Deep Dive Stock Analysis: A Hidden Infrastructure Winner With +50% Upside
A quietly dominant contractor, improving ROIC, rising backlog, and a valuation the market still doubts
Last week, I sent a trade alert about a new position I added to the portfolio. As promised, here is the full deep dive.
This company does work that most people walk past every day. It builds the stuff that keeps cities moving. The business went through three tough years, then flipped the script this year: back to profit, strong cash generation, and a balance sheet that now leans net-cash.
Why I’m interested, at a glance:
Revenue is re-accelerating as multi-year projects ramp.
Margins are expanding as newer contracts with better terms take over.
Cash flow is strong, even after normal capex.
Debt risk is down. Liquidity is up.
The stock still trades at a discount to peers on several common metrics.
I see a clear path for earnings to be higher again next year if execution holds.
My fair-value work points to a +50% upside from here.
I’ll walk you through the story, the numbers, the risks, and the catalysts… and I’ll show how ROIC ties the operating improvements to valuation so you can see exactly why I bought.
Do you want to know?
