Added to YB: 2024-02-19
Pitch date: 2024-02-13
DE.V [bullish]
Decisive Dividend Corporation
-11.92%
current return
Author Info
Don Wharton is Executive Chair of SureSwift Capital Victoria. He writes about under-the-radar compounders. Sign up for the newsletter.
Company Info
Decisive Dividend Corporation, through its subsidiaries, manufactures and sells wood burning stoves, fireplace inserts, and gas fireplaces in Canada, the United States, and internationally.
Market Cap
CAD 146.4M
Pitch Price
CAD 8.06
Price Target
N/A
Dividend
7.15%
EV/EBITDA
9.01
P/E
22.44
EV/Sales
1.54
Sector
Industrial Conglomerates
Category
dividend
Decisive Dividend Corporation is Gearing up for More Acquisitions
DE.V expands credit by $107M for acquisitions, grows EBITDA 25% annually. Buys small manufacturers <$25M EV, pays monthly dividend. Skilled team, 32% ann. return since IPO, targets $2T market of exiting biz owners. Under radar compounder like CSU.
Read full article (13 min)