Added to YB: 2025-09-03
Pitch date: 2025-07-14
1523.HK [bullish]
Plover Bay Technologies Limited
+4.44%
current return
Author Info
No bio for this author
Company Info
Plover Bay Technologies Limited, an investment holding company, designs, develops, and markets software defined wide area network routers.
Market Cap
HKD 1.0B
Pitch Price
HKD 5.98
Price Target
N/A
Dividend
4.19%
EV/EBITDA
19.39
P/E
24.90
EV/Sales
7.85
Sector
Communications Equipment
Category
growth
Plover Bay Technologies Ltd - $1523.HK
1523.HK: Router hardware transitioning to SaaS model (40% recurring rev vs 25% in '22), 22% revenue CAGR, 26% profit CAGR over 11yrs. Only Starlink Authorized Tech Partner creates growth catalyst. 71% ROE, 33% net margins, asset-light model. DCF shows 17% base/22% bull IRR + 5% yield. Risk: 64% US sales, tariff exposure.
Read full article (9 min)