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Added to YB: 2024-01-23

Pitch date: 2024-01-22

SQM [bullish]

Sociedad Química y Minera de Chile S.A.

+35.22%

current return

Author Info

No bio for this author

Company Info

Sociedad Química y Minera de Chile S.A. produces and sells specialty plant nutrients, and iodine and its derivatives worldwide.

Market Cap

$18.4B

Pitch Price

$48.68

Price Target

N/A

Dividend

3.29%

EV/EBITDA

15.73

P/E

35.03

EV/Sales

4.80

Sector

Chemicals

Category

value

Show full summary:
SQM: A Pivotal Buying Moment Is Knocking At The Front Door

SQM -40% on Li price drop but Codelco JV extends Atacama lease to 2060. Risks remain but 4.7x EBITDA 8.5% div yield compelling for value & income investors. EPS to fall in 23-24 then grow in 25. Bottoming in late 23 may be peak pessimism buy opp. Strong Buy maintained

Read full article (5 min)