Added to YB: 2026-10-08
Pitch date: 2026-10-06
MTEK.TO [bullish]
Metatek-Group Ltd.
-4.11%
current return
Author Info
No bio for this author
Company Info
Metatek-Group Ltd. provides geophysical survey and data services for resource exploration, including planning, acquisition, processing, interpretation, and project management.
Market Cap
CAD 100.2M
Pitch Price
CAD 2.92
Price Target
3.80 (+36%)
Dividend
N/A
EV/EBITDA
27.45
P/E
-2.13
EV/Sales
4.07
Sector
Professional Services
Category
growth
Two Instruments, One Question - $MTEK.TO| My Take: Monitor
MTEK.TO: Metatek is a venture-sized speculative buy at C$2.70: US$89M of adjusted backlog and, for the first time since listing, both operating instruments have follow-on work secured, but capacity and execution — not demand — remain the constraints. A C$3.80 twelve-month target offers 41% upside, based on 6x estimated 2027 adjusted EBITDA of US$21.6M. Government delays, aggressive FY2026 guidance and a C$1.40 bear case argue for limited sizing.
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