
Price Target
40.00 (+190%)
Dividend
N/A
EV/EBITDA
7.02
P/E
-3.97
EV/Sales
0.69
Sector
Paper and Forest Products
Category
value
Kingdom Capital Advisors New Position: Magnera Corporation
MAGN: Newly spun-off non-wovens co. $1.8B net debt, 36M shares, $400M EBITDA. $100M+ annual FCF for 3yrs, EBITDA to $475-500M. 6x EBITDA implies $40/share in 3yrs (120% upside, 30% IRR). Debt cheap, termed out. Mgmt focus on deleveraging. Potential tariff beneficiary.
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