Professional
Added to YB: 2024-07-17
Pitch date: 2024-06-30
CMP [neutral]
Compass Minerals International, Inc.
+66.99%
current return
Author Info
No bio for this author
Company Info
Compass Minerals International, Inc., provides essential minerals in the United States, Canada, the United Kingdom, and internationally.
Market Cap
$796.3M
Pitch Price
$10.39
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.99
P/E
-6.58
EV/Sales
1.27
Sector
Metals and Mining
Category
turnaround
Cove Street Capital Portfolio Holding: Compass Minerals International, Inc.
CMP: Undervalued salt/sulfate potash assets worth multiples of stock price. Weather headwinds hurt. New 72yo CEO aims to cut costs, sell co. Koch family paid $36/sh for 17% stake. Reset position to 2.5% from 5%. Poorly managed historically, ignoring weather impact on ag/de-icing. Potential for sale provides upside.
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