Professional
Added to YB: 2026-07-24
Pitch date: 2026-07-21
STRT [bullish]
Strattec Security Corporation
+1.59%
current return
Author Info
No bio for this author
Company Info
Strattec Security Corporation designs, develops, manufactures, and markets automotive security, access control, and user interface controls products in North America and internationally.
Market Cap
$354.8M
Pitch Price
$84.48
Price Target
200.00 (+135%)
Dividend
N/A
EV/EBITDA
5.66
P/E
14.04
EV/Sales
0.48
Sector
Automobile Components
Category
turnaround
Plural Investing LLC Fund New Position - Strattec Security
STRT (new position): Auto supplier (handles, keys, locks) to GM/Ford/Stellantis, 65% US. New CEO Jen Slater (July '24, ex-Stratton family) drove EBIT margin 1.5%→5% (guide 7-10%), FCF to $30M, net cash $12M→$107M. Bought ~$70, now $82. 11x EV/FCF→3x. $40M buyback (14% shares). PT $200 (12x P/FCF, $16.5/shr FCF) in 3yrs.
Read full article (2 min)