Messaggi
10Well, let's stick with that, then.
In a nutshell
Hello my dears,
In March, when I presented my company, there were some critical comments. Also from our popular prompts.
There were warnings about the dangers of the merger. Such as high debt and falling margins.
What did I do as a prospective investor?
I took a very close look at the Thermon Group, of course.
And my conclusion was that two healthy companies wanted to merge. In my opinion, these companies are an excellent fit. Synergies will be created and new customers should be acquired.
That's why I invested and remain invested despite critical comments.
Nevertheless, I would like to thank you for these comments, and I hope that these critical comments will continue. Which have often influenced my purchase decision in a positive way.
My dears,
You should take critical comments from the community seriously. Perhaps you should reconsider your investment decision. But in the end, you shouldn't let it influence you too much.
ADDISON, Texas - CECO Environmental Corp (NASDAQ:CECO) on Tuesday updated its full-year 2026 financial guidance. The adjustment reflects the recent acquisition of Thermon Group Holdings, Inc. which closed on June 1.
The company expects full-year revenue to be between $1.275 billion and $1.375 billion, at the midpoint of the range, representing year-over-year growth of approximately 20 percent. Adjusted EBITDA is forecast to be between USD 195 million and USD 225 million, which corresponds to an increase of around 25 percent in the middle of the range compared to the previous year. The forecast takes into account Thermon's earnings contribution for the seven months from June to December 2026.
These ambitious growth targets are announced against the backdrop of a strong increase in CECO's share price of 196% over the past year. The share is trading at USD 80.53, which corresponds to a market capitalization of USD 2.89 billion. An analysis by InvestingPro suggests, however, that the share is currently overvalued in relation to its fair value and is therefore one of the most expensive stocks on the market. am stärksten überbewerteten Aktien the market. In the last twelve months, the company generated sales of USD 803.6 million with sales growth of 32%.
For the year as a whole, CECO expects free cash flow of at least 55% of adjusted EBITDA. According to a press release, the company also expects to realize cost synergies of USD 40 million or more as a result of the merger.
Todd Gleason, Chairman and Chief Executive Officer, stated that the integration is proceeding according to plan approximately one week after the closing of the transaction. "The first week's activities have been well received by employees, channel partners, customers and investors," Gleason said.
The company reported a strong order book for early June in its traditional business areas, particularly in the power generation, data center, semiconductor and industrial reshoring sectors. CECO announced that incoming orders at the beginning of June had exceeded previous records.
CECO Environmental is an industrial company focused on environmental solutions and serves the industrial air and water pollution control and energy transition markets through its Engineered Systems and Industrial Process Solutions segments. Thermon is described as a global provider of industrial process heating solutions.
On Tuesday, the company hosted a conference call to discuss the merger and the progress of the integration.
CECO is headquartered in Addison, Texas, and was founded in 1966. For investors seeking deeper insights, CECO is among over 1,400 U.S. stocks covered by the comprehensive Pro Research reports. These reports transform complex Wall Street data into clear, actionable information through intuitive visualizations and expert analysis.
This translation was created using artificial intelligence.
CECO Environmental hebt Prognose für 2026 nach Thermon-Übernahme an Von Investing.com
Hello my dears,
In March, when I presented my company, there were some critical comments. Also from our popular prompts.
There were warnings about the dangers of the merger. Such as high debt and falling margins.
What did I do as a prospective investor?
I took a very close look at the Thermon Group, of course.
And my conclusion was that two healthy companies wanted to merge. In my opinion, these companies are an excellent fit. Synergies will be created and new customers should be acquired.
That's why I invested and remain invested despite critical comments.
Nevertheless, I would like to thank you for these comments, and I hope that these critical comments will continue. Which have often influenced my purchase decision in a positive way.
My dears,
You should take critical comments from the community seriously. Perhaps you should reconsider your investment decision. But in the end, you shouldn't let it influence you too much.
ADDISON, Texas - CECO Environmental Corp (NASDAQ:CECO) on Tuesday updated its full-year 2026 financial guidance. The adjustment reflects the recent acquisition of Thermon Group Holdings, Inc. which closed on June 1.
The company expects full-year revenue to be between $1.275 billion and $1.375 billion, at the midpoint of the range, representing year-over-year growth of approximately 20 percent. Adjusted EBITDA is forecast to be between USD 195 million and USD 225 million, which corresponds to an increase of around 25 percent in the middle of the range compared to the previous year. The forecast takes into account Thermon's earnings contribution for the seven months from June to December 2026.
These ambitious growth targets are announced against the backdrop of a strong increase in CECO's share price of 196% over the past year. The share is trading at USD 80.53, which corresponds to a market capitalization of USD 2.89 billion. An analysis by InvestingPro suggests, however, that the share is currently overvalued in relation to its fair value and is therefore one of the most expensive stocks on the market. am stärksten überbewerteten Aktien the market. In the last twelve months, the company generated sales of USD 803.6 million with sales growth of 32%.
