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Bullboard - Stock Discussion Forum Enterprise Group Inc T.E

Alternate Symbol(s):  ETOLF

Enterprise Group, Inc. is a consolidator of services, including specialized equipment rental to the energy/resource sector. The Company works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate carbon dioxide and greenhouse gas emissions for itself and its clients. It provides specialized equipment and services in the build out of infrastructure for the... see more

TSX:E - Post Discussion

Enterprise Group Inc > 4 Quarter Outlook
View:
Post by nozzpack on May 03, 2022 1:53pm

4 Quarter Outlook

I see Q1 in the $7 million to $7.5 million range, escalating at about 20% per quarter as the new ESG subsidiary begins ramping up .

Ebitda in Q1 will be in the $2.5 + million range 

By Q4/22, we should have a quarterly revenue  around  $10 million  which is $40 million annualized.
Ebitda margin will have regained the 40% level, which computes to about $15 + million per year in operating earnings.

At a modest 7.5 times Ebitda, Peer based fair value will be a market cap of about $110 million which computes to about $2.25 per share .

E now has arrived into the very promotable milieu, bringing with it a strong balance sheet, strong growth and strong cash flows while at the same time diversified in its revenue streams.
Comment by Stuckinsand on May 03, 2022 2:28pm
some solid numbers, however is 10M in q4 annualized to 40M realistic, this assumes Q2 and q3 are the same as q1 and q4, this has never happened in the oil and gas industry. just because someone has advanced math skills and can multiply a number by 4 doesn't mean it is realistic or attainable.
Comment by nozzpack on May 03, 2022 7:56pm
Billions have been committed by Canadian oil companies to fulfill their ESG requirements in 2022. Enterprise's Evolution Power subsidiary should quickly increment its revenue in 2022, reaching upwards to $ 3 million by Q4 of 2022. Its other 3 subsidiaries , given forecast 22% increase in oil field expenditures in 2022, should reach if not  exceed pre Covid sales of  $7 + million in ...more  
Comment by nozzpack on May 17, 2022 6:33am
My estimates for Q1 were very close. I called revenues to be $7.5 and the actual was $7.6. I see continued growth for the remainder of the year. At just 7.5 times annualized  Ebitda , fair value is $2.25 . Onwards and upwards..
Comment by BayStRising on May 17, 2022 11:57am
Growth is guaranteed pretty much. I think eps of $0.10-$0.14 with a P/E ratio of 12x  is likely in 12 months.
Comment by Stuckinsand on May 17, 2022 5:05pm
Enterprise bought companies between 2.2 and 4.5 x's EBITDA. In what fantasy is Enterprise now worth 7.5 x's EBITDA?
Comment by Stuckinsand on May 17, 2022 5:05pm
Enterprise bought companies between 2.2 and 4.5 x's EBITDA. In what fantasy is Enterprise now worth 7.5 x's EBITDA?
Comment by UncleFronbroth on May 17, 2022 7:01pm
Stuckin -- As a disgruntled former employee, at what point does this diatribe get old to you?
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