Professional
Added to YB: 2022-12-30
Pitch date: 2022-12-30
DUR.AX [bullish]
Duratec Limited
+250.41%
current return
Author Info
Sohra Peak is a NY-based fund focused on undervalued small-caps with long-term potential. Follow the founder on Twitter.
Company Info
Duratec Limited, together with its subsidiaries, engages in the provision of assessment, protection, remediation, and refurbishment services to a range of assets primarily for steel and concrete infrastructure in Australia.
Market Cap
AUD 491.2M
Pitch Price
AUD 0.53
Price Target
0.93 (-49%)
Dividend
2.23%
EV/EBITDA
10.64
P/E
21.97
EV/Sales
0.80
Sector
Construction and Engineering
Category
growth
Sohra Peak Investment Memo: $DUR.AX
DUR.AX: Fast-growing infrastructure maintenance co. Competitive edge from MEnD subsidiary's 3D modeling & lab services. Aligned mgmt, 33% stake. Diversifying into defense, O&G. FY23E P/E 9.7x, EV/EBIT 6.9x. Orderbook visibility, DoD tailwinds suggest continued strong growth.
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