Added to YB: 2024-08-30
Pitch date: 2024-08-28
MXG.TO [bullish]
Maxim Power Corp.
+23.05%
current return
Author Info
A Value Fund is the writings of McElvaine Value Fund, a 5 star fund (Morningstar July 2023) managed since 1996 by Tim McElvaine. Sign up for the newsletter.
Company Info
Maxim Power Corp., an independent power producer, acquires or develops, owns, and operates power and power related projects in Alberta, Canada.
Market Cap
CAD 242.7M
Pitch Price
CAD 3.53
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.97
P/E
9.99
EV/Sales
2.10
Sector
Independent Power and Renewable Electricity Producers
Category
value
McElvaine Value Fund: What we own and why - Maxim Power Corp.
MXG.TO: Alberta-based power co w/ 300 MW gas plant. Projected $1+/share net cash EOY, $1/share FCF in avg year. Currently trading at $3.90, implying attractive valuation given cash position and FCF generation potential.
Read full article (1 min)