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Added to YB: 2024-03-15

Pitch date: 2024-03-15

TVK.TO [bullish]

TerraVest Industries Inc.

+182.1%

current return

Author Info

Company Info

TerraVest Industries Inc. manufactures and sells goods and services to agriculture, mining, energy production and distribution, chemical, utilities, transportation and construction, and other markets in Canada, the United States, and internationally.

Market Cap

CAD 2.7B

Pitch Price

CAD 54.37

Price Target

N/A

Dividend

0.56%

EV/EBITDA

15.95

P/E

31.96

EV/Sales

3.12

Sector

Energy Equipment and Services

Category

growth

Show full summary:
Plural Investing's thesis on industrial roll-up compounder, TerraVest ($TVK.TO)

TVK.TO (TerraVest Industries): Compounder with decentralized roll-up of storage tank & boiler cos at 7x NI. Management aligned w/ 2032 options, can 15x comp at 15% CAGR. 2% organic but accretive M&A runway. 14x FCF for capital allocator CEO. terminal value risk in boilers offset by replacement cycle.

Read full article (41 min)