Professional
Added to YB: 2024-07-25
Pitch date: 2024-07-23
CC [bullish]
The Chemours Company
-42.7%
current return
Author Info
No bio for this author
Company Info
The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America.
Market Cap
$1.6B
Pitch Price
$22.60
Price Target
40.00 (+209%)
Dividend
9.42%
EV/EBITDA
5.96
P/E
18.63
EV/Sales
0.90
Sector
Chemicals
Category
turnaround
Buckley Capital Portfolio Holding: The Chemours Company
CC: $40 PT, 50% upside in 12mo. TiO2 market recovering, $4-$5 FCF/share potential in 2025. New mgmt after WC manipulation scandal. TSS & APM biz: high-quality, 7-9% growth, 30%+ EBITDA margins. Conservatively valued at 7x EBITDA, 35% 5yr IRR. Risks: housing market, plant shutdown (resolved). Upside from execution & multiple expansion.
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