Professional
Added to YB: 2023-04-15
Pitch date: 2023-04-15
LMB [bullish]
Limbach Holdings, Inc.
+325.25%
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. It operates through two segments, General Contractor Relationships and Owner Direct Relationships.
Market Cap
$792.6M
Pitch Price
$17.86
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.54
P/E
22.51
EV/Sales
1.43
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.
Read full article (2 min)