BWS Financial Inc

BWS provides independent stock specific research focused on companies with distinct value that are going through a special situation where there is a tangible catalyst not priced in. The catalyst can be anything from new product, restructuring, M&A, management change, change in business strategy, etc. BWS’s focus is to understand the change and evaluate the potential return for investors.

BWS utilizes a self formed proprietary approach in discovering stocks by putting great emphasis on deep research. BWS does generate short recommendations following a similar criteria.

Independent Stock Specific Research

ECVT: Input Costs Deflating, Profits Inflating

Founder, BWS Financial Inc

Hamed Khorsand

Founder

Equity Bottom-Up

<ul>
<li>ECVT suffered damage from winter storm Elliot towards the end of the fourth quarter, but that was not enough to prevent it from issuing upside adjusted EBITDA guidance</li>
<li>ECVT has experienced continued demand for its ecoservices and catalyst technologies</li>
<li>The pass-through costs of sulfuric acid makes sales figures look volatile, but adjusted EBITDA is the true measure, which continues to trend higher</li>
</ul>


ECVT suffered damage from winter storm Elliot towards the end of the fourth quarter, but that was not enough to prevent it from issuing upside adjusted EBITDA guidance
ECVT has experienced continued demand for its ecoservices and catalyst technologies
The pass-through costs of sulfuric acid makes sales figures look volatile, but adjusted EBITDA is the true measure, which continues to trend higher


Ecovyst

ECVT: Free Cash Flow Storm