Professional
Added to YB: 2024-04-24
Pitch date: 2024-04-23
GTX [bullish]
Garrett Motion Inc.
+78.5%
current return
Author Info
Alluvial Capital is an investment manager with a focus on overlooked and obscure securities around the world. Sign up for the newsletter.
Company Info
Garrett Motion Inc., together with its subsidiaries, designs, manufactures, and sells turbocharging, air and fluid compression, and high-speed electric motor technologies for original equipment manufacturers and distributors in the United States, Europe, Asia, and internationally.
Market Cap
$3.2B
Pitch Price
$9.55
Price Target
N/A
Dividend
1.94%
EV/EBITDA
7.22
P/E
10.47
EV/Sales
1.27
Sector
Automobile Components
Category
N/A
Alluvial Capital Fund Portfolio Holding: Garrett Motion Inc.
GTX: Solid '24 guide, will use nearly all FCF for buybacks. Already repurchased $90M shares in Mar. Dominant turbocharger biz generating cash while investing in EV transition. ICE engines remain relevant for long time, providing years of strong cash flows to return to shareholders.
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