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Added to YB: 2025-02-12

Pitch date: 2025-02-11

PRM [bearish]

Perimeter Solutions, Inc.

-141.79%

current return

Author Info

Directionally Correct Research shares is a generalist hedge fund analyst sharing stock pitches in the small to mid cap space. Sign up for the newsletter.

Company Info

Perimeter Solutions, Inc. manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally.

Market Cap

$3.5B

Pitch Price

$11.75

Price Target

7.50 (-74%)

Dividend

N/A

EV/EBITDA

39.53

P/E

44.98

EV/Sales

6.22

Sector

Chemicals

Category

N/A

Show full summary:
Perimeter Solutions, Inc. - $PRM

PRM short: Fire retardant maker at cyclical peak, 9.5x EBITDA. Downside risk from demand normalization, competition, substitutes, dilution. 35% drop to $7.50 on 35% EBITDA decline. 40%+ fall if multiple contracts. Limited upside vs downside in cyclical turn. Timing: post Q4 earnings. Size small, add as fire season progresses.

Read full article (10 min)