Quick Value #332 - Gentherm (THRM)
Gentherm’s Oct. 1 Reverse Morris Trust with Modine adds commercial and off-highway operations, leaving THRM at 7.4x pro forma EBITDA with under 1x leverage.
Monday, September 28, 2026
Back to today
From X
John_Hempton on X
@stubmt I lost 0.02 percent on $AMC today. Position is tiny.
Barbarian Capital on X
AAR to Pay $1.8 Billion for Stake in Aircraft-Maintenance Company $AIR https://t.co/y3DZLQRhaO
Barbarian Capital on X
Vail Resorts Loss Widens After a Year of Tough Weather $MTN https://t.co/8UH8LNPKDb
Barbarian Capital on X
$CROX new demand driver uncovered https://t.co/sJumnF7PRz
Lee Roach on X
Timberland companies looking pretty decent here. $RYN. https://t.co/tlr3d7MiCs
marginofdanger on X
$HHH perhaps this line from the recent proxy filing is what is causing market to move: "Discussions will include ... efforts to significantly reduce the capital intensity of Howard Hughes Communities" https://t.co/8sBEkb8X5A
Prepared Remarks on X
Why shouldn’t I look at $PLNT?
Investor Letters
All letters- Protean Funds August 2026 BVNKF $2.5B
- Pendelhaven Asset Management B.V. July 2026 ALM $3.8BJXN $8.8B
- PenderFund Capital Management Ltd. July 2026 AUTO $4.6BKXS $3.4B
- Kernow Asset Management July 2026 CKNHF $2.1BCMCX $2.5B
- Lindsell Train Limited July RMVEY $3.3B
- Asset Value Investors Ltd July 2026 9301 $3.2B
- Kingdom Capital Advisors Q2 2026 CNR $4.4B
- Andvari Associates Q2 2026 MBGL $5.1B
Sezzle: The Market Is Underestimating This High-Growth Fintech
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Vista Energy's Q2 2026 production rose 32% and revenue 89% as Vaca Muerta acquisitions expand its Argentine export platform and cash…
Alan Galecki 5 clicks
Firefly Aerospace q2’26 Earnings Update
Firefly Aerospace ended Q2 2026 with $1.5 billion backlog and a 2.49x book-to-bill ratio, adding lunar, defense and launch contracts for…
A special situation with a 23% spread (110% IRR) by Q4 2026. Where the worst-case scenario is the deal closing and upside is higher if it doesn’t
ZIM’s proposed deal carries a claimed 23% spread and 110% IRR by Q4 2026, with Q3 and Q4 dividends potentially raising returns if closing…
Research Roundup Vol. LIII
Micron’s customer agreements, Analog Devices’ acquisitions, Ondas’ GATE deal and Baker Hughes’ power systems position them for AI…
ZIM Integrated Shipping Services: Strategic Crossroads - Acquisition Or Dividend Bonanza Ahead
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Melissa Tucker 
$FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value Capital
Shift4 trades at 6.5x EBITDA despite 11% reported organic growth, with Shift4 Dine equipment leases cited as evidence of net-new merchant…
JBTM · long JBT Marel Corporation
JBT Marel is an enduring food-equipment business with low AI risk, automation upside and favorable GLP-1 exposure.
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