Professional
Added to YB: 2025-03-03
Pitch date: 2025-02-28
WSC [neutral]
WillScot Holdings Corporation
-39.46%
current return
Author Info
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Company Info
WillScot Holdings Corporation provides turnkey temporary space solutions in the United States, Canada, and Mexico.
Market Cap
$3.2B
Pitch Price
$32.83
Price Target
N/A
Dividend
1.59%
EV/EBITDA
9.64
P/E
14.64
EV/Sales
3.06
Sector
Construction and Engineering
Category
turnaround
Willscot's Debt Reckoning
WSC (overview): Key pillars of bull thesis battered. Fleet utilization down, EBITDA -1.1%, FCF -17.1% Q4. 2025 guidance: EBITDA -1%, CapEx +14%. Debt/UOR up 63% in 3yrs. $527M due Jun 2025, $2.1B ABL Jun 2027. Old fleet can't support debt. Buyout unlikely due to high leverage, poor fleet quality.
Read full article (8 min)