The Initiates Plc provides waste management, industrial cleaning, and decontamination services. The company offers thermal destruction services for the destruction of chemical waste, medical waste, and other hazardous waste; decontamination, removal, and disposal services for asbestos and asbestos containing materials; waste water treatment systems; E-waste processing services comprising ODS reclamation, data destruction, screens, bulbs/fluorescents processing, and cable/batteries recycling; and thermal desorption services for the treatment of drill cuttings, hydrocarbon contaminated soil, and oily sludge. It also provides tank/FPSO/FSO-sludge evacuation services; tanks and vessels, boiler, and heat exchangers cleaning services; jetting and surface preparation services for industrial and commercial facilities; and pipe and drainage cleaning services. The Initiates Plc was incorporated in 1995 and is headquartered in Port Harcourt, Nigeria.
Metrics to compare | TIP | Peers Peers - average of corresponding metrics from companies closely matching TIP: ACADEMY, TRIPPLEG, ESTACIONAM, BXB, MBR | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipTIPPeersSector |
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P/E Ratio | 5.1x | 15.0x | 12.0x | |
PEG Ratio | 0.02 | 0.00 | 0.03 | |
Price/Book | 2.9x | 2.4x | 1.4x | |
Price / LTM Sales | 1.5x | 1.2x | 1.2x | |
Upside (Analyst Target) | - | 7.2% | 16.5% | |
Fair Value Upside | Unlock | 16.8% | 7.1% | Unlock |