Added to YB: 2024-12-13
Pitch date: 2024-12-12
REVG [bullish]
REV Group, Inc.
+71.84%
current return
Author Info
No bio for this author
Company Info
REV Group, Inc., together with its subsidiaries, designs, manufactures, and distributes specialty vehicles, and related aftermarket parts and services in North America and internationally.
Market Cap
$2.5B
Pitch Price
$34.45
Price Target
N/A
Dividend
0.47%
EV/EBITDA
12.32
P/E
23.98
EV/Sales
1.07
Sector
Machinery
Category
turnaround
REV Group ($REVG) - A business expanding margins, and doing buybacks
REVG: Market leader (30% fire trucks, 50% ambulances) with $4.2B backlog. Margin expansion from high-margin backlog conversion & streamlined ops. $350M+ FCF for buybacks/dividends. Trades at 5.6x FY27 PE, 20% IRR potential. Risks: production bottlenecks, backlog reliance, cyclical RV market. Cheap turnaround with strong visibility.
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