For the year as a whole, CECO expects free cash flow of at least 55% of adjusted EBITDA. According to a press release, the company also expects to realize cost synergies of USD 40 million or more as a result of the merger.
Todd Gleason, Chairman and Chief Executive Officer, stated that the integration is proceeding according to plan approximately one week after the closing of the transaction. "The first week's activities have been well received by employees, channel partners, customers and investors," Gleason said.
The company reported a strong order book for early June in its traditional business areas, particularly in the power generation, data center, semiconductor and industrial reshoring sectors. CECO announced that incoming orders at the beginning of June had exceeded previous records.
CECO Environmental is an industrial company focused on environmental solutions and serves the industrial air and water pollution control and energy transition markets through its Engineered Systems and Industrial Process Solutions segments. Thermon is described as a global provider of industrial process heating solutions.
On Tuesday, the company hosted a conference call to discuss the merger and the progress of the integration.
CECO is headquartered in Addison, Texas, and was founded in 1966. For investors seeking deeper insights, CECO is among over 1,400 U.S. stocks covered by the comprehensive Pro Research reports. These reports transform complex Wall Street data into clear, actionable information through intuitive visualizations and expert analysis.
This translation was created using artificial intelligence.
CECO Environmental hebt Prognose für 2026 nach Thermon-Übernahme an Von Investing.com
We remain invested, that's what makes the stock market fun.
CECO Environmental - Summary
Starke Energieaufträge: Roth/MKM erhöht Kursziel für CECO Environmental Von Investing.com
Hello my dears,
since this morning we have already had a great discussion here about $CECO (-3,25%) .
In the comments I read about an FCF yield below 1 and negative free cash flow.
And I ask myself all the time.
WHAT AM I MISSING HERE?
Looking forward to a great further discussion. 😘🙈😘
💸 The four types of cash flow at CECO - simply explained
🟦 1. cash flow (operations)
2026e: USD 83.20 million
2027e: USD 106.35 million
This is the operating cash flowi.e. the money generated by the core business. It shows how much liquidity CECO generates from normal business operations - without without investments or financing.
Typical components:
👉 Interpretation: CECO significantly increases operating cash flow. This speaks for growing profitability and better cash conversion.
🟩 2. cash flow (investing)
2026e: USD -13.00 million
2027e: USD -13.00 million
This is the investment cash flow. It includes:
A negative value means: CECO invests in growth or maintenance of assets.
👉 Interpretation: -13 million USD is moderate. CECO is not a capital-intensive company. The investments are controlled and plannable.
🟥 3. cash flow (financing)
2026e: USD -64.00 million
2027e: USD -68.00 million
The financing cash flow shows
A negative value means: CECO pays back more than it raises.
👉 Interpretation: CECO is reducing its debt or returning capital to shareholders. This is often a sign of financial strength and low dependence on outside capital.
🟨 4. free cash flow (FCF)
2026e: USD 68.60 million
2027e: USD 94.13 million
Free cash flow is the most important key figure for investors:
Free cash flow=operating cash flow-investment cash flow
At CECO:
👉 Interpretation: CECO generates strong, growing free cash flowwhich can be used for the following purposes:
The increase in FCF is a very positive signal.
📊 Short summary for you
👉 CECO is a cash flow-strong company with controlled investments and growing operational efficiency.
FCF yield formula
Once we have the market cap, it's simple:
FCF-Yield=Free Cash Flow / Market Cap
📌 1. calculate market capitalization
Market cap = share price ⋅ number of shares
Market cap = 55.28⋅35,641,000 = USD 1.969 billion
So around USD 1.97 billion.
For CECO:
🟦 FCF yield 2026e
68,60 / 1,969=3,48%
➡️ FCF yield 2026e: approx. 3.5%
🟩 FCF yield 2027e
94,13 / 1,969=4,78%
🧠 Interpretation for investors
The purchase a few weeks ago was worthwhile and I remain invested.
Strong first quarter results, highlighted by a 97% increase in orders and a backlog that reached 1 billion euros.
US dollars the largest natural gas order in the company's history was placed in April 2026
booked - the company raises its forecast for the full year 2026
ADDISON, Texas, April 28, 2026 (GLOBE NEWSWIRE) - CECO Environmental Corp (Nasdaq: CECO) ("CECO"), a leading environmentally-focused diversified industrial company whose solutions protect people, the environment and industrial equipment, today announced its financial results for the first quarter of 2026 and an update on the proposed merger with Thermon Group Holdings, Inc. ("Thermon").
Highlights of the quarter(1)
(1) All comparisons are to the comparable prior year period unless otherwise noted.
Reconciliations of GAAP (reported) to non-GAAP measures are included in the accompanying financial tables.
