Professional
Added to YB: 2024-08-30
Pitch date: 2024-08-28
SUP [neutral]
Superior Industries International, Inc.
-97.57%
current return
Author Info
Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.
Company Info
Superior Industries International, Inc., together with its subsidiaries, designs, manufactures, and sells aluminum wheels in North America and Europe.
Market Cap
$23.8M
Pitch Price
$3.41
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.30
P/E
-0.21
EV/Sales
0.60
Sector
Automobile Components
Category
N/A
Pernas Research Passes On: Superior Industries International, Inc.
SUP pass: Aluminum wheel supplier, $97mm mrkt cap. Recent refinancing extends debt to 2028 but raises interest to $84mm annually. $180mm adj EBITDA guided, leaving $20-30M for $700mm net debt reduction. Competitive industry, Chinese rivals, macro challenges. Little room for growth capex. Equity outlook bleak.
Read full article (1 min)