Dane Capital New Idea: Wind At Their Back With 25% FCF Yield

Dane Capital Exclusive

IEA is an undiscovered, newly public renewables focused E&C company with a compelling valuation – 3.8x 2018 EV/EBITDA and a free cash flow yield of around 25% and record backlog.

IEA has a strong moat as 1 of 3 top-tier E&Cs to the renewables industry, and benefits from a national presence, top-tier customers, and low capital intensity (<2% of sales).


Please login to view the rest of this article - Not subscribed? Click here to start your free, 5-day no obligation trial today!

Leave a Reply

Your email address will not be published. Required fields are marked *