Todd Gleason, CEO of CECO, commented, "I am pleased to highlight the tremendous topline growth and steady EBITDA margin expansion we continue to deliver at CECO. This is the first time our quarter-end backlog has exceeded $1 billion, reflecting our incredible book-to-bill ratio of 2.2 in the first quarter. We continue to secure strategic, large-scale projects to enable the expansion of natural gas power generation to support a tremendous global investment in power needs for data centers, artificial intelligence, industrial reshoring and electrification. This strong momentum continued through April 2026 as we have already booked approximately $450 million in new orders, including the largest order ever in the natural gas power market, putting our second quarter bookings on track to significantly exceed the record we just set in the first quarter."
(Full report at the link)
Hello my dears,
Today I'm once again talking about my new investment.
What does a high oil price mean for CECO?
A high oil price usually triggers CAPEX cycles in the entire energy and petrochemical industry. And that's exactly where CECO sits with its solutions for:
CECO is not an oil producer, but a equipment supplierthat earns when oil & gas companies invest.
📈 Positive effects of a high oil price for CECO
1. more investment in upstream & midstream
2. the Middle East as a growth driver
The Gulf states are investing heavily in high oil prices:
CECO is already active there - that is a real lever.
3. stricter environmental regulations
High oil prices give governments and companies financial leeway to:
CECO benefits structurally from regulation.
🧭 Conclusion: High oil prices are more of a tailwind than a risk for CECO
CECO is a classic infrastructure and compliance profiteer. When oil is expensive, the big players invest - and CECO supplies the technology they need.
🌍 1. where CECO docks in the first place
CECO supplies technology for:
CECO is active in the Middle East through several brands - especially where oil & gas plants are being modernized or expanded.
📈 2. Possible positive effects (from a purely economic perspective)
A) Reconstruction of destroyed facilities
If infrastructure in the oil & gas sector is damaged, large projects for
CECO supplies exactly the systems that are needed for such projects.
B) Stricter environmental regulations following accidents/damage
After major incidents, emission standards are often
This plays into CECO's hands.
C) Shifting investments
When a country becomes unsafe, neighboring countries invest more in:
CECO is already present in these markets.
🧭 Conclusion: CECO is not profiting from the war - but from reconstruction
When infrastructure is destroyed, there is later demand for
This is CECO's playing field. But the road ahead is full of risks, delays and geopolitical uncertainties.
My dears,
nevertheless, of course I hope that the war will end soon. And that no more infrastructure is destroyed.
Because CECO $CECO (-3,25%) is only a small part of my portfolio.
What do you think about CECO and my thesis.
Hello my dears,
since this morning we have already had a great discussion here about $CECO (-3,25%) .
In the comments I read about an FCF yield below 1 and negative free cash flow.
And I ask myself all the time.
WHAT AM I MISSING HERE?
Looking forward to a great further discussion. 😘🙈😘
💸 The four types of cash flow at CECO - simply explained
🟦 1. cash flow (operations)
2026e: USD 83.20 million
2027e: USD 106.35 million
This is the operating cash flowi.e. the money generated by the core business. It shows how much liquidity CECO generates from normal business operations - without without investments or financing.
Typical components:
👉 Interpretation: CECO significantly increases operating cash flow. This speaks for growing profitability and better cash conversion.
🟩 2. cash flow (investing)
2026e: USD -13.00 million
2027e: USD -13.00 million
This is the investment cash flow. It includes:
A negative value means: CECO invests in growth or maintenance of assets.
👉 Interpretation: -13 million USD is moderate. CECO is not a capital-intensive company. The investments are controlled and plannable.
🟥 3. cash flow (financing)
2026e: USD -64.00 million
2027e: USD -68.00 million
The financing cash flow shows
A negative value means: CECO pays back more than it raises.
👉 Interpretation: CECO is reducing its debt or returning capital to shareholders. This is often a sign of financial strength and low dependence on outside capital.
🟨 4. free cash flow (FCF)
2026e: USD 68.60 million
2027e: USD 94.13 million
Free cash flow is the most important key figure for investors:
Free cash flow=operating cash flow-investment cash flow
At CECO:
👉 Interpretation: CECO generates strong, growing free cash flowwhich can be used for the following purposes:
The increase in FCF is a very positive signal.
📊 Short summary for you
👉 CECO is a cash flow-strong company with controlled investments and growing operational efficiency.
FCF yield formula
Once we have the market cap, it's simple:
FCF-Yield=Free Cash Flow / Market Cap
📌 1. calculate market capitalization
Market cap = share price ⋅ number of shares
Market cap = 55.28⋅35,641,000 = USD 1.969 billion
So around USD 1.97 billion.
