Professional
Added to YB: 2023-04-15
Pitch date: 2023-04-15
LMB [bullish]
Limbach Holdings, Inc.
+300.22%
current return
Author Info
1 Main Capital is a long-biased investment partnership that invests primarily in high-quality, attractively valued, growing businesses. Visit their fund website.
Company Info
Limbach Holdings, Inc. operates as a building systems solution company in the United States. The company operates through two segments, Owner Direct Relationships and General Contractor Relationships.
Market Cap
$917.6M
Pitch Price
$17.86
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
1.49
Sector
Construction and Engineering
Category
growth
1 Main Holdings new position: Limbach Holdings (LMB)
LMB: Bullish on specialty contractor. New CEO, transition to owner-direct relationships driving teens organic growth, doubling EBITDA margins to 6%+. Net cash, pursuing accretive M&A. Trades 3x EBITDA, 5x FCF vs peers 10-12x & 15-20x. Expects EPS growth + multiple expansion.
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