Professional
Added to YB: 2024-01-30
Pitch date: 2024-01-30
GTX [bullish]
Garrett Motion Inc.
+109.75%
current return
Author Info
No bio for this author
Company Info
Garrett Motion Inc., together with its subsidiaries, designs, manufactures, and sells engineered turbocharging and high-speed electric motor technologies for original equipment manufacturers, distributors, and industrial fields in the United States, Europe, Asia, and internationally.
Market Cap
$3.5B
Pitch Price
$8.73
Price Target
36.00 (+97%)
Dividend
1.73%
EV/EBITDA
7.68
P/E
12.14
EV/Sales
1.34
Sector
Automobile Components
Category
turnaround
McIntyre Partnerships holding - Garrett Motion ($GTX)
GTX: Benefits from slowing BEV growth; 60% EBITDA from ICE & hybrids. Trades at 5x 2024 FCF. Downside: flat EBITDA by 2027, $1.2B FCF for buybacks/debt cuts. Upside: 25% EBITDA growth, $3 EPS by 2027; 12x PE = $36 (now $9). Hybrids reduce CO2 like BEVs. Limited downside, big upside.
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