Professional
Added to YB: 2024-08-15
Pitch date: 2024-08-05
E.TO [bullish]
Enterprise Group, Inc.
+2.27%
current return
Author Info
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Company Info
Enterprise Group, Inc., through its subsidiaries, operates as an equipment rental and construction services company in Canada.
Market Cap
CAD 102.1M
Pitch Price
CAD 1.32
Price Target
3.50 (+159%)
Dividend
N/A
EV/EBITDA
13.33
P/E
48.98
EV/Sales
3.72
Sector
Trading Companies and Distributors
Category
growth
Trickle Research Initiating Research Coverage On: Enterprise Group, Inc.
E.TO: Specialized equipment provider for Canadian energy/infrastructure. LNG growth driving demand. Competitive advantage w/ nat gas turbines vs diesel. Recent $7M raise for capacity expansion. Strong revenue/margin growth. 20% YoY growth projected for F24. PT: $3.50 in 12-24 months. Risks: energy volatility, competition, seasonality.
Read full article (17 min)