Added to YB: 2025-05-20
Pitch date: 2025-05-16
ALWEC.PA [bullish]
We.Connect SA
+29.08%
current return
Author Info
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Company Info
We.Connect SA designs, manufactures, assembles, and distributes hardware and computers, and peripheral and electronic equipment in France.
Market Cap
EUR 55.8M
Pitch Price
EUR 17.51
Price Target
N/A
Dividend
2.11%
EV/EBITDA
3.37
P/E
6.83
EV/Sales
0.14
Sector
Electronic Equipment, Instruments and Components
Category
growth
WE.Connect Investment Analysis
ALWEC.PA: French IT wholesaler, 18.81% CAGR since 2016, 20%+ ROIC. Strong net cash (24% of market cap) for future M&A. 2025 catalysts: AI PCs, Win10 EOL, PC refresh cycle. Trading at 6.7x P/E, 2.9x EV/EBITDA. Exertis acquisition in progress could add €176M revenue, premium brands (Microsoft, Logitech) and Iberian market entry.
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