Added to YB: 2026-08-18
Pitch date: 2026-08-14
TVK.TO [neutral]
TerraVest Industries Inc.
-6.57%
current return
Author Info
No bio for this author
Company Info
TerraVest Industries Inc., together with its subsidiaries, manufactures and sells goods and services in Canada, the United States, and internationally.
Market Cap
CAD 2.8B
Pitch Price
CAD 127.94
Price Target
N/A
Dividend
0.62%
EV/EBITDA
12.62
P/E
31.15
EV/Sales
2.30
Sector
Energy Equipment and Services
Category
growth
TerraVest Q3 2026 Update
TVK.TO (earnings): Q3 sales +14%, adj EBITDA +28%, CAD +31%. HVAC/Containment (tanks) surging on data center/industrial demand (+83% sales, +126% EBITDA) while Compressed Gas (trailers) weak (-12% sales). Trailers likely under-earning, tanks over-earning. YTD CFO +88%. KBK acq ~1.2x sales. Net debt +C$62M but leverage below 4.25x covenant. C$30M buybacks at C$115 avg. Thesis intact: disciplined M&A of niche industrials.
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