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Upturn AI SWOT - About
CTOS 
Custom Truck One Source Inc (CTOS)
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Upturn Advisory Summary
04/01/2025: CTOS (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -39.65% | Avg. Invested days 31 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.00B USD | Price to earnings Ratio - | 1Y Target Price 6.42 |
Price to earnings Ratio - | 1Y Target Price 6.42 | ||
Volume (30-day avg) 669710 | Beta 0.67 | 52 Weeks Range 3.03 - 6.27 | Updated Date 03/31/2025 |
52 Weeks Range 3.03 - 6.27 | Updated Date 03/31/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.12 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-03-05 | When After Market | Estimate 0.05 | Actual 0.0465 |
Profitability
Profit Margin -1.59% | Operating Margin (TTM) 9.03% |
Management Effectiveness
Return on Assets (TTM) 2.2% | Return on Equity (TTM) -3.22% |
Valuation
Trailing PE - | Forward PE 84.75 | Enterprise Value 3373611886 | Price to Sales(TTM) 0.56 |
Enterprise Value 3373611886 | Price to Sales(TTM) 0.56 | ||
Enterprise Value to Revenue 1.87 | Enterprise Value to EBITDA 9.03 | Shares Outstanding 225651008 | Shares Floating 59201713 |
Shares Outstanding 225651008 | Shares Floating 59201713 | ||
Percent Insiders 5.06 | Percent Institutions 97.2 |
Analyst Ratings
Rating 4.33 | Target Price 6.17 | Buy - | Strong Buy 4 |
Buy - | Strong Buy 4 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Custom Truck One Source Inc
Company Overview
History and Background
Custom Truck One Source, Inc. (CTOS) was formed through the combination of several businesses in the specialized truck and equipment industry. While the exact founding year of the current entity is complex due to the merger history, its modern form took shape in the mid-2010s, evolving through acquisitions and strategic consolidations to become a leading provider of specialized truck and heavy equipment solutions.
Core Business Areas
- Equipment Rental: Rents a wide range of specialized trucks and equipment, including aerial devices, cranes, dump trucks, and other heavy equipment, to utility, infrastructure, energy and rail markets.
- Equipment Sales: Sells new and used specialized trucks and equipment.
- Service and Maintenance: Offers comprehensive service and maintenance for specialized trucks and equipment, including preventative maintenance, repairs, and inspections.
- Parts: Provides parts for specialized trucks and equipment.
Leadership and Structure
Fred Ross is the Chief Executive Officer of Custom Truck One Source. The company has a typical corporate structure with departments for sales, operations, finance, and marketing.
Top Products and Market Share
Key Offerings
- Aerial Devices: Aerial lifts, bucket trucks, and digger derricks, essential for utility and telecommunications work. Competitors include Terex and Altec. Specific market share data is difficult to obtain precisely but CTOS is a significant player. Revenue is estimated to be a sizable portion of total revenues.
- Cranes: Mobile cranes and boom trucks for construction and industrial applications. Competitors include Liebherr, Manitowoc and Terex. Market share data is fragmented across crane types. Revenue is estimated to be a sizable portion of total revenues.
- Dump Trucks: Dump trucks for construction, infrastructure, and waste management. Competitors include major truck manufacturers like Mack, Peterbilt, and Kenworth. Revenue is estimated to be a sizable portion of total revenues.
Market Dynamics
Industry Overview
The specialized truck and equipment rental and sales industry is driven by infrastructure development, utility maintenance, energy sector activity, and construction. It is cyclical and influenced by economic conditions.
Positioning
Custom Truck One Source is positioned as a one-stop shop for specialized truck and equipment solutions, providing rentals, sales, service, and parts. Its competitive advantages include its broad product portfolio and national footprint.
Total Addressable Market (TAM)
The TAM for specialized truck rentals and sales is estimated to be in the tens of billions of dollars annually. CTOS is positioned to capture a significant portion of this TAM through its diverse product offerings and nationwide reach.
Upturn SWOT Analysis
Strengths
- Broad product portfolio
- National footprint
- One-stop shop for solutions
- Strong service and maintenance capabilities
- Large rental fleet
Weaknesses
- Exposure to cyclical industries
- High capital expenditures
- Integration risks from acquisitions
- Dependence on key suppliers
- Debt Load
Opportunities
- Expanding infrastructure spending
- Growing demand for renewable energy
- Increasing outsourcing of equipment maintenance
- Further acquisitions and consolidation
- Increased electric vehicle infrastructure
Threats
- Economic downturns
- Increased competition
- Fluctuations in commodity prices
- Supply chain disruptions
- Changes in government regulations
Competitors and Market Share
Key Competitors
- URI
- HRI
- ACT
Competitive Landscape
CTOS competes on product breadth, service capabilities, and geographic reach. Its competitive advantages include a wide range of offerings. Disadvantages could include potentially higher costs than specialized players.
Major Acquisitions
Load King
- Year: 2021
- Acquisition Price (USD millions): 250
- Strategic Rationale: Expanded product offerings and manufacturing capabilities in specialized trailers and equipment.
Growth Trajectory and Initiatives
Historical Growth: CTOS has grown through acquisitions and organic expansion. Historical growth requires access to proprietary databases.
Future Projections: Future projections require access to analyst reports and financial models.
Recent Initiatives: Recent initiatives would include acquisitions, new product offerings, and geographic expansions.
Summary
Custom Truck One Source is a significant player in the specialized truck and equipment industry with a broad portfolio and national reach. Its strengths lie in its one-stop-shop model and strong service capabilities. The company needs to be mindful of economic cycles and competitive pressures. Future growth depends on infrastructure spending and strategic acquisitions.
Similar Companies
- URI
- HRI
- ACT
Sources and Disclaimers
Data Sources:
- Company filings, industry reports, news articles, analyst reports.
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Custom Truck One Source Inc
Exchange NYSE | Headquaters Kansas City, MO, United States | ||
IPO Launch date 2017-10-06 | CEO & Director Mr. Ryan McMonagle | ||
Sector Industrials | Industry Rental & Leasing Services | Full time employees 2619 | Website https://www.customtruck.com |
Full time employees 2619 | Website https://www.customtruck.com | ||
Custom Truck One Source, Inc. provides specialty equipment rental and sale services to electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and other infrastructure-related industries in the United States and Canada. It operates through three segments: Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS). The ERS segment owns new and used specialty equipment, including truck-mounted aerial lifts, cranes, service trucks, dump trucks, trailers, digger derricks, and other machinery and equipment. Its TES segment offers new equipment for sale to be used for end-markets, which can be modified to meet customers specific needs. The APS segment provides truck and equipment maintenance and repair services; and rents and sells specialized tools, including stringing blocks, insulated hot stick, and rigging equipment, as well as sale of specialized aftermarket parts. The company was formerly known as Nesco Holdings, Inc. and changed its name to Custom Truck One Source, Inc. in April 2021. Custom Truck One Source, Inc. was founded in 1988 and is headquartered in Kansas City, Missouri.
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