Added to YB: 2024-05-22
Pitch date: 2024-05-13
CVX.V [neutral]
CEMATRIX Corporation
+2.74%
current return
Author Info
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Company Info
CEMATRIX Corporation, through its subsidiaries, engages in the onsite production of cellular concrete for infrastructure, industrial, and commercial construction markets in North America.
Market Cap
CAD 55.4M
Pitch Price
CAD 0.36
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.94
P/E
18.23
EV/Sales
1.15
Sector
Construction Materials
Category
turnaround
Cematrix $CVX.V (3.25/5)
CVX.V: Q1 rev +17.5% YoY to $8.4M but -55% QoQ; margins 30.2% vs 10.4%; net income $350k vs $1.67M loss; cash +140% to $7.9M; receivables collected; $2M debt; backlog $84M from $100M on project scope reduction; TTM EV/EBITDA <8, Rev/MC <1; upside but Q3/Q4 comps & lost backlog risk
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