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Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

TerraVest Capital Inc (TVK-T) is a $1 billion market cap company with no analyst coverage. The company provides storage tanks for the energy fields and is known for its strong acquisition strategies and capital stewardship. The company has demonstrated consistent growth in ROC and EBITDA, with a reasonable valuation and strong balance sheet. Despite the deceleration in growth, experts are comfortable with the outlook and see potential for continued execution going forward.

Consensus
Positive
Valuation
Fair Value
BUY

He could have made it a top pick. It is about $1 billion in market cap and has no analyst coverage. It provides storage tanks for the energy fields. It is active in acquisitions and they are very good stewards of capital. The ROC is over 20% every year. The P/E is now about 15.

investment companies / funds
BUY ON WEAKNESS
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

The strength is a bit surprising considering financial terms were not disclosed on the acquisition. TVK is trading at 10.4x EV/EBITDA, the higher end of multiple averages in the last few years ranging from 6.3x to 10.4x, that said, fundamentally, it is not too expensive given the track record of capital allocation, and we are okay to buy some here (perhaps a quarter position) and average into the position over time. We would add more aggressively to the position if it drops below $60. Momentum is very strong but it is not likely to be a straight up move and some consolidation is to be expected. 
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investment companies / funds
PARTIAL BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

TVK’s growth was driven mainly through its acquisition strateg and it is now trading at 8.3x times' EV/EBITDA. In the 3Q, TVK’s revenue grew 4% to $150.4M, compared to last year of $145M and cash available for distribution also grew slightly by 9% to $13.2M compared to last year of $ 12.2 M. Growth was slower compared to previous quarters of more than 20%, but  the deceleration in growth was expected after two booming years of explosive demand for oil and gas processing equipment and services. Overall, an okay quarter. It has no analysts and thus no estimates, but we are comfortable with the outlook. 

The balance sheet is strong, with net debt of $250M and net debt/EBITDA is around 2.3x. TVK generated healthy cash flow which was mostly reinvested back into the business through acquisitions (TVK pays dividends but the payout ratio was only 17%). We like TVK, the company is trading at a reasonable valuation with a track record of growing EBITDA consistently while opportunistically buying back shares too, we expect TVK continues to demonstrate execution going forward, would be comfortable to average into the position over time.
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investment companies / funds
HOLD
A conglomerate and he isn’t a big fan of this model. A well-known catalyst investor has just purchased about 19%. May sell of some weaker units.
investment companies / funds
WEAK BUY
Half of their business is in oilfield services, which has not quite bottomed yet. The other half is in several derivative forms attached to the housing market. Really cheap at 5 X pro forma EBITDA. OK with a basket of risks.
investment companies / funds
DON'T BUY
A mini holding company. Bought a variety of businesses related to housing, and oil field businesses. Thinks q2 will look pretty ugly. Yield is currently 17%, which he doesn't think is sustainable.
investment companies / funds
DON'T BUY
A diversified trust that has a number of different businesses. You can run into a problem of buying too many businesses and going too wide. 16% yield.
investment companies / funds
DON'T BUY
Prefers companies that are in one line of business. This company is in several lines ranging from upholstered furniture to metal bending for the oil patch. Difficult to have all business lines firing at the same time.
investment companies / funds
DON'T BUY
The company is paying out more than they are getting. Current distributions could not be attainable.
investment companies / funds
TOP PICK
Stock is trading at about $8.50 and the NAV is $11. While you're waiting, it pays a 16% income yield.
investment companies / funds
DON'T BUY
Like a holding company. They make different investments in various business sections. Likes the model. Had a few stumbles in the past. Prefers others. 15.8% yield is a red flag.
investment companies / funds
BUY
Pretty good little story. Not very well followed. Sold their holdings, but it's still a decent story. Had a pretty good quarter.
investment companies / funds
TOP PICK
Looks for and acquires undervalued Canadian companies. Uses public market valuation and private market valuation, which has a big spread between them, and arbitrages them.
investment companies / funds
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TerraVest Capital Inc(TVK-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for TerraVest Capital Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

TerraVest Capital Inc(TVK-T) Frequently Asked Questions

What is TerraVest Capital Inc stock symbol?

TerraVest Capital Inc is a Canadian stock, trading under the symbol TVK-T on the Toronto Stock Exchange (TVK-CT). It is usually referred to as TSX:TVK or TVK-T

Is TerraVest Capital Inc a buy or a sell?

In the last year, 3 stock analysts published opinions about TVK-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for TerraVest Capital Inc.

Is TerraVest Capital Inc a good investment or a top pick?

TerraVest Capital Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for TerraVest Capital Inc.

Why is TerraVest Capital Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is TerraVest Capital Inc worth watching?

3 stock analysts on Stockchase covered TerraVest Capital Inc In the last year. It is a trending stock that is worth watching.

What is TerraVest Capital Inc stock price?

On 2024-04-12, TerraVest Capital Inc (TVK-T) stock closed at a price of $71.8.