Related posts

Most Anticipated Earnings: BLDP-T, BOS-T and more Canadian Companies Reporting Earnings this Week (May 06-10)Earning Reports to Watch (Feb 04-08)Earning Reports to Watch (Dec 3-7)
Investor Insights

This summary was created by AI, based on 11 opinions in the last 12 months.

TerraVest Capital Inc (TVK-T) has been described as a unique serial acquirer of energy assets with a solid track record of growth over the years. The company has managed to compound capital at an impressive 42% per year since going public in 2013. While it is trading at a premium valuation relative to its historical averages, experts still see it as a solid compounder with room for growth. TerraVest Capital Inc is considered well-run with good capital allocation skills and strong insider ownership, making it a solid hold for investors.

Consensus
Positive
Valuation
Fair Value
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jul 02/24, Up 74.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with TVK is progressing well.  To remain disciplined, we recommend trailing up the stop (from $97) to $112 at this time.

investment companies / funds
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jul 02/24, Up 58.2%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with TVK is progressing well.  To remain disciplined, we recommend trailing up the stop (from $88) to $97 at this time.

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

TVK is a unique serial acquirer of energy assets that possesses a solid track record of growing nicely over the years. In the last five years, TVK managed to grow its topline and EBITDA by approximately 23% and 27%, respectively. Since going public in 2013, TVK has managed to compound capital at 42% per year, even more impressively than CSU during that period. 

TVK is trading at 15.0x EV/EBITDA, a premium valuation relative to its own historical averages of around 8.4x. The company is not as cheap as it used to be, but that being said, we think TVK is still a solid compounder and it is not too late to own the name. However investors need to set realistic expectations as the prospective returns in the near term may not be as attractive as in the past.
Unlock Premium - Try 5i Free  

investment companies / funds
BUY

Has been watching for a while, and recently bought shares. Company has continued to grow. Recently did a large equity raise. Very well run. Good capital allocation skills. Will continue to own shares. Valuation is still good - room for growth. 

investment companies / funds
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jul 02/24, Up 41.5%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with TVK is progressing well.  To remain disciplined, we recommend trailing up the stop (from $76) to $88 at this time.

investment companies / funds
BUY

Getting more recognition all the time, not done yet. Continues to execute really well. Acquire, integrate, grow earning. Repeat. Well managed. Strong insider ownership, and that bodes well for the growth of the company.

investment companies / funds
BUY

Has been dormant for many years, but has been one of the best Canadian compounders. They're not in a high-growth industries, but TVK can make highly accretive acquisitions. Earnings power is high. Have a strong balance sheet and capital to deploy. Are very good at synergizing, but doubts they can be as accretive when buying larger companies. Is a solid hold.

investment companies / funds
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jul 02/24, Up 33.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with TVK is progressing well.  To remain disciplined, we recommend trailing up the stop (from $69) to $76 at this time.  

investment companies / funds
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jul 02/24, Up 26.5%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with TVK has achieved its objective at $91.  To remain disciplined, we recommend covering half the position at time and trailing up the stop (from $57) to $69.  

investment companies / funds
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

TVK provides unique storage and distribution processing equipment in the energy and related fields.  Recently reported net income grew by 125% over the year allowing cash reserves to grow, while the company aggressively retired debt.  It trades at 22x earnings and supports a 28% ROE.   We recommend setting a stop-loss at $57, looking to achieve $91 -- upside potential of 26%.  Yield 0.7% 

(Analysts’ price target is $91.00)
investment companies / funds
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. 
Unlock Premium - Try 5i Free

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.
Unlock Premium - Try 5i Free

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
Showing 1 to 15 of 23 entries

TerraVest Capital Inc(TVK-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 11

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 11

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, 11 stock analysts published opinions about TVK-T. 11 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?

11 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 2024-12-13, TerraVest Capital Inc (TVK-T) stock closed at a price of $115.55.