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Added to YB: 2025-06-06

Pitch date: 2025-06-03

ELCO.L [bullish]

Eleco plc

-16.54%

current return

Author Info

No bio for this author

Company Info

Eleco plc provides software and related services in the United Kingdom, Scandinavia, Germany, the rest of Europe, the United States, and internationally.

Market Cap

GBP 135.5M

Pitch Price

GBP 1.60

Price Target

2.00 (+50%)

Dividend

0.61%

EV/EBITDA

16.04

P/E

41.00

EV/Sales

3.80

Sector

Software

Category

growth

Show full summary:
Elecosoft: Small-Cap SaaS Gem in BuildTech With 200p PT and Room to Scale

ELCO.L: 75%+ recurring revenue, 109% net retention & 90% client retention after transition to SaaS. 22% EBITDA margins can grow with scale. FY25E: £39.6m revenue, £9.1m EBITDA, 6.5p EPS. Target 200p (vs 163p). Trades at 3.2x EV/sales vs peers at 8-10x. £14m net cash supports M&A strategy.

Read full article (2 min)