Professional
Added to YB: 2024-05-27
Pitch date: 2024-05-24
SLCA [bullish]
U.S. Silica Holdings, Inc.
-0.26%
current return
Author Info
Voss Capital is a hedge fund looking for value-oriented special situations. Sign up for the newsletter.
Company Info
U.S. Silica Holdings, Inc. produces and sells commercial silica in the United States. It operates through two segments: oil and gas Proppants and Industrial and Specialty Products.
Market Cap
$1.2B
Pitch Price
$15.53
Price Target
21.40 (+38%)
Dividend
N/A
EV/EBITDA
5.03
P/E
13.71
EV/Sales
1.35
Sector
Energy Equipment and Services
Category
special_situation
Voss Capital Value Fund Portfolio Holding: U.S. Silica Holdings, Inc.
SLCA: Undervalued co providing fracking sand & commercial minerals. ISP segment w/ 800+ applications deserves higher multiple than O&G. Apollo $15.50/share buyout offer only 18.7% premium vs $21.40 PT (6.4x blended EBITDA - 3.7x O&G, 10.5x ISP). Go-shop period to seek higher offer.
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