Asset Rotation And Earnings GrowthAsset rotation is expected to be an important driver of earnings growth, and one that requires no new capital raises.
Parking Asset Demand And UtilizationIncreased contract parking volume relative to transient will drive higher and more stable parking facility utilization rates.
Undervaluation And Future Price TargetShares are significantly undervalued, with BEEP shares currently trading at a 2025E EV/EBITDA multiple of 9.3x, while the 12-month price target equates to 14.7x our 2027 adjusted EBITDA estimate.