Added to YB: 2026-06-09
Pitch date: 2026-06-05
TEA.AX [neutral]
Tasmea Limited
+18.09%
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 2.2B
Pitch Price
AUD 7.95
Price Target
N/A
Dividend
1.40%
EV/EBITDA
25.60
P/E
44.05
EV/Sales
3.34
Sector
Construction and Engineering
Category
growth
Radar - Tasmea Limited
TEA.AX (overview): Australian serial acquirer of specialist industrial services (mining, energy, infra, water, defense), founder-led decentralized model. Acquired Maxim (electrical/data centers/BESS) for A$254M (5.4x EBIT), +31% EPS accretive, net leverage <1x. Maxim rev +70% YoY, A$1.3B pipeline; electrical EBIT ~A$100M post-deal. Plus 10c special div. Stock +15% on news, ~2x YTD, near ATH but valuation reasonable if cheap EBIT keeps compounding.
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