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 | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipTIPPeersSector | |
|---|---|---|---|---|
P/E Ratio | 5.0x | 14.8x | 12.4x | |
PEG Ratio | 0.02 | 0.07 | 0.03 | |
Price/Book | 3.3x | 1.7x | 1.4x | |
Price / LTM Sales | 1.8x | 0.8x | 1.3x | |
Upside (Analyst Target) | - | 25.7% | 15.2% | |
Fair Value Upside | Unlock | 17.2% | 6.0% | Unlock |