The Initiates Plc, a waste management company, provides industrial cleaning and decontamination services to the private and public sectors. The company offers thermal desorption; onsite drilling waste management, waste incineration, E-waste processing, and consultancy, as well as decontamination services comprising asbestos management, and soil and groundwater remediation. It also offers industrial cleaning and decontamination services comprising surface, pipelines and sewers, and heat exchangers tube and fins cleaning, as well as FPSOs, tanks, and vessel desludging and cleaning services. In addition, the company provides municipal solid waste management services, including collection planning and optimization, waste processing and recycling, and waste treatment and disposal services. Further, it constructs, operates, and manages waste management facilities. 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 | |
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P/E Ratio | 4.3x | 11.3x | 12.1x | |
PEG Ratio | 0.01 | 0.06 | 0.03 | |
Price/Book | 1.2x | 2.3x | 1.4x | |
Price / LTM Sales | 0.8x | 1.0x | 1.2x | |
Upside (Analyst Target) | - | 15.8% | 21.3% | |
Fair Value Upside | Unlock | 9.9% | 7.2% | Unlock |