Professional
Added to YB: 2020-04-27
Pitch date: 2020-04-27
TPIC [bullish]
TPI Composites, Inc.
-99.85%
current return
Author Info
No bio for this author
Company Info
TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs) in the United States, Mexico, Europe, the Middle East, Africa, and India.
Market Cap
$7.6M
Pitch Price
$16.66
Price Target
N/A
Dividend
N/A
EV/EBITDA
280.55
P/E
-0.04
EV/Sales
0.47
Sector
Electrical Equipment
Category
growth
Appleseed Fund new holding: TPI Composites (tpic)
TPIC: Wind turbine blade maker w/ 14% global share. 35% rev CAGR, 41% EBITDA CAGR past 5yrs despite tough 2019 (manufacturing transitions, customer bankruptcy, strike). Wind cost-competitive w/ fossil fuels, growth tailwinds from global warming focus. Targets $2B rev, 12% EBITDA margin, 35%+ ROIC ($3.64 EPS) vs $14 price.
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