Added to YB: 2026-04-03
Pitch date: 2026-04-01
NFI.TO [neutral]
NFI Group Inc.
-2.04%
current return
Author Info
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Company Info
NFI Group Inc., together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific.
Market Cap
CAD 1.6B
Pitch Price
CAD 18.66
Price Target
N/A
Dividend
N/A
EV/EBITDA
39.83
P/E
-11.54
EV/Sales
0.78
Sector
Machinery
Category
turnaround
NFI Group TSX:NFI Turnaround Continues
NFI.TO (holding update): Q4 rev +22% YoY, FCF returned. Battery recall settled at 72% recovery ($166M income vs $229M Q3 provision). NA transit bus biz strong (NFI & Gillig duopoly), but backlog risk high (2yr delivery lag invites new competition). COVID supply chain tail persists, industry deliveries below pre-pandemic. Mgmt guide conservative. Long but cautious on execution risk.
Read full article (2 min)