Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
TransAct Energy Corp. develops and manages zero-emissions waste to value plants worldwide. It offers carbon black, phenol resins, and levoglucosan. The company also produces fertilizers for the agricultural industry; a brick mix for the construction industry; reclaimed metals and purified water; and acetic acid and furfural for industrial chemical manufacturers. It serves corporations or municipalities, airlines, shipping companies, bus companies, trucking companies, and fuel retailers; friction and wood product manufacturers; manufacturers of biodegradable plastics and pharmaceuticals; tire and rubber manufacturers; and lithographers, as well as its products are used in printers. The company was incorporated in 2006 and is based in Bellingham, Washington.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is overvalued on EV/EBITDA.