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Added to YB: 2025-07-02

Pitch date: 2025-07-01

SCE.L [neutral]

Surface Transforms Plc

+69.23%

current return

Author Info

The Boon Fund writes about their investments in UK shares. Outperforming the FTSE All-Share, every year, for the last three years. 49% total return vs 15% over three years. They transparently publish their entire portfolio, as well as all buys and sells that they do. Sign up for the newsletter.

Company Info

Surface Transforms Plc, together with its subsidiaries, researches, develops, designs, manufactures, and sells carbon ceramic brakes for automotive market in the United Kingdom, Germany, Sweden, Netherlands, rest of Europe, the United States, and internationally.

Market Cap

GBP 22.8M

Pitch Price

GBP 0.01

Price Target

N/A

Dividend

N/A

EV/EBITDA

-2.56

P/E

-1.15

EV/Sales

2.78

Sector

Automobile Components

Category

turnaround

Show full summary:
Shares I looked at this week (30 June 2025) - Surface Transforms Plc

SCE.L watchlist: Ceramic brake disc maker targeting Brembo's monopoly has secured impressive OEM contracts but can't fix manufacturing yields (41-83% vs 85%+ target). Quadrupled from 0.25p to 1p despite persistent quality issues for 2 years. £25m+ debt vs £13m market cap. Future fundraising inevitable. Strong potential if manufacturing fixed.

Read full article (3 min)