For CECO:
🟦 FCF yield 2026e
68,60 / 1,969=3,48%
➡️ FCF yield 2026e: approx. 3.5%
🟩 FCF yield 2027e
94,13 / 1,969=4,78%
🧠 Interpretation for investors
Good morning, my dears,
Yesterday I joined CECO $CECO (-3,25%) yesterday.
That's why I wanted to explain my motives to you again today.
CECO has been on my watch for a long time because I think their business model has a lot of potential.
I have already given you a company presentation on CECO.
Why am I investing right now, even though the entire market is going a bit crazy. And there is uncertainty at CECO because of the merger.
CECO Environmental announces strategic merger with Thermon Group, creating a global industry leader in providing mission-critical environmental and thermal solutions
February 24, 2026
The company's share price has fallen by almost 30% since the merger was announced. Although very good figures were presented.
Because it is perhaps human to immediately see the risks and be skeptical.
(Perhaps it is evolutionary and could be due to fear of losses)
⚠️ Risks
But I clearly see the advantages outweighing the risks. And that's why I have now used the share price slide to enter the market.
"NO RISK, NO FUN"
🔹 Key messages from the CECO - Thermon merger
🧩 Strategic significance
🚀 Industrial & technological advantages
💰 Financial effects
👥 Corporate structure & management
📈 Offer for Thermon shareholders
Three choices per share (with allocation mechanisms):
📅 Timetable
👍 Positive
🟧 Overall strategic impact
🌍 Industry position
💵 Financial impact
As a short-term GAMECHANGER is that both companies serve the oil and gas industry.
Thermon also serves the semiconductor industry.
My dears,
I would therefore like to briefly introduce you to the Thermon Group in the next part.
I would like to ask you to write your opinion on my new investment in the comments.
Do you share my view that the opportunities and synergies of the merger are greater than the risk?
Two champions have come together here.
World market leader in industrial process heating
Thermon Group Holdings, Inc. offers solutions for industrial process heating. The company specializes in providing complete solutions for flow assurance, process heating, temperature maintenance, freeze protection and environmental monitoring. The company's advanced industrial heating and filtration solutions span several categories, such as environmental heating (under the Ruffneck, Norsemen and Catadyne brand names), process heating (under the Caloritech brand name), filtration (under the 3L Filters brand name), rail and transit (under the Hellfire, Velocity, ArcticSense and other brand names) and boilers (under the Vapor Power, Precision Boilers and Caloritech brand names). The company offers a comprehensive range of products including heaters, electrode and gas boilers, heating cables, industrial heating blankets and related products, temporary power solutions and tube bundles. It also offers services that include engineering, installation and maintenance services, as well as software that includes design optimization and wireless and network control systems.
Number of employees: 1,568
CECO Environmental + Thermon Group — Strategic Combination
USD in millions
Estimates
Year Turnover Change
2025 498,2 0,72 %
2026 523,3 5,03 %
2027 554,4 5,95 %
2028 591,2 6,64 %
Year EBIT Change
2025 79,76 5,82 %
2026 82,78 3,8 %
2027 94,71 14,4 %
2028 107,7 13,68 %
Year Net result Change
2025 53,52 3,74 %
2026 57,11 6,72 %
2027 64,24 12,49 %
2028 74,76 16,36 %
Net debt not available
Year Free cash flow Change
2026 52,1
2027 56,1 7,68 %
2028 64,6 15,15 %
Year EBITDA margin EBIT margin
2025 21,92 % 16,01 %
2026 22,57 % 15,82 %
2027 22,71 % 17,08 %
2028 23,68 % 18,21 %
Year Earnings per share Change
2025 1,57 3,97 %
2026 1,718 9,43 %
2027 1,914 11,41 %
2028 2,17 13,38 %
Year P/E ratio PEG
2025 17.7x 4.45x
2026 27.3x 2.9x
2027 24.5x 2.1x
2028 21.6x 1.6x
Market value 1,542
Number of shares (in thousands) 32,848
Date of publication 22.05.2025
+ 1
Hello my dears,
Here we go with a first installment in the growth stock.
Investors believe that companies are now investing less due to the high oil price. At the expense of important environmental measures.
But they seem to be overlooking the good news.
CECO Environmental raises order forecast for 2026 to over 1.5 billion US dollars
From
Published on 12.03.2026,
Lake Street raises CECO Environmental's price target for the Termon deal
By
Published on 25.02.2026,
Needham raises CECO Environmental's price target due to strong bookings
By
Published on 25.02.2026
CECO Environmental Q4 2025 slides: record results, 2.2 billion dollar Thermon deal
From
Published on 24.02.2026,
Hello my dears,
In my company presentations, I often look for small niche players in growth sectors. The market value is often not that high.
So I have a question for you.
Is my selection of companies suitable for you, or would you prefer better-known companies with a higher market value?
I hope many of you will answer in the comments.
