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Added to YB: 2024-10-29

Pitch date: 2024-10-26

SPRS [neutral]

Surge Components, Inc.

+31.67%

current return

Author Info

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Company Info

Surge Components, Inc., together with its subsidiaries, supplies electronic products and components. It offers capacitors comprising electrical energy storage devices; and discrete semiconductor components, such as semiconductor rectifiers, transistors, diodes, and circuit protection devices, as well as audible components comprising audible transducers, Piezo buzzers, speakers, and microphones.

Market Cap

$12.7M

Pitch Price

$2.40

Price Target

N/A

Dividend

N/A

EV/EBITDA

0.78

P/E

14.07

EV/Sales

0.04

Sector

Electronic Equipment, Instruments and Components

Category

value

Show full summary:
Idea List: Issue #13 - Surge Components, Inc.

SPRS (wait until $2.28): Tiny electrical component distributor at $13.4M mkt cap, trading below $3.25/share NCAV. $18.7M NCAV vs $23.7M current assets (incl. $12M cash/bonds). Profitable 9/10 yrs. Concerns: high mgmt pay, no shareholder returns despite cash pile. Potential catalyst: cash return to shareholders. Consider buying below $2.28.

Read full article (2 min)