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Added to YB: 2024-08-27

Pitch date: 2024-08-16

DAR [bullish]

Darling Ingredients Inc.

+59.92%

current return

Author Info

No bio for this author

Company Info

Darling Ingredients Inc. develops, produces, and sells sustainable natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America, and internationally.

Market Cap

$9.0B

Pitch Price

$39.95

Price Target

N/A

Dividend

N/A

EV/EBITDA

13.38

P/E

145.92

EV/Sales

2.15

Sector

Food Products

Category

value

Show full summary:
FPA Queens Road Small Cap Value Fund Portfolio Holding: Darling Ingredients Inc.

DAR: World's largest rendering op (17% global, higher US share). Collects animal waste, processes into commodities. Diamond Green Diesel JV w/ Valero benefits from renewables subsidies. 2022 acquisitions added debt/complexity. Stock down on weak commodities, falling RIN prices, lower earnings. 10x normal earnings, mid-sized position despite risks.

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