Added to YB: 2026-04-01
Pitch date: 2026-03-29
TVK.TO [bullish]
TerraVest Industries Inc.
-8.44%
current return
Author Info
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Company Info
TerraVest Industries Inc., together with its subsidiaries, manufactures and sells goods and services in Canada, the United States, and internationally.
Market Cap
CAD 3.1B
Pitch Price
CAD 144.41
Price Target
N/A
Dividend
0.56%
EV/EBITDA
14.23
P/E
33.40
EV/Sales
2.61
Sector
Energy Equipment and Services
Category
growth
Hidden Gems: Sixth Edition - TerraVest Industries Inc.
TVK.TO: Canadian industrial roll-up delivering 30%+ CAGR via M&A in propane tanks, boilers, trailers. CEO Haw + Chair Pellerin buy targets at 5x EBITDA, optimize to 2-3x via steel purchasing power (10-30% discounts), speed, consolidation → 20-25% after-tax returns on capital. FY25 deployed C$850M (C$780M Entrans), proving runway expansion. Q1'26: 9% organic rev growth, margins compressed 14%→9% on integration/tariffs. Hidden optionality: Highland Tank supplies data center cooling (AI buildout). Exec bonuses reinvested in shares. CSU-style playbook in unsexy niches.
Read full article (6 min)