CMP Intrinsic Value – Compass Minerals International Announced as Key Player in Global Industrial Grade Magnesium Chloride Market Forecast to 2029

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Compass Minerals International ($NYSE:CMP) has been announced as a key player in the global industrial grade magnesium chloride market forecast to 2029. The report also states that the growth of key companies in the industrial grade magnesium chloride market in 2029, like Compass Minerals, Dead Sea Works, Gujarat Mineral Development Corporation, and K+S Aktiengesellschaft, will be significant. Compass Minerals International is a leading producer and distributor of essential minerals that improve the lives of people every day. It is a publicly traded company on the New York Stock Exchange (NYSE) with the stock ticker symbol CMP. The company produces salt, plant nutrients, and magnesium chloride for use in roads, industrial and consumer products, and agricultural uses.

Additionally, Compass Minerals International has an extensive distribution network, which is managed through its North American and European divisions. It produces magnesium chloride for deicing and dust control applications. Its products are used in a variety of industries, including construction, pharmaceuticals, power plants, and oil and gas production. The company is committed to providing quality product solutions for its customers with its advanced technological capabilities. Additionally, Compass Minerals International has a strong focus on sustainability initiatives and is committed to providing products that are safe and reliable.

Share Price

On Tuesday, COMPASS MINERALS INTERNATIONAL stock opened at $37.9 and closed at $38.8, up by 2.3% from last closing price of 37.9. This can be attributed to the rising demand for magnesium chloride from multiple industries such as oil and gas, chemical, agriculture, and pharmaceuticals. It is known for its quality product offerings and innovative production processes, which gives them an edge in the market. The company has a robust product portfolio of industrial grade magnesium chloride and related products which are available in various grades and specifications.

The company also offers customized products to meet the specific needs of their customers. Compass Minerals International is continuously innovating to provide more cost-effective solutions and is focused on meeting the evolving needs of their customers. The company’s commitment to excellence and customer satisfaction is expected to help the company maintain its competitive edge in the industrial grade magnesium chloride market. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for CMP. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for CMP. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for CMP. More…

Key Ratios Snapshot

Some of the financial key ratios for CMP are shown below. More…

Analysis – CMP Intrinsic Value

GoodWhale analysts have conducted the financial analysis of COMPASS MINERALS INTERNATIONAL to determine its fair value. Based on our proprietary Valuation Line, the fair value for COMPASS MINERALS INTERNATIONAL share is around $21.7. However, this company’s stock is currently traded at $38.8, which represents an overvaluation of 78.9%. Therefore, we recommend investors to trade this stock with caution and do their own research before investing. More…

Peers

The competition among Compass Minerals International Inc and its competitors is fierce. Ecograf Ltd, Green Battery Minerals Inc, and Lepidico Ltd are all trying to get a piece of the market share. Each company is trying to differentiate themselves from the others in order to gain an advantage. Compass Minerals International Inc has been able to stay ahead of the competition by constantly innovating and expanding its product line.

– Ecograf Ltd ($ASX:EGR)

Eograf Ltd is a publicly traded company with a market capitalization of 168.88 million as of 2022. The company has a return on equity of -7.82%. Eograf Ltd is engaged in the business of providing ecological consulting services. The company’s services include environmental impact assessments, environmental permitting, environmental due diligence, and environmental auditing.

– Green Battery Minerals Inc ($TSXV:GEM)

Battery Minerals Inc is a U.S.-based company engaged in the business of exploring, developing and mining for battery minerals, including graphite. The company’s primary focus is on the development of its Montepuez graphite project in Mozambique.

– Lepidico Ltd ($ASX:LPD)

Lepidico Ltd is a lithium exploration and development company. The company has a market capitalization of 137.48 million as of 2022 and a return on equity of -6.76%. The company’s primary focus is on the development of the L-Max® process, which is a hydrometallurgical process for the production of lithium from lepidolite.

Summary

Compass Minerals International (NYSE: CMP) is an attractive investment opportunity for investors seeking exposure to the industrial grade magnesium chloride market. The company has a strong portfolio of products, a good track record of operational growth, and a well-capitalized balance sheet. The company has experienced double-digit growth in its sales and earnings over the past five years, and analysts expect this trend to continue. Furthermore, the company has implemented strategic initiatives to increase its market share and capitalize on the growing demand for its products.

Compass Minerals International also has a competitive edge due to its premier supply chain capabilities and reliable customer service. Analysts believe that investors should consider Compass Minerals International as a long-term investment opportunity, given its financial strength and attractive growth prospects.