Added to YB: 2026-03-18
Pitch date: 2026-03-16
AMTX [bullish]
Aemetis, Inc.
+24.09%
current return
Author Info
No bio for this author
Company Info
Aemetis, Inc. operates as a renewable natural gas and renewable fuels company. It operates through three segments: California Ethanol, California Dairy Renewable Natural Gas, and India Biodiesel.
Market Cap
$152.0M
Pitch Price
$2.20
Price Target
8.50 (+211%)
Dividend
N/A
EV/EBITDA
-23.76
P/E
-1.78
EV/Sales
3.34
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Investment Thesis: Aemetis Inc. (NASDAQ: AMTX)
AMTX: Trades $2.25 ($150M cap) vs $450M-$1.15B gross asset value, obscured by $478M debt ($327M due Apr-May 2026). Q4 2025 first positive adj EBITDA ($1.9M). 3 catalysts: (1) debt refi at 6-7% saves $24M/yr (2) India IPO $300M+ valuation, 25% proceeds to parent (3) MVR adds $32M/yr FCF. 45Z update & LCFS structural deficit drive upside. Dairy RNG at -384 gCO2e/MJ = highest margins. 1yr PT $8.50 (~280% upside). Risks: refi execution, ABGL convert to 17-18%, India IPO timing.
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