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Added to YB: 2025-12-09

Pitch date: 2025-12-06

TEA.AX [bullish]

Tasmea Limited

-1.77%

current return

Author Info

No bio for this author

Company Info

Tasmea Limited provides shutdown, maintenance, emergency breakdown, and capital upgrade services in Australia.

Market Cap

AUD 1.2B

Pitch Price

AUD 4.51

Price Target

9.00 (+103%)

Dividend

2.67%

EV/EBITDA

15.32

P/E

19.59

EV/Sales

2.35

Sector

Construction and Engineering

Category

value

Show full summary:
Tasmea Limited - Beneath the high-vis and hard hats

TEA.AX: Australian industrial services roll-up w/ 25 specialist maintenance businesses, 90% recurring revenue via MSAs. EPS CAGR ~25% despite dilution, EBIT margins expanding 8.9% to 15%+ by FY26. ROIC >20%, trading 15x FY26 EPS. Recent WorkPac deal at 2.8x EBIT shows disciplined M&A. Target A$9 (~double).

Read full article (9 min)