Professional
Added to YB: 2024-01-30
Pitch date: 2024-01-30
GTX [bullish]
Garrett Motion Inc.
+202.82%
current return
Author Info
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Company Info
Garrett Motion Inc. designs, manufactures, and sells turbocharging, air and fluid compression, and high-speed electric motor technologies to original equipment manufacturers and independent aftermarket distributors in the mobility and industrial fields.
Market Cap
$5.2B
Pitch Price
$8.71
Price Target
36.00 (+33%)
Dividend
1.15%
EV/EBITDA
9.56
P/E
15.37
EV/Sales
1.72
Sector
Automobile Components
Category
turnaround
McIntyre Partnerships holding - Garrett Motion ($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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