Professional
Added to YB: 2024-04-19
Pitch date: 2024-04-12
PRM [bullish]
Perimeter Solutions, Inc.
+289.18%
current return
Author Info
No bio for this author
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
$7.30
Price Target
N/A
Dividend
N/A
EV/EBITDA
39.53
P/E
44.98
EV/Sales
6.22
Sector
Chemicals
Category
N/A
Ensemble Capital Management Portfolio Holding: Perimeter Solutions, SA
PRM: Sole supplier of fire retardant to USFS. Mild 2022 season hurt stock, but long-term wildfire risk high per insurers & Buffett. Competitor Fortress couldn't match PRM's flawless service & had corrosive product. PRM a natural monopoly on critical service. Founder Howley a skilled dealmaker to drive value via M&A.
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