Added to YB: 2024-07-15
Pitch date: 2024-07-12
HCC [bullish]
Warrior Met Coal, Inc.
+17.93%
current return
Author Info
Company Info
Warrior Met Coal, Inc. engages in the production and export of non-thermal steelmaking coal for the steel production by metal manufacturers in Europe, South America, and Asia.
Market Cap
$3.4B
Pitch Price
$70.73
Price Target
200.00 (+140%)
Dividend
0.49%
EV/EBITDA
16.45
P/E
84.33
EV/Sales
2.63
Sector
Metals and Mining
Category
growth
Warriors, come out to play: Warrior Met Coal $HCC
HCC: Pure seaborne met coal exporter. New Blue Creek mine to add 4.6M short tons by 2026, boosting FCF to ~$800M (from $200M in 2023). $100+ PT by 2026-27 (47% upside). Long-term 20% annual compounding potential. Risks: steel price volatility, management's capital allocation, China's urbanization slowdown. $200+ PT by 2031 if 2nd longwall built.
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