Sylvamo: Growth, Returns, FCF Not Yet Priced In
SLVMSylvamo (SLVM) Seeking Alpha·2024-06-04 16:26

Pgiam/iStock via Getty Images Investment Summary Following my last publication on Sylvamo (NYSE:SLVM), the stock has lifted 45% into the green and surpassed my previous valuation target of $55/share. Winding back the clock, in Q3 FY 2023, we advocated for the materials (alongside the industrial sector) as the most attractive S&P 500 sector on a price/value basis. It had 10% projected earnings growth with just 2% of the Index's weighting, making it the most attractive under this composite (Figure 1). Figure ...