Added to YB: 2024-12-11
Pitch date: 2024-12-09
WI.V [bullish]
The Western Investment Company of Canada Limited
+33.33%
current return
Author Info
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Company Info
The Western Investment Company of Canada Limited, is a private equity firm specializing in buyout and middle market investments.
Market Cap
CAD 25.5M
Pitch Price
CAD 0.47
Price Target
1.00 (+61%)
Dividend
1.09%
EV/EBITDA
N/A
P/E
-19.35
EV/Sales
21.56
Sector
Capital Markets
Category
value
Western Investment Company of Canada: An All-Star Management Team Driving Consolidation in Canada’s Niche Insurance Market
WI.V: Insurance holding co transforming via Fortress acquisition. Experienced mgmt (Rivett, Mawani, Tannas). Trading near book value, 2/3 cash. Target 100M premiums by 2028, 85% combined ratio. Risks: Ontario expansion, cash allocation, market softening. Upside 47-117% IRR 14-30%. Monitor: Fortress growth, float returns, acquisitions.
Read full article (10 min)