Added to YB: 2026-07-03
Pitch date: 2026-07-01
AP [neutral]
Ampco-Pittsburgh Corporation
-11.76%
current return
Author Info
No bio for this author
Company Info
Ampco-Pittsburgh Corporation, together with its subsidiaries, engages in manufacture and sale of specialty metal products and customized equipment to commercial and industrial users worldwide.
Market Cap
$175.8M
Pitch Price
$8.33
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.32
P/E
-2.57
EV/Sales
0.73
Sector
Metals and Mining
Category
turnaround
Value Hunt | H1 26 - Stay Humble or Die - Ampco-Pittsburgh Corporation
AP (holding update): Pittsburgh industrial microcap, ~7% of portfolio, up ~50% since buy. Two segments framed as 4 biz w/ separation optionality: ALP (nuclear heat exchangers >90% NA share, Navy, pharma) growing 8-10% at record 14.4% margins; FCEP roll biz emerging from 2025 trough, 2 competitors exited, UK plant closed (+$7-8M EBITDA), Sweden ramping Q3'26, Section 232 tariffs. Mgmt targets 10%+ EBITDA margin (vs 6.7%) & 3x leverage in 24mo. Galloway activist 5.2%, 3 CEO open-market buys, funded pension, Russell 2000 add. At $8.65, ~$180M cap, ~6.9x fwd, ~5.3x normalized 2027 EBITDA.
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