So that I can tailor my company ideas even better to our community. That is very important to me.
"Successful together"
Today's company is really about a niche player that is active in an area that will become increasingly important in the future. And an investment can probably be made with a clear conscience.
Enjoy the presentation of CECO $CECO (-3,25%)
CECO Environmental is benefiting directly from the global trend towards stricter environmental regulations (air and fluid control) and the energy transition. The company has increased its order backlog to a record level and has recently experienced very strong sales growth, laying the foundation for continued growth in the coming periods. The business model is resilient as it is based on critical, often legally required emission control solutions. Recurring revenue is an important stabilizing factor.
CECO supplies core technology for clean air, water and emission control in industry. Benefiting from the megatrend of decarbonization: stricter environmental regulations are driving sustained demand and growth. CECO is one of those companies that flew under the radar for years: a small industrial supplier, barely known, seemingly interchangeable. Today, the company stands for a completely different story. CECO builds systems with which industry cleans its air and water and reduces emissions.
CECO Environmental has installed more than 32,000 air pollution control systems capable of eliminating more than 4.4 billion pounds of pollutants annually, the equivalent of removing more than 50 million cars from the road. CECO technologies and products reduce or eliminate harmful pollutants, including CO, VOCs, NOx, HAPs, acid gases and particulates.
CECO Environmental: More than just filters: Why the company is growing in the shadow of the energy transition
CECO Environmental (NASDAQ: CECO) is a global provider of environmental technologies and solutions whose core business is the design, manufacture and sale of equipment and systems for emissions control and air and liquid filtration. The company focuses on improving industrial air quality, treating industrial water and providing technical solutions to support the global energy transition.
Economically, CECO generates its revenue mainly from two sources: Firstly, from the sale of complex, customized equipment and systems to a diversified industrial customer base, including sectors such as chemicals, energy, pharmaceuticals and metal processing, and secondly from the strategically important, higher-margin service and spare parts business. This recurring income from maintenance, repair and the supply of consumables ensures more stable cash flows and improved overall profitability.
CECO Environmental's growth prospects are directly linked to several strong macroeconomic trends. The most important driver is the global tightening of environmental legislation and emissions standards, which is forcing industrial companies to continuously invest in modern environmental protection technologies. CECO benefits directly from this regulatory pressure. In addition, the company plays an active role in the energy transition by offering solutions that both optimize the efficiency of traditional energy generation plants and minimize the environmental impact of new energy sources. The recent positive financial results are supported by a current historically high order backlog, which provides a solid basis for sales growth in the short and medium term.
To accelerate growth and expand its technological reach, CECO is pursuing a targeted strategy of mergers and acquisitions (M&A), particularly to strengthen its presence in new or underserved segments, such as industrial water treatment. While the company is structurally well positioned to benefit from the ongoing growth trend in environmental technology, this positive outlook is already reflected in an ambitious valuation.
The current high P/E ratio25e of 56 shows that the markets have already priced in very high future growth rates. Investors must therefore closely monitor the consistent implementation of the aggressive growth strategy and the further development of profitability in order to be able to assess the justification for this premium.
LOCATIONS
CECO's extensive reach is highlighted by international locations serving a global customer base.
Brand diversity:
With over a dozen sub-brands such as Peerless, Burgess-Manning and Compass Water Solutions, CECO covers various technical niches
Important end markets
Automotive (60)
Chemicals & petrochemicals (90)
Commercial (53)
Defense, marine and aerospace (74)
Energy Transition (52)
Food & Beverage (76)
Industrial (105)
Industrial Water (58)
Mining & Metals (64)
Oil & Gas (115)
Pharmaceuticals (54)
Power (77)
MY CONCLUSION
CECO is not a mass player, but a technology-driven technology-driven specialistthat is active in industrial environmental niches worldwide. The combination of a broad industry presence, in-depth technical expertise and growing profitability makes CECO a classic "hidden champion"
CECO Environmental secures record order worth over 135 million US dollars
December 15, 2025
Bookings for the full year 2025 expected to exceed 1 billion US dollars
e3bb68c6-1838-414d-a841-bb4c994cd800
USD in millions
Estimates
Year Turnover Change
2024 557,9 2,4 %
2025 765,1 37,13 %
2026 878,8 14,87 %
2027 971,9 10,59 %
Year EBIT Change
2024 35,4 2,41 %
2025 110 210,82 %
2026 77,21 -29,83 %
2027 104,4 35,26 %
Year Net result Change
2024 12,96 0,36 %
2025 58,18 349,03 %
2026 40,05 -31,16 %
2027 62,88 56,99 %
Year Free cash flow Change CAPEX
2024 7,46 -79,43 % 17,37
2025 20,45 174,13 % 12,2
2026 62,6 206,11 % 13
2027 86,65 38,42 % 13
Year EBIT margin Earnings per share Change
2024 6,35 % 0,36 -2,7 %
2025 14,38 % 1,593 342,59 %
2026 8,79 % 1,097 -31,17 %
2027 10,75 % 1,71 55,93 %
Year P/E ratio PEG
2024 84x -31.08x
2025 42.8x 0x
2026 62.2x -2x
2027 39.9x 0.7x
Market value 2,431
Number of shares (in thousands) 35,641
Date of publication 25.02.2025
Performance
1 week +3.10 %
1 month +13.14 %
6 months +112.43 %
1 year +130.75 %
3 years +377.66 %
5 years +810.68 %
+ 1
Hello my dears.
