Added to YB: 2026-04-28
Pitch date: 2026-04-24
LPK.DE [bullish]
LPKF Laser & Electronics SE
-2.42%
current return
Author Info
No bio for this author
Company Info
LPKF Laser & Electronics SE, together with its subsidiaries, develops, manufactures, and sells laser-based solutions for the technology industry worldwide.
Market Cap
EUR 382.7M
Pitch Price
EUR 16.55
Price Target
N/A
Dividend
N/A
EV/EBITDA
-103.84
P/E
-26.53
EV/Sales
3.06
Sector
Electronic Equipment, Instruments and Components
Category
growth
$LPKF: The Glass Picks-and-Shovels Play
LPK.DE: German laser co w/ >80% share in glass-substrate micro-drilling for AI chip packaging. Intel/Samsung/TSMC all need LIDE tech as semicon shifts from organic to glass substrates. 2025 Solar rev -31% dragged results, but Electronics (incl LIDE) low-8-fig rev w/ strong IP moat. CEO signals 'tangible numbers' on LIDE orders Q1'26 (Apr 30). Trades €14/sh, €350M mcap, 3x EV/Sales despite $20B TAM ramp 2026-30. Target 70% mkt share vs 80% qual share. Risk: Chinese copycats, yield curve competition, dual-sourcing pressure.
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