Added to YB: 2024-12-13
Pitch date: 2024-12-12
REVG [bullish]
REV Group, Inc.
+85.66%
current return
Author Info
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Company Info
REV Group, Inc. designs, manufactures, and distributes specialty vehicles and related aftermarket parts and services, operating through two segments: Specialty Vehicles and Recreational Vehicles.
Market Cap
$3.1B
Pitch Price
$34.42
Price Target
N/A
Dividend
0.38%
EV/EBITDA
14.45
P/E
33.81
EV/Sales
1.28
Sector
Machinery
Category
turnaround
REV Group ($REVG) - A business expanding margins, and doing buybacks
REVG: Market leader (30% fire trucks, 50% ambulances) with $4.2B backlog. Margin expansion from high-margin backlog conversion & streamlined ops. $350M+ FCF for buybacks/dividends. Trades at 5.6x FY27 PE, 20% IRR potential. Risks: production bottlenecks, backlog reliance, cyclical RV market. Cheap turnaround with strong visibility.
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