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Added to YB: 2026-07-08

Pitch date: 2026-07-04

EXA.PA [neutral]

Exail Technologies

-0.48%

current return

Author Info

No bio for this author

Company Info

Exail Technologies provides robotics, maritime, navigation, aerospace, and photonics technologies solutions in France, the rest of Europe, Africa, Americas, Oceania, and Asia.

Market Cap

EUR 2.1B

Pitch Price

EUR 125.40

Price Target

N/A

Dividend

N/A

EV/EBITDA

37.43

P/E

697.52

EV/Sales

4.39

Sector

Aerospace and Defense

Category

special_situation

Show full summary:
Exail Technologies: A Great Business Trapped in a Bad Capital Structure

EXA.PA (exited position): Sold on Safran €128.50/sh (€2.2B) deal collapsing in 7 days over ICG holdco exit dispute (€710M Exail vs €1.1B ICG). Great biz: €479M rev (+28%), 50%+ GM, €1.1B backlog (+51%), sovereign naval drone/FOG nav tech, EU rearmament tailwind. Bad 2022 cap structure holds it hostage; ICG price-linked claim = overhang. Refi due 2026. Possible absurd entry points ahead.

Read full article (6 min)