Professional
Added to YB: 2024-11-08
Pitch date: 2024-10-09
TVK.TO [neutral]
TerraVest Industries Inc.
+55.8%
current return
Author Info
No bio for this author
Company Info
TerraVest Industries Inc. manufactures and sells goods and services to agriculture, mining, energy production and distribution, chemical, utilities, transportation and construction, and other markets in Canada, the United States, and internationally.
Market Cap
CAD 2.7B
Pitch Price
CAD 98.46
Price Target
N/A
Dividend
0.56%
EV/EBITDA
15.95
P/E
31.96
EV/Sales
3.12
Sector
Energy Equipment and Services
Category
value
Plural Investing Portfolio Holding: TerraVest Industries Inc.
TVK.TO significantly trimmed position: Acquirer of steel-based storage tank businesses. 35% p.a. returns for decade, 25% post-tax ROIC, mgmt owns 35%. Bought at C$35, now C$100. Expect continued strong returns but reduced position for new ideas. Mgmt selling partly due to potential tax hike.
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