I actually wanted to invest outside the US.
But the price reduction for the quality and growth value is very tempting.
What do you think?
Ceco Environmental Corp. announces fourth quarter earnings decline.
Ceco Environmental Corp. (CECO) reported fourth quarter earnings that were down from the prior year.
The company's net income was $3.1 million, or $0.08 per share. This compares to $4.8 million, or $0.13 per share, last year.
The company's turnover in this period rose by 35.4% to USD 214.7 million compared to USD 158.6 million in the previous year.
Ceco Environmental Corp. earnings at a glance (GAAP):
-Revenues: $3.1 million vs. $4.8 million last year.
-EPS: $0.08 vs. $0.13 last year.
-Revenues: $214.7 million vs. $158.6 million last year.
CECO Environmental acquires Thermon for $2.2 billion
CECO Environmental acquires Thermon Group Holdings in a deal valued at 2.2 billion US dollars. The transaction will take the form of a mixture of cash and CECO shares. Thermon shareholders can choose between different compensation options, with the standard offer being worth USD 63.13 per share a premium of premium of 26.8% to the previous Thermon share price.
After the merger CECO shareholders 62.5 % and Thermon shareholders 37.5 % of the new company. The merged company will continue to operate under the name CECO Environmental name. Within 36 months, CECO expects annual cost synergies of around USD 40 million. Both Boards of Directors have unanimously approved the transaction, which is expected to close in mid-2026. mid-2026 is expected in mid-2026.
Strategic importance of the deal
Massive portfolio expansion: CECO strengthens its offering in the field of industrial heat, energy and environmental technologies. Thermon brings in specialized solutions for temperature management and industrial process heat - an area in which CECO was previously less strong.
Economies of scale & cost synergies: Expected synergies of USD 40 million annually improve margins and competitiveness. The merged company can bundle procurement, production and sales more efficiently.
Stronger market position: The acquisition creates a significantly larger player with a broader customer base and global presence. CECO positions itself as a comprehensive provider of critical industrial infrastructure.
Growth in future industries: Thermon is strong in energy, chemicals, infrastructure and electronics manufacturing - all sectors with long-term investment needs. This gives CECO access to stable, high-growth end markets.
Financial leverage: The transaction is large (USD 2.2 billion), but the equity component keeps the balance sheet sustainable. The deal is expected to significantly increase cash flow.
@Get_Rich_or_Die_Tryin What do you think?
Hello my dears,
In my company presentations, I often look for small niche players in growth sectors. The market value is often not that high.
So I have a question for you.
Is my selection of companies suitable for you, or would you prefer better-known companies with a higher market value?
I hope many of you will answer in the comments.
So that I can tailor my company ideas even better to our community. That is very important to me.
"Successful together"
Today's company is really about a niche player that is active in an area that will become increasingly important in the future. And an investment can probably be made with a clear conscience.
Enjoy the presentation of CECO $CECO (-3,25%)
CECO Environmental is benefiting directly from the global trend towards stricter environmental regulations (air and fluid control) and the energy transition. The company has increased its order backlog to a record level and has recently experienced very strong sales growth, laying the foundation for continued growth in the coming periods. The business model is resilient as it is based on critical, often legally required emission control solutions. Recurring revenue is an important stabilizing factor.
CECO supplies core technology for clean air, water and emission control in industry. Benefiting from the megatrend of decarbonization: stricter environmental regulations are driving sustained demand and growth. CECO is one of those companies that flew under the radar for years: a small industrial supplier, barely known, seemingly interchangeable. Today, the company stands for a completely different story. CECO builds systems with which industry cleans its air and water and reduces emissions.
CECO Environmental has installed more than 32,000 air pollution control systems capable of eliminating more than 4.4 billion pounds of pollutants annually, the equivalent of removing more than 50 million cars from the road. CECO technologies and products reduce or eliminate harmful pollutants, including CO, VOCs, NOx, HAPs, acid gases and particulates.
CECO Environmental: More than just filters: Why the company is growing in the shadow of the energy transition
CECO Environmental (NASDAQ: CECO) is a global provider of environmental technologies and solutions whose core business is the design, manufacture and sale of equipment and systems for emissions control and air and liquid filtration. The company focuses on improving industrial air quality, treating industrial water and providing technical solutions to support the global energy transition.
