Added to YB: 2024-01-12
Pitch date: 2024-01-12
GTX [bullish]
Garrett Motion Inc.
+98.2%
current return
Author Info
No bio for this author
Company Info
Garrett Motion Inc., together with its subsidiaries, designs, manufactures, and sells turbocharging, air and fluid compression, and high-speed electric motor technologies for original equipment manufacturers and distributors in the United States, Europe, Asia, and internationally.
Market Cap
$3.2B
Pitch Price
$8.60
Price Target
15.00 (-12%)
Dividend
1.94%
EV/EBITDA
7.22
P/E
10.47
EV/Sales
1.27
Sector
Automobile Components
Category
value
Garrett Motion ($GTX)
$GTX at $7.50 undervalued w/ $15 PT. 1/3 turbo mkt share, diversified revs. Guided $1.7-2.1B 5yr FCF (~20% yld). Variable cost & low capex=consistent FCF. Can paydown debt, buyback & grow to $1B ZEV rev by '30. 6.3x EV/EBITDA-capex cheap vs BWA 8.2x. $15 base, $20s bull case
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