Added to YB: 2024-11-12
Pitch date: 2024-11-09
E.TO [neutral]
Enterprise Group, Inc.
-25%
current return
Author Info
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Company Info
Enterprise Group, Inc., through its subsidiaries, operates as an equipment rental and construction services company in Canada.
Market Cap
CAD 102.1M
Pitch Price
CAD 1.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.33
P/E
48.98
EV/Sales
3.72
Sector
Trading Companies and Distributors
Category
value
Enterprise Group, Inc. - $E.TO
E.TO (downgrade): Q3 disappoints: rev -19.4% YoY, GM -900bps to 37.1%, G&A +50%, $200k loss. YTD still positive: rev +12.3%, GM +300bps to 47.4%, op income +15%. Strong balance sheet (3.8x current ratio), $8.1M cash. Trading <3x TTM rev, 7x EV/EBITDA. Outlook positive for 2024+. Downgraded but still 4-star.
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