Professional
Added to YB: 2025-02-20
Pitch date: 2025-02-03
GTX [bullish]
Garrett Motion Inc.
+99.71%
current return
Author Info
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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
$9.17
Price Target
17.00 (-7%)
Dividend
1.73%
EV/EBITDA
7.68
P/E
12.14
EV/Sales
1.34
Sector
Automobile Components
Category
value
McIntyre Partnerships Portfolio Holding: Garrett Motion Inc.
GTX: TB maker, 5x 2025 FCF, 2x EBITDA leverage. BEV concerns suppress valuation. Pre-revenue BEV biz depresses FCF. 1/3 shares retired since 2022. Moat-rich TB duopoly w/ BWA. $600M 2024 EBITDA, $1.65/sh FCF. ZEV spend $130M drag. 2030 targets: $1.5B FCF, $3.50-$5/sh. PT $17 (10x 2025 EPS).
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