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[BLOG] Idea Brunch

Added to YB: 2024-11-18

Pitch date: 2024-11-18

GTX [bullish]

Garrett Motion Inc.

+121%

current return

Author Info

Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life

Company Info

Garrett Motion Inc., together with its subsidiaries, designs, manufactures, and sells turbocharging, air and fluid compression, and high-speed electric motor technologies for original equipment manufacturers and distributors in the United States, Europe, Asia, and internationally.

Market Cap

$3.2B

Pitch Price

$7.63

Price Target

N/A

Dividend

1.94%

EV/EBITDA

7.22

P/E

10.47

EV/Sales

1.27

Sector

Automobile Components

Category

turnaround

Show full summary:
Idea Brunch with Ameya Shinde of Multiples Capital Management - Garrett Motion Inc.

GTX: Turbocharger leader, 50% new biz win rate. Post-bankruptcy recovery, simplified structure. 13.5% shares bought back, $124M program left. 2024 FCF $325M (20% mkt cap). Investing in EV tech. Catalysts: Trump emissions rollback, Fed rate cuts boosting auto sales, potential index inclusion. Risks: slow car sales, EV shift.

Read full article (2 min)