Economically, CECO generates its revenue mainly from two sources: Firstly, from the sale of complex, customized equipment and systems to a diversified industrial customer base, including sectors such as chemicals, energy, pharmaceuticals and metal processing, and secondly from the strategically important, higher-margin service and spare parts business. This recurring income from maintenance, repair and the supply of consumables ensures more stable cash flows and improved overall profitability.
CECO Environmental's growth prospects are directly linked to several strong macroeconomic trends. The most important driver is the global tightening of environmental legislation and emissions standards, which is forcing industrial companies to continuously invest in modern environmental protection technologies. CECO benefits directly from this regulatory pressure. In addition, the company plays an active role in the energy transition by offering solutions that both optimize the efficiency of traditional energy generation plants and minimize the environmental impact of new energy sources. The recent positive financial results are supported by a current historically high order backlog, which provides a solid basis for sales growth in the short and medium term.
To accelerate growth and expand its technological reach, CECO is pursuing a targeted strategy of mergers and acquisitions (M&A), particularly to strengthen its presence in new or underserved segments, such as industrial water treatment. While the company is structurally well positioned to benefit from the ongoing growth trend in environmental technology, this positive outlook is already reflected in an ambitious valuation.
The current high P/E ratio25e of 56 shows that the markets have already priced in very high future growth rates. Investors must therefore closely monitor the consistent implementation of the aggressive growth strategy and the further development of profitability in order to be able to assess the justification for this premium.
LOCATIONS
CECO's extensive reach is highlighted by international locations serving a global customer base.
Brand diversity:
With over a dozen sub-brands such as Peerless, Burgess-Manning and Compass Water Solutions, CECO covers various technical niches
Important end markets
Automotive (60)
Chemicals & petrochemicals (90)
Commercial (53)
Defense, marine and aerospace (74)
Energy Transition (52)
Food & Beverage (76)
Industrial (105)
Industrial Water (58)
Mining & Metals (64)
Oil & Gas (115)
Pharmaceuticals (54)
Power (77)
MY CONCLUSION
CECO is not a mass player, but a technology-driven technology-driven specialistthat is active in industrial environmental niches worldwide. The combination of a broad industry presence, in-depth technical expertise and growing profitability makes CECO a classic "hidden champion"
CECO Environmental secures record order worth over 135 million US dollars
December 15, 2025
Bookings for the full year 2025 expected to exceed 1 billion US dollars
e3bb68c6-1838-414d-a841-bb4c994cd800
USD in millions
Estimates
Year Turnover Change
2024 557,9 2,4 %
2025 765,1 37,13 %
2026 878,8 14,87 %
2027 971,9 10,59 %
Year EBIT Change
2024 35,4 2,41 %
2025 110 210,82 %
2026 77,21 -29,83 %
2027 104,4 35,26 %
Year Net result Change
2024 12,96 0,36 %
2025 58,18 349,03 %
2026 40,05 -31,16 %
2027 62,88 56,99 %
Year Free cash flow Change CAPEX
2024 7,46 -79,43 % 17,37
2025 20,45 174,13 % 12,2
2026 62,6 206,11 % 13
2027 86,65 38,42 % 13
Year EBIT margin Earnings per share Change
2024 6,35 % 0,36 -2,7 %
2025 14,38 % 1,593 342,59 %
2026 8,79 % 1,097 -31,17 %
2027 10,75 % 1,71 55,93 %
Year P/E ratio PEG
2024 84x -31.08x
2025 42.8x 0x
2026 62.2x -2x
2027 39.9x 0.7x
Market value 2,431
Number of shares (in thousands) 35,641
Date of publication 25.02.2025
Performance
1 week +3.10 %
1 month +13.14 %
6 months +112.43 %
1 year +130.75 %
3 years +377.66 %
5 years +810.68 %
+ 1
Hello my dears,
In my company presentations, I often look for small niche players in growth sectors. The market value is often not that high.
So I have a question for you.
Is my selection of companies suitable for you, or would you prefer better-known companies with a higher market value?
I hope many of you will answer in the comments.
So that I can tailor my company ideas even better to our community. That is very important to me.
"Successful together"
Today's company is really about a niche player that is active in an area that will become increasingly important in the future. And an investment can probably be made with a clear conscience.
Enjoy the presentation of CECO $CECO (-3,25%)
CECO Environmental is benefiting directly from the global trend towards stricter environmental regulations (air and fluid control) and the energy transition. The company has increased its order backlog to a record level and has recently experienced very strong sales growth, laying the foundation for continued growth in the coming periods. The business model is resilient as it is based on critical, often legally required emission control solutions. Recurring revenue is an important stabilizing factor.
