Added to YB: 2026-04-27
Pitch date: 2026-04-23
TIC [neutral]
TIC Solutions, Inc.
+0.81%
current return
Author Info
Rebound Capital shares deep research on beaten-down stocks. Sign up for the newsletter.
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
$2.0B
Pitch Price
$8.63
Price Target
23.00 (+167%)
Dividend
N/A
EV/EBITDA
15.53
P/E
-15.99
EV/Sales
2.12
Sector
Professional Services
Category
value
Deep Dive: TIC Solutions ($TIC)
TIC (deep dive): Merged NV5+Acuren creates $2.1B end-to-end TICC platform (engineering→inspection). 16% 2026 EBITDA margin expanding to 18% by 2029 on $25M synergies & cross-selling. Levered to AI data centers ($50M rev, +100% YoY) & grid modernization. Base case $23/share (155% upside) vs $9 current; bear $16. 4x-6x EBITDA M&A accretive. Sir Martin Franklin (APG playbook, 25% CAGR) chairs w/ 7% stake. Risks: $1.6B debt deleveraging, integration, AI capex slowdown. Catalyst: delevering + analyst day guidance.
Read full article (9 min)