Professional
Added to YB: 2025-08-07
Pitch date: 2025-08-06
WSC [bearish]
WillScot Holdings Corporation
+2.06%
current return
Author Info
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Company Info
WillScot Holdings Corporation provides turnkey temporary space solutions in the United States, Canada, and Mexico.
Market Cap
$4.7B
Pitch Price
$24.65
Price Target
N/A
Dividend
1.08%
EV/EBITDA
11.76
P/E
-68.89
EV/Sales
3.74
Sector
Construction and Engineering
Category
N/A
Is Willscot a Zero?
WSC short: Core business imploding despite 30% growth in cold storage & clearspan segments. Units on rent falling, revenue -3.4%, EBITDA down, CapEx up. Depreciation charge spiked 17% YoY despite lower units/revenue - sign of fleet devaluation? $3.6B debt with $1.5B due 2027 likely unpayable. Ancient fleet, unrentable inventory = potential equity wipeout.
Read full article (4 min)