Professional
Added to YB: 2024-02-19
Pitch date: 2024-01-19
OCI.AS [bullish]
OCI N.V.
-16.53%
current return
Author Info
No bio for this author
Company Info
OCI N.V. produces and distributes hydrogen-based and natural gas-based products to agricultural, transportation, and industrial customers in Europe, the Americas, the Middle East, Africa, Asia, and Oceania.
Market Cap
EUR 730.2M
Pitch Price
EUR 4.17
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.02
P/E
-2.15
EV/Sales
-0.18
Sector
Chemicals
Category
special_situation
Palm Harbour Capital Portfolio Holding - OCI
OCI: Dutch nitrogen fertilizer & methanol producer. Reduced stake after €8.9/share dividends in 18 months. Increased position as Inclusive Capital urged value unlock. Chairman initiated portfolio review, sold 50% of Fertiglobe to ADNOC for $3.6B + earn-outs & Iowa Fertilizer to Koch for $3.6B. Market still prices in TX blue ammonia plant, methanol biz & European nitrogen for free.
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