- GrafTech International Ltd. has been able to weather the pandemic thanks to long-term take-or-pay contracts that allowed it to generate well above spot market revenue.
- With many contracts due to expire in 2022, the company needs a turnaround in spot graphite electrode pricing – to realize favorable terms.
- With a ~77.8 million share overhang in the form of a private equity investor exit, strong cash generation, and a solid balance sheet, this busted IPO merited a deeper dive.
- A full investment analysis and recommendation follow in the paragraphs below.
For further details see:
A Greenlight For GrafTech International