Bullboard - Stock Discussion Forum Zedcor Inc V.ZDC

Alternate Symbol(s): CRFQF

Industrials Security & Protection Services

Zedcor Inc. is a Canada-based company, which provides mobile industrial & commercial surveillance solutions. The Company's MobileyeZ security towers provide turnkey and customized mobile surveillance and live monitoring solutions to blue-chip customers across North America. Its MobileyeZ towers, available as electric with battery backup, solar hybrid and diesel, can provide surveillance... see more

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TSXV:ZDC - Post Discussion

Zedcor Inc > Time to Short ZDC

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Post by BERationale on Dec 02, 2024 8:04pm

Time to Short ZDC

Trading at >35x+ forecasted 2024 EBITDA for what is a rental company that should trade at 5x (i.e United with a $55Bn mkt cap is sub 10x). Even if you believe in the growth it will undoubtedly face margin pressure as it grows. Add to that the capital requirements and the free cash flow conversion is going to be minimal. ~$350mm enterprise value for a company that generated $2.8mm of true EBITDA (unadjusted) last quarter... come on!

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