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Added to YB: 2025-05-16

Pitch date: 2025-05-14

DOO.TO [bullish]

BRP Inc.

+107.27%

current return

Author Info

UnlearningCFA is a self-taught corporate governance analyst sharing ideas in their newsletter. Sign up for the newsletter.

Company Info

BRP Inc., together with its subsidiaries, designs, develops, manufactures, and sells powersports vehicles and marine products in the Mexico, Canada, Austria, the United States, Finland, Australia, and Germany.

Market Cap

CAD 6.6B

Pitch Price

CAD 51.12

Price Target

N/A

Dividend

0.96%

EV/EBITDA

10.40

P/E

33.15

EV/Sales

1.20

Sector

Leisure Products

Category

special_situation

Show full summary:
Revving Up: BRP Inc. - TSX: DOO

DOO.TO: Board using political capital to exchange underwater options for RSUs - $14.4M value at $53/share. 13 insiders get ~$5.6M (~$431K each). Timing suggests mgmt sees current price as undervalued. Bain bought 11% of their stake at $92.90 in April 2024. Trading at 11x mid-cycle EBIT (~$585M) with manageable debt.

Read full article (5 min)