Added to YB: 2025-07-28
Pitch date: 2025-07-23
CVEO [bullish]
Civeo Corporation
Author Info
Pound the Rock Investing, written by Adam Wilk, the founder and CIO of Greystone Capital Management, will serve as an ongoing discussion about business, investing and things I find interesting. Sign up for the newsletter.
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
turnaround
More Interesting Ideas for 2025 - Civeo Corporation
CVEO: Remote worker housing provider with +FCF 14/15 yrs. Australia growing at 10% margins; Canada struggling. Activist pushed 20% buyback auth, dividend suspended, 100% FCF to buybacks. At 12-14% FCF yield ($40M normalized vs $60M 10yr avg), could reduce shares 50% by 2029, grow FCF/share 80% to $5+. $23 → $40+ potential (12.5% 5yr IRR).
Read full article (3 min)