Professional
Added to YB: 2023-12-04
Pitch date: 2023-11-16
DAR [bullish]
Darling Ingredients Inc.
-14.32%
current return
Author Info
No bio for this author
Company Info
Darling Ingredients Inc. develops, produces, and sells natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America, and internationally.
Market Cap
$5.8B
Pitch Price
$42.73
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.83
P/E
54.60
EV/Sales
1.74
Sector
Food Products
Category
growth
SouthernSun Small Cap: Darling Industries
DAR underperformed in Q3 on renewable diesel supply & policy fears. Vertically integrated model drives high ROIC, 50%+ EBITDA growth in '23 & next 2-3 yrs from M&A & capex. Expanding SAF capacity for lucrative margins. Despite ~$2B EBITDA & $12.8B EV, lowest EV/EBITDA since '12. Execution & fundamentals to overcome sentiment for strong returns.
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