Added to YB: 2024-12-19
Pitch date: 2024-11-03
CVGI [bullish]
Commercial Vehicle Group, Inc.
+58.75%
current return
Author Info
No bio for this author
Company Info
Commercial Vehicle Group, Inc., together with its subsidiaries, provides systems, assemblies, and components to the vehicle market and electric vehicle markets in North America, Europe, and the Asia-Pacific.
Market Cap
$162.0M
Pitch Price
$3.03
Price Target
9.00 (+87%)
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
0.43
Sector
Machinery
Category
turnaround
Commercial Vehicle Group, Inc. - $CVGI
CVGI: Tier 1 auto supplier w/ 90% renewal rate, 16% ROTC. Trades at 0.2x EV/sales, 5x EBITDA vs recent 0.4x, 7.8x divestiture. Restructuring + $10M SG&A cuts. 2026 prebuy to drive volumes. $63M 2026 EBITDA, $1 EPS. PT $7-9 (5x EBITDA, 9x P/E). Downside protected at 0.5x $6 TBV.
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