Added to YB: 2024-10-21
Pitch date: 2024-10-19
TEA.AX [bullish]
Tasmea Limited
+83.69%
current return
Author Info
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Company Info
Tasmea Limited provides shutdown, maintenance, emergency breakdown, and capital upgrade services in Australia.
Market Cap
AUD 1.2B
Pitch Price
AUD 2.36
Price Target
7.60 (+75%)
Dividend
2.67%
EV/EBITDA
15.32
P/E
19.59
EV/Sales
2.35
Sector
Construction and Engineering
Category
growth
Tasmea Limited (AU:TEA)
TEA.AX: Eng/maintenance services co in Aus. 20% CAGR, 13% EBIT margin. Strong in remote areas, high customer retention. 73% recurring rev. $22.4B TAM by 2028. Founders own majority. Risks: limited track record, capex %. PT $7.6 by 2029. Currently $2.58, 13x fwd PE.
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