Added to YB: 2026-01-26
Pitch date: 2026-01-20
TIC [bullish]
TIC Solutions, Inc.
-14.22%
current return
Author Info
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Company Info
TIC Solutions, Inc. provides critical asset integrity services in North America. The company offers testing, inspection, certification, and compliance (TICC) services, including various nondestructive testing (NDT) techniques, such as radiography, ultrasonic testing, magnetic particle inspection, penetrant testing, and visual inspection.
Market Cap
$2.2B
Pitch Price
$11.25
Price Target
42.90 (+345%)
Dividend
N/A
EV/EBITDA
20.55
P/E
-23.67
EV/Sales
2.91
Sector
Professional Services
Category
value
TIC SOLUTIONS (NYSE: $TIC)
TIC (new position): Industrial services firm combining inspection (Acuren) + engineering (NV5) creates full-service infrastructure maintenance. Martin Franklin-led, 90% recurring revenue from critical assets. $1.6B debt scary but $170M FCF covers deleveraging. AI datacenter tailwind, 32% gross margins vs 25% legacy. Bear case -15%, bull +290% on re-rating from 7x to 13x EBITDA as market recognizes engineering mix.
Read full article (19 min)