CECO supplies core technology for clean air, water and emission control in industry. Benefiting from the megatrend of decarbonization: stricter environmental regulations are driving sustained demand and growth. CECO is one of those companies that flew under the radar for years: a small industrial supplier, barely known, seemingly interchangeable. Today, the company stands for a completely different story. CECO builds systems with which industry cleans its air and water and reduces emissions.
CECO Environmental has installed more than 32,000 air pollution control systems capable of eliminating more than 4.4 billion pounds of pollutants annually, the equivalent of removing more than 50 million cars from the road. CECO technologies and products reduce or eliminate harmful pollutants, including CO, VOCs, NOx, HAPs, acid gases and particulates.
CECO Environmental: More than just filters: Why the company is growing in the shadow of the energy transition
CECO Environmental (NASDAQ: CECO) is a global provider of environmental technologies and solutions whose core business is the design, manufacture and sale of equipment and systems for emissions control and air and liquid filtration. The company focuses on improving industrial air quality, treating industrial water and providing technical solutions to support the global energy transition.
Economically, CECO generates its revenue mainly from two sources: Firstly, from the sale of complex, customized equipment and systems to a diversified industrial customer base, including sectors such as chemicals, energy, pharmaceuticals and metal processing, and secondly from the strategically important, higher-margin service and spare parts business. This recurring income from maintenance, repair and the supply of consumables ensures more stable cash flows and improved overall profitability.
CECO Environmental's growth prospects are directly linked to several strong macroeconomic trends. The most important driver is the global tightening of environmental legislation and emissions standards, which is forcing industrial companies to continuously invest in modern environmental protection technologies. CECO benefits directly from this regulatory pressure. In addition, the company plays an active role in the energy transition by offering solutions that both optimize the efficiency of traditional energy generation plants and minimize the environmental impact of new energy sources. The recent positive financial results are supported by a current historically high order backlog, which provides a solid basis for sales growth in the short and medium term.
To accelerate growth and expand its technological reach, CECO is pursuing a targeted strategy of mergers and acquisitions (M&A), particularly to strengthen its presence in new or underserved segments, such as industrial water treatment. While the company is structurally well positioned to benefit from the ongoing growth trend in environmental technology, this positive outlook is already reflected in an ambitious valuation.
The current high P/E ratio25e of 56 shows that the markets have already priced in very high future growth rates. Investors must therefore closely monitor the consistent implementation of the aggressive growth strategy and the further development of profitability in order to be able to assess the justification for this premium.
LOCATIONS
CECO's extensive reach is highlighted by international locations serving a global customer base.
Brand diversity:
With over a dozen sub-brands such as Peerless, Burgess-Manning and Compass Water Solutions, CECO covers various technical niches
Important end markets
Automotive (60)
Chemicals & petrochemicals (90)
Commercial (53)
Defense, marine and aerospace (74)
Energy Transition (52)
Food & Beverage (76)
Industrial (105)
Industrial Water (58)
Mining & Metals (64)
Oil & Gas (115)
Pharmaceuticals (54)
Power (77)
MY CONCLUSION
CECO is not a mass player, but a technology-driven technology-driven specialistthat is active in industrial environmental niches worldwide. The combination of a broad industry presence, in-depth technical expertise and growing profitability makes CECO a classic "hidden champion"
CECO Environmental secures record order worth over 135 million US dollars
December 15, 2025
Bookings for the full year 2025 expected to exceed 1 billion US dollars
e3bb68c6-1838-414d-a841-bb4c994cd800
USD in millions
Estimates
Year Turnover Change
2024 557,9 2,4 %
2025 765,1 37,13 %
2026 878,8 14,87 %
2027 971,9 10,59 %
Year EBIT Change
2024 35,4 2,41 %
2025 110 210,82 %
2026 77,21 -29,83 %
2027 104,4 35,26 %
Year Net result Change
2024 12,96 0,36 %
2025 58,18 349,03 %
2026 40,05 -31,16 %
2027 62,88 56,99 %
Year Free cash flow Change CAPEX
2024 7,46 -79,43 % 17,37
2025 20,45 174,13 % 12,2
2026 62,6 206,11 % 13
2027 86,65 38,42 % 13
Year EBIT margin Earnings per share Change
2024 6,35 % 0,36 -2,7 %
2025 14,38 % 1,593 342,59 %
2026 8,79 % 1,097 -31,17 %
2027 10,75 % 1,71 55,93 %
Year P/E ratio PEG
2024 84x -31.08x
2025 42.8x 0x
2026 62.2x -2x
2027 39.9x 0.7x
Market value 2,431
Number of shares (in thousands) 35,641
Date of publication 25.02.2025
Performance
1 week +3.10 %
1 month +13.14 %
6 months +112.43 %
1 year +130.75 %
3 years +377.66 %
5 years +810.68 %
+ 1
I migliori creatori della settimana
