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TerraVest Industries Inc T.TVK

Alternate Symbol(s):  TRRVF

TerraVest Industries Inc. is a manufacturer of home heating products, propane, anhydrous ammonia (NH3) and natural gas liquids (NGL) transport vehicles and storage vessels, energy processing equipment and fiberglass storage tanks. Its segments include Home Heating and Cooling Products (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment and Service. HVAC Equipment segment manufactures and distributes products, including commercial and residential refined fuel tanks, furnaces, boilers, air conditioning equipment and controls. Compressed Gas Equipment segment manufactures engineered products for the storage, distribution and dispensing of compressed gases including liquid propane gas, natural gas liquids, and other gases. Energy Processing Equipment segment manufactures and sells equipment, such as wellhead processing equipment and tanks, biogas production equipment, and other custom process equipment.


TSX:TVK - Post by User

Post by Torontojayon Dec 02, 2023 8:49am
485 Views
Post# 35764968

Almost 10 years as a public company

Almost 10 years as a public company

A little gem that nobody knows or talks about is consistently outperforming the market. The company first began trading on Feb 6,2014 and closed the day with a price of $5.46. At todays price of $ 37.00 and for simplicity, assuming its share price stays close to todays levels by Feb 6th 2024 (10 years later) it would have compounded annually by 21% without including dividends!!! That is, over a 10 year stretch, its share price price increased almost 7 times! 

The company is still trading at attractive earnings multiple and they are compounding earnings consistently at 15-20% annually which is consistent with its historical returns. For somebody wishing to include a stock in their portfolio, this one could be it. Do your own research. 

 

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