Added to YB: 2025-03-26
Pitch date: 2025-03-25
NFI.TO [neutral]
NFI Group Inc.
+8.24%
current return
Author Info
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Company Info
NFI Group Inc., together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific.
Market Cap
CAD 1.1B
Pitch Price
CAD 12.14
Price Target
N/A
Dividend
N/A
EV/EBITDA
254.93
P/E
-3.89
EV/Sales
0.68
Sector
Machinery
Category
growth
Updates On: NFI Group Inc.
NFI.TO (update): Record backlog $12.8B, 15K units. Margins up, suppliers improving. 2025 sold out, selling into 2026. Less competition, often sole/dual bidder. Tariff impact unclear, may pass to customers. Leverage down to 4.37x, target 2-2.5x by 2025. Seat supplier issues resolving. $400M adj. EBITDA run rate expected end-2025. Convertible debt remains dilution risk.
Read full article (11 min)