Added to YB: 2026-01-23
Pitch date: 2026-01-16
SCE.L [neutral]
Surface Transforms Plc
-5.26%
current return
Author Info
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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 0.02
Price Target
N/A
Dividend
N/A
EV/EBITDA
-2.56
P/E
-1.15
EV/Sales
2.78
Sector
Automobile Components
Category
turnaround
AIM A-Z Part 32: Cheap Serial Acquirer - Pass: Surface Transforms Plc
SCE.L (pass): Carbon fiber ceramic brake disc mfr, 70% H1 rev growth to £8M vs £50M target. £300-400M contract backlog, targeting £20M rev/breakeven EBITDA. Never profitable, auto market challenging. Cash positive H1 only from working capital. Mgmt since 2002-05 making progress but too early to assess turnaround success.
Read full article (1 min)