Enviva Partners Stock Intrinsic Value – North Star Investment Management Corp. Strengthens Support for Enviva, Showing Confidence in Sustainable Solutions
July 22, 2023
☀️Trending News
North Star Investment Management Corp. has demonstrated its commitment to sustainable solutions by further strengthening its support for Enviva Inc., a renewable energy company dedicated to providing reliable and affordable wood pellets as a clean energy source. North Star is a global investment management firm with a long history of investing in companies that promote sustainable and responsible practices. As part of their commitment to sustainability, North Star has increased their stake in Enviva Partners ($NYSE:EVA) LP, a publicly-traded master limited partnership (MLP) that is majority-owned by Enviva Inc. Enviva Inc. is committed to providing clean, renewable energy solutions that reduce carbon emissions and provide economic development opportunities for communities. The company produces and markets wood pellets, which are used as a substitute for fossil fuels to generate electricity and heat.
The pellets are made from sustainably sourced wood from managed forests, and are certified by the Sustainable Forestry Initiative (SFI). North Star’s commitment to sustainability demonstrates their belief that companies such as Enviva can lead the way to a more sustainable future. Through their increased support for Enviva Partners LP, North Star is sending a strong signal to the markets that investing in sustainable solutions is a smart financial decision.
Market Price
This move is a clear sign of confidence in the utility of sustainable solutions. As a result of the announcement, stock of ENVIVA PARTNERS opened at $12.7 and closed at $12.9, up by 2.1% from the prior closing price of 12.7. The company has already made substantial investments in renewable and sustainable energy, and the announcement further reinforces its commitment to reducing carbon emissions. The company is proud to have helped create a resource that is both economically and environmentally friendly.
In addition to helping to reduce emissions, Enviva Inc.’s products have the potential to lower energy costs for customers. It demonstrates that there is confidence in the utility of these solutions and shows that investors believe in their long-term potential. It also serves as a reminder that everyone has a role to play in tackling climate change, and that investing in sustainable solutions is one way to do just that. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Enviva Partners. More…
| Total Revenues | Net Income | Net Margin |
| 1.13k | -243.26 | -26.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Enviva Partners. More…
| Operations | Investing | Financing |
| -13.97 | -236.99 | 467.01 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Enviva Partners. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.54k | 2.42k | 2.61 |
Key Ratios Snapshot
Some of the financial key ratios for Enviva Partners are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.7% | 8.3% | -9.9% |
| FCF Margin | ROE | ROA |
| -22.2% | -27.4% | -2.8% |
Analysis – Enviva Partners Stock Intrinsic Value
At GoodWhale, we conducted an analysis of ENVIVA PARTNERS‘s wellbeing in order to assess the intrinsic value of the company’s shares. Using our proprietary Valuation Line, we determined that the true value of ENVIVA PARTNERS’s shares is around $43.2. However, the current market price for the shares is $12.9, meaning it is currently undervalued by 70.1%. This indicates an opportunity for investors to buy into ENVIVA PARTNERS at an advantageous price. More…
Peers
Its competitors are West Fraser Timber Co. Ltd, Charbone Hydrogen Corp, and National Plywood Industries Ltd.
– West Fraser Timber Co.Ltd ($TSX:WFG)
With a market cap of 9.1B as of 2022, West Fraser Timber Co.Ltd is a large company with a lot of capital. Its return on equity of 25.41% shows that it is a profitable company that reinvests its earnings back into the business. The company is a leading forest products company that produces lumber, wood chips, and other forest products.
– Charbone Hydrogen Corp ($TSXV:CH)
Charbone Hydrogen Corp is a hydrogen fuel company with a market cap of 8.98M as of 2022. The company has a Return on Equity of 84.65%. The company produces hydrogen fuel for use in transportation, industry, and power generation. The company has a strong focus on research and development in order to improve the efficiency and safety of its products.
– National Plywood Industries Ltd ($BSE:516062)
National Plywood Industries Ltd is a leading manufacturer of plywood and allied products in India. The company has a market cap of 246.18M as of 2022. It manufactures a wide range of plywood and allied products, including blockboards, flush doors, laminated boards, and veneers. The company has a strong presence in the Indian market with a wide network of dealers and distributors. It exports its products to more than 50 countries across the globe.
Summary
Enviva Partners, LP (ENVA) recently experienced increased investments by North Star Investment Management Corp. This indicates that North Star has confidence in Enviva’s sustainable energy solutions, which are designed to reduce global carbon emissions. North Star purchased additional shares in the company, thus bolstering their position and increasing their stake in the company. The investment analysis indicates that Enviva’s long-term prospects for growth remain positive due to its focus on energy sustainability.
The increased investment demonstrates Enviva’s strength in the sector and may encourage other investors to take part in the company and its mission. Moving forward, investors should closely follow Enviva’s progress as the company continues to innovate and expand its energy solutions.
