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Added to YB: 2026-03-26

Pitch date: 2026-03-24

PRM [neutral]

Perimeter Solutions, Inc.

-3.2%

current return

Author Info

Growth Curve by Austin Lieberman is a weekly newsletter that helps you find 10x stock ideas & makes you a better long-term investor. Sign up for the newsletter.

Company Info

Perimeter Solutions, Inc. manufactures and supplies firefighting products, electronic components, lubricant additives, and engineered machinery in the United States, Germany, and internationally.

Market Cap

$3.2B

Pitch Price

$22.51

Price Target

N/A

Dividend

N/A

EV/EBITDA

-30.01

P/E

-15.36

EV/Sales

5.59

Sector

Chemicals

Category

growth

Show full summary:
Zero Trades in 3 Weeks. That's the Point. - Perimeter Solutions, Inc.

PRM (holding update): Industrial compounder misunderstood as fire retardant co. FY25 rev +16% to $653M, adj EBITDA +18% to $332M (51% margin), EPS $1.34 (+21%). Fire Safety less cyclical via fixed contracts vs volume-based. Jan MMT acquisition ($685M, $140M rev, $50M EBITDA) adds recurring aftermarket rev in med device machinery. Pro-forma EBITDA $382M+ run-rate. CEO targets PE-like 15%+ returns via decentralized ops & M&A. 3.0x leverage, room for more deals. Stock -13% on GAAP loss from legacy comp fees, but adj net income $207M. 20%+ EBITDA CAGR.

Read full article (4 min)