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Added to YB: 2025-01-14

Pitch date: 2025-01-14

CLMT [bullish]

Calumet, Inc.

+72.88%

current return

Author Info

No bio for this author

Company Info

Calumet, Inc. manufactures, formulates, and markets a slate of specialty branded products and renewable fuels in North America and internationally.

Market Cap

$2.8B

Pitch Price

$19.02

Price Target

40.00 (+22%)

Dividend

N/A

EV/EBITDA

98.83

P/E

-14.78

EV/Sales

1.30

Sector

Oil, Gas and Consumable Fuels

Category

value

Show full summary:
Calumet’s FCF Projections Suggest Significant Upside from Current Levels

CLMT: Mgmt guides $160-200M FCF for 2025 (9-11% yield), but sandbagged. Actual FCF likely $235-275M (13-15% yield) due to higher SAF production. Add $100M from soybean margin reversion = 18-20% FCF yield. $40 PT at 10% yield. MaxSAF expansion in '26 upside. Mispriced on near-term FCF.

Read full article (1 min)