Professional
Added to YB: 2024-03-14
Pitch date: 2024-03-13
EAF [bearish]
GrafTech International Ltd.
+66.68%
current return
Author Info
Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.
Company Info
GrafTech International Ltd. manufactures graphite electrode products worldwide. The company offers graphite electrode products for the production of EAF steel and other ferrous, and non-ferrous metals; and petroleum needle coke products.
Market Cap
$172.2M
Pitch Price
$19.30
Price Target
N/A
Dividend
N/A
EV/EBITDA
-73.17
P/E
-0.79
EV/Sales
2.24
Sector
Electrical Equipment
Category
turnaround
Pernas Research Passes On: GrafTech International Ltd. - $EAF
EAF: Vertically integrated graphite electrode maker; market cap $480mm, price $1.87. Down 50%+ since initial report; needle coke to EV anodes pivot stagnant, years out. China/India supply pressure, expiring high-margin contracts forecast tough times ahead. No buy.
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