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TerraVest Industries Inc T.TVK

Alternate Symbol(s):  TRRVF

TerraVest Industries Inc. is a diversified industrial company. Its segments include Home Heating and Cooling Products (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment and Service. The HVAC Equipment segment manufactures and distributes products, including commercial and residential refined fuel tanks, furnaces, boilers, air conditioning equipment and controls. The Compressed Gas Equipment segment manufactures engineered products for the storage, distribution and dispensing of compressed gases including liquid propane gas, natural gas liquids, carbon dioxide and other gases. The Energy Processing Equipment segment manufactures and sells equipment, such as wellhead processing equipment and tanks, biogas production equipment, and other custom process equipment. The Service segment provides a range of services to the energy sector in Western Canada. It is also engaged in water management and related services.


TSX:TVK - Post by User

Post by Torontojayon Aug 11, 2022 5:29am
260 Views
Post# 34887288

Q3 cash distribution

Q3 cash distribution

Cash distribution in Q3 has grown by 79% compared to last year for a total of $12,218. For the 9 months ending, cash distribution has increased by ~ 46% y/y. For the last 12 months, cash distribution has grown to $48,890 when compared to a market cap of ~ $433 million for a cash to market cap yield of 11.2%. Truly impressive numbers. 

 

Invested capital has grown by $112,915k when compared to fiscal 21 or about a 39% increase.


final remarks:

The company is trading as if it's cash distribution will stop growing or even slightly decrease over time. As one can see from the Q3 report, this is certainly not the case. 


 

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