Added to YB: 2024-05-30
Pitch date: 2024-05-29
AEP.V [bullish]
Atlas Engineered Products Ltd.
-56.06%
current return
Author Info
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Company Info
Atlas Engineered Products Ltd. designs, manufactures, and sells engineered roof trusses, floor trusses, and wall panels in Canada.
Market Cap
CAD 41.4M
Pitch Price
CAD 1.32
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.40
P/E
-74.00
EV/Sales
0.96
Sector
Paper and Forest Products
Category
growth
Investment Thesis: Atlas Engineered Products ($AEP.V)
AEP.V: Canada's housing crisis presents huge opportunity for Atlas Engineered Products. AEP automates manufacturing of structural components, enabling homes to be built 5x faster with 20-25% labor savings. Proven M&A strategy (8 deals at 3-5x EBITDA) + integration boosts margins. Experienced mgmt owns 18%. Sales growing 40%+ with expanding margins. US expansion and lower rates are key catalysts. Estimates $250M sales & $500M mkt cap in 5yrs (50% haircut still attractive). PEG 0.4x.
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