Added to YB: 2026-03-12
Pitch date: 2026-01-13
TCL-A.TO [bullish]
Transcontinental Inc.
+0.78%
current return
Author Info
No bio for this author
Company Info
Transcontinental Inc. engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.
Market Cap
CAD 2.0B
Pitch Price
CAD 22.94
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.35
P/E
11.83
EV/Sales
0.98
Sector
Containers and Packaging
Category
special_situation
Transcontinental Inc. - $TCL-A.TO
TCL-A.TO: Selling flexible packaging to Proampac for $2.1B (8.7x EBITDA), distributing $20/share in early March ($7 return of capital + $13 dividend). Current $22.91 = $2.91 stub at 2.9x EBITDA. Tax-free accounts capture 12% return in 2 months (94% on at-risk capital) as stub rerates to $5.67 (4x EBITDA, 40% FCFE yield). Marcoux family lockup secures 66% shareholder approval. Printing stub guided $209M EBITDA, declining MSD but mgmt cost-cutting + tuck-in M&A at 3x offset declines.
Read full article (4 min)