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Added to YB: 2024-03-01

Pitch date: 2024-02-29

SQM [bullish]

Sociedad Química y Minera de Chile S.A.

+30%

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

$50.64

Price Target

95.00 (+44%)

Dividend

3.29%

EV/EBITDA

15.73

P/E

35.03

EV/Sales

4.80

Sector

Chemicals

Category

value

Show full summary:
Sociedad Química y Minera de Chile S.A.: Supply Discipline Will Support Lithium Price Recovery

$SQM: Narrow-moat Li, I, fert. producer w/ cost edge from unique deposits. Disciplined supply to aid Li price recovery; $95 FV est, now ~50% discount. Expanding in Chile, Aus JVs for EV, dietary trends. Risks: politics, Li price, tech shifts. Global leader w/ strategic capital allocation.

Read full article (11 min)