Professional
Added to YB: 2025-01-23
Pitch date: 2025-01-21
MAGN [bullish]
Magnera Corporation
-49.13%
current return
Author Info
No bio for this author
Company Info
Magnera Corporation manufactures and sells non-woven and related products worldwide. The company offers a range of material solutions, including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and products serving the food and beverage industry.
Market Cap
$323.6M
Pitch Price
$17.85
Price Target
40.00 (+324%)
Dividend
N/A
EV/EBITDA
7.16
P/E
-1.09
EV/Sales
0.72
Sector
Paper and Forest Products
Category
value
Kingdom Capital Advisors New Position: Magnera Corporation
MAGN: Newly spun-off non-wovens co. $1.8B net debt, 36M shares, $400M EBITDA. $100M+ annual FCF for 3yrs, EBITDA to $475-500M. 6x EBITDA implies $40/share in 3yrs (120% upside, 30% IRR). Debt cheap, termed out. Mgmt focus on deleveraging. Potential tariff beneficiary.
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