Added to YB: 2025-08-29
Pitch date: 2025-07-06
TIC [bullish]
TIC Solutions, Inc.
-16.18%
current return
Author Info
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Company Info
TIC Solutions, Inc. provides critical asset integrity services in North America. The company offers testing, inspection, certification, and compliance (TICC) services, including various nondestructive testing (NDT) techniques, such as radiography, ultrasonic testing, magnetic particle inspection, penetrant testing, and visual inspection.
Market Cap
$2.1B
Pitch Price
$11.37
Price Target
16.00 (+68%)
Dividend
N/A
EV/EBITDA
20.02
P/E
-22.68
EV/Sales
2.83
Sector
Professional Services
Category
special_situation
Acuren Corporation - $TIC
TIC: NDT/TIC leader trades 10x EBITDA despite 17% margins, 5% FCF yield. NV5 merger in 2H25 adds $350M EBITDA, $20M synergies, but lifts leverage to 4.6x. 43% recurring revenue, mix shift to higher-margin work. Target $16 (12x multiple) as deleveraging + integration drives re-rating vs cheap 9-10x valuation.
Read full article (20 min)