Added to YB: 2025-02-18
Pitch date: 2024-12-31
DIIBF [bullish]
Dorel Industries Inc.
-61.53%
current return
Author Info
No bio for this author
Company Info
Dorel Industries Inc. engages in the designing, manufacturing, sourcing, marketing, and distributing home and juvenile products in the United States, Europe, Latin America, Canada, and Asia .
Market Cap
CAD 34.6M
Pitch Price
CAD 2.81
Price Target
10.92 (+910%)
Dividend
N/A
Sector
Household Durables
Category
special_situation
Dorel Industries Inc. - $DIIBF
DIIBF: Distressed equity play. Juvenile biz rebounding ($65M+ EBITDA by 2025). Home segment sale imminent (~$85-90M). Pro forma $105M net debt after asset sales. Juvenile sale in 2025 for $460M (0.6x rev, 7.7x EBITDA). $10.92/share PT (4.5x). Risks: tariffs, execution. Catalysts: Jan asset sales, deleveraging.
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