Professional
Added to YB: 2024-10-04
Pitch date: 2024-10-02
AIOT [neutral]
PowerFleet, Inc.
-31.05%
current return
Author Info
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Company Info
PowerFleet, Inc. provides Internet-of-Things solutions in the United States, Israel, and internationally.
Market Cap
$503.2M
Pitch Price
$4.67
Price Target
N/A
Dividend
N/A
EV/EBITDA
-59.16
P/E
-2.65
EV/Sales
3.50
Sector
Electronic Equipment, Instruments and Components
Category
N/A
Pernas Research Passes On: PowerFleet, Inc.
AIOT pass: IoT for industrial, logistics, fleet mgmt. 60%+ rev from Israel/SA. Faces competition from Samsara, Geotab & OEM-built telematics w/ APIs. Mrkt cap $536mm, EV/EBITDA 110. Growth challenges due to OEM solutions & geographic concentration.
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