Added to YB: 2026-08-28
Pitch date: 2026-08-26
TVK.TO [neutral]
TerraVest Industries Inc.
+0.83%
current return
Author Info
Don Wharton is Executive Chair of SureSwift Capital Victoria. He writes about under-the-radar compounders. Sign up for the newsletter.
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 2.5B
Pitch Price
CAD 115.00
Price Target
N/A
Dividend
0.70%
EV/EBITDA
11.58
P/E
27.50
EV/Sales
2.11
Sector
Energy Equipment and Services
Category
growth
High Volatility for Calian and TerraVest After Earnings - $TVK.TO
TVK.TO (monitor): TerraVest delivered solid Q3 results, with revenue up 14% to C$460M and adjusted EBITDA up 28% to C$87M. HVAC sales surged 83% to C$182M on data-center demand, while compressed-gas revenue fell 12% on weak tank-trailer demand; management expects both trends to persist. The key question is whether AI infrastructure spending can sustain HVAC growth, alongside the insider-tipping allegations involving the executive chairman.
Read full article (2 min)