Professional
Added to YB: 2025-10-08
Pitch date: 2025-10-06
MCCK [neutral]
Mestek, Inc.
Author Info
Halvio Capital is an investment firm that seeks to compound capital at high rates of return while taking limited risk of capital impairment through separately managed accounts. The firm’s goal is to outperform the broader indices over a long time frame. Sign up for the newsletter.
Company Info
Mestek, Inc., together with its subsidiaries, manufactures and sells heating, ventilating, and air conditioning products and equipment; and metal forming equipment in the United States and internationally.
Market Cap
$377.2M
Pitch Price
N/A
Price Target
85.00 (+67%)
Dividend
N/A
EV/EBITDA
N/A
P/E
31.95
EV/Sales
N/A
Sector
Household Durables
Category
value
Halvio Capital Portfolio Holding: Mestek, Inc.
MCCK (holding update): $347M OTC HVAC manufacturer trading at 2.6x EV/EBIT with $327M cash/commodities (94% of market cap) providing downside protection. Core biz stable through cycles, $21M H1 EBIT. CEO owns 75%, generated $189M commodity gains past decade. Comparable Elgen sold for 7x EV/EBITDA suggesting $85 target (85% upside).
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