Added to YB: 2025-06-06
Pitch date: 2025-04-19
CVEO [bullish]
Civeo Corporation
Author Info
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Company Info
Civeo Corporation engages in hospitality services to the natural resource industry in Canada, Australia, and internationally.
Market Cap
$249.1M
Pitch Price
N/A
Price Target
40.00 (+81%)
Dividend
N/A
EV/EBITDA
6.02
P/E
-9.96
EV/Sales
0.70
Sector
Commercial Services and Supplies
Category
value
Show full summary:
Civeo Corporation - $CVEO
CVEO: Hospitality for remote workforces in Canada ($21M EBITDA) & Australia ($87M). Strong FCF ~$43M with upside if Canadian mobile assets win projects. Engine Capital pushing for dividend cut, 1.75x leverage, tender offer. At 3.7x 2025 EBITDA, deep discount. $40 PT (2x upside) via cost cuts, buybacks, or sale.
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