TVK Stock Analysis: Terravest Capital | TO
Oil & Gas Equipment & Services | TO, Canada | Market Cap: 2.416m CAD | 12M Return: -7.7% | CA88105G1037 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.17M
EPS Trend: -23.8%
Qual. Beats: 1
Rev. Trend: 98.8%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.8 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
TerraVest Industries manufactures and sells HVAC, storage, compressed-gas, and processing equipment, alongside services such as water management, rentals, and well servicing. Its products support the storage, transport, and processing of fuels, gases, chemicals, and other materials, serving energy, agriculture, mining, utilities, and other industries.
- Propane tank and HVAC demand supports equipment revenue
- Oilfield and compressed-gas orders track energy investment
- Acquisition-led growth raises integration and leverage risks
| Net Income: 92.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 1.53 > 1.0 |
| NWC/Revenue: 14.62% < 20% (prev 13.20%; Δ 1.42% < -1%) |
| CFO/TA 0.08 > 3% & CFO 198.3m > Net Income 92.6m |
| Net Debt (1.44b) to EBITDA (356.4m): 4.03 < 3 |
| Current Ratio: 1.54 > 1.5 & < 3 |
| Outstanding Shares: last quarter (22.1m) vs 12m ago 4.71% < -2% |
| Gross Margin: 21.72% > 18% (prev 28.14%; Δ -6.41% > 0.5%) |
| Asset Turnover: 77.70% > 50% (prev 56.44%; Δ 21.26% > 0%) |
| Interest Coverage Ratio: 2.89 > 6 (EBIT TTM 189.6m / Interest Expense TTM 65.7m) |
| A: 0.11 (Total Current Assets 721.9m - Total Current Liabilities 468.7m) / Total Assets 2.36b |
| B: 0.10 (Retained Earnings 231.7m / Total Assets 2.36b) |
| C: 0.09 (EBIT TTM 189.6m / Avg Total Assets 2.23b) |
| D: 0.50 (Book Value of Equity 763.7m / Total Liabilities 1.54b) |
| Altman-Z'' = 2.12 = BBB |
| DSRI: 0.83 (Receivables 233.7m/191.8m, Revenue 1.73b/1.18b) |
| GMI: 1.30 (GM 28.14% / 21.72%) |
| AQI: 0.87 (AQ_t 0.41 / AQ_t-1 0.47) |
| SGI: 1.46 (Revenue 1.73b / 1.18b) |
| TATA: -0.04 (NI 92.6m - CFO 198.3m) / TA 2.36b) |
| Beneish M = -2.65 (Cap -4..+1) = A |
As of November 12, 2026, the stock is trading at CAD 113.44 with a total of 40,990 shares traded. Over the past week, the price has changed by +6.18%, over one month by -3.11%, over three months by -8.52% and over the past year by -7.72%.
Current recommended Stop Loss: 108.80 (which is 4.1% or 1.2 ATR below the current price).
Terravest Capital has no consensus analysts rating.
P/E Trailing = 27.3689
P/E Forward = 26.6667
P/S = 1.3955
P/B = 3.1436
P/EG = 0.5923
Revenue TTM = 1.73b CAD
EBIT TTM = 189.6m CAD
EBITDA TTM = 356.4m CAD
Long Term Debt = 750.1m CAD (from longTermDebt, last quarter)
Short Term Debt = 126.4m CAD (from shortTermDebt, last quarter)
Debt = 1.46b CAD (from shortLongTermDebtTotal, last quarter) + Leases 300.3m
Net Debt = 1.44b CAD (calculated: Debt 1.46b - CCE 22.0m)
Enterprise Value = 3.85b CAD (2.42b + Debt 1.46b - CCE 22.0m)
Interest Coverage Ratio = 2.89 (Ebit TTM 189.6m / Interest Expense TTM 65.7m)
EV/FCF = 35.52x (Enterprise Value 3.85b / FCF TTM 108.5m)
FCF Yield = 2.82% (FCF TTM 108.5m / Enterprise Value 3.85b)
FCF Margin = 6.27% (FCF TTM 108.5m / Revenue TTM 1.73b)
Net Margin = 5.35% (Net Income TTM 92.6m / Revenue TTM 1.73b)
Gross Margin = 21.72% ((Revenue TTM 1.73b - Cost of Revenue TTM 1.36b) / Revenue TTM)
Gross Margin QoQ = 21.63% (prev 20.48%)
Tobins Q-Ratio = 1.63 (Enterprise Value 3.85b / Total Assets 2.36b)
Interest Expense / Debt = 4.50% (Interest Expense 65.7m / Debt 1.46b)
Taxrate = 21.96% (29.5m / 134.3m)
NOPAT = 147.9m (EBIT 189.6m * (1 - 21.96%))
Current Ratio = 1.54 (Total Current Assets 721.9m / Total Current Liabilities 468.7m)
Debt / Equity = 1.91 (Debt 1.46b / totalStockholderEquity, last quarter 763.7m)
Debt / EBITDA = 4.03 (Net Debt 1.44b / EBITDA 356.4m)
Debt / FCF = 13.25 (Net Debt 1.44b / FCF TTM 108.5m)
Total Stockholder Equity = 747.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.16% (Net Income 92.6m / Total Assets 2.36b)
RoE = 12.40% (Net Income TTM 92.6m / Total Stockholder Equity 747.0m)
RoCE = 12.66% (EBIT 189.6m / Capital Employed (Equity 747.0m + L.T.Debt 750.1m))
RoIC = 7.41% (NOPAT 147.9m / Invested Capital 2.00b)
WACC = 6.27% (E(2.42b)/V(3.88b) * Re(7.94%) + D(1.46b)/V(3.88b) * Rd(4.50%) * (1-Tc(0.22)))
Discount Rate = 7.94% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 97.23 | Cagr: 7.64%
[DCF] Terminal Value 77.97% ; FCFF base≈90.8m ; Y1≈104.1m ; Y5≈153.2m
[DCF] Fair Price = 40.50 (EV 2.31b - Net Debt 1.44b = Equity 867.8m / Shares 21.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -23.81 | EPS CAGR: -6.72% | SUE: 0.98 | # QB: 1
Revenue Correlation: 98.77 | Revenue CAGR: 43.72% | SUE: 0.40 | # QB: 0
EPS current Quarter (2026-12-31): EPS=0.76 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-09-30): EPS=3.73 | Chg30d=+2.57% | Revisions=+40% | GrowthEPS=+23.1% | GrowthRev=+30.7%
EPS next Year (2027-09-30): EPS=4.77 | Chg30d=-11.50% | Revisions=+0% | GrowthEPS=+28.0% | GrowthRev=+11.8%
[Analyst] Revisions Ratio: +29% (up=3, down=1)