Professional
Added to YB: 2025-01-28
Pitch date: 2025-01-26
REVG [bullish]
REV Group, Inc.
+71.54%
current return
Author Info
Alex is an MBA from Columbia Business School, Value Investing Program that invests in global stocks. Sign up for the newsletter.
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
$34.07
Price Target
48.00 (-18%)
Dividend
0.47%
EV/EBITDA
12.32
P/E
23.98
EV/Sales
1.07
Sector
Machinery
Category
turnaround
Rome Capital Portfolio Holding: REV Group, Inc.
REVG: Specialty vehicle leader w/ 74% rev from oligopolistic SV market. New mgmt driving turnaround: EBITDA margins from 3.7% to 8.3% in 2024. 2.5yr backlog, 30-40% higher pricing vs 2019. Target 10-12% EBITDA margin by 2027. Trading at 5.8x 2027 EBITDA, 38% upside potential. Risks: RV segment cyclicality.
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