DMC Global: Oil But More Diversified

Oct. 29, 2022 12:27 AM ETDMC Global Inc. (BOOM)7 Comments
Yiping Wang profile picture
Yiping Wang
120 Followers

Summary

  • The Arcadia acquisition is a bargain and successfully diversified BOOM's operations.
  • Dyna's Q2 earnings were up 60% yoy, but the stock didn't move.
  • An eye popping 2023 estimated EPS of $2.36.
  • SOTP valuation indicates 170% upside.

Working Pumpjacks On Sunset

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In August, I wrote an article recommending readers to hold DMC Global (NASDAQ:BOOM) as an oil call option. However, upon further researches in its business history and operation structures, I realized that the business is capital-light and has fairly deep

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This article was written by

Yiping Wang profile picture
120 Followers
Member of the MicroCapClub. I only focus on small caps that have superior business model or more than 100% upside potential-----otherwise the safety margin isn't wide enough. I am a value investor that analyze mispricings of microcaps created by market irrationality. I am not smarter than other people, but I will try my best not to be stupid. Read and wait.

Disclosure: I/we have a beneficial long position in the shares of BOOM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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