Added to YB: 2024-07-01
Pitch date: 2024-06-30
ETCC [bullish]
Environmental Tectonics Corporation
-8.21%
current return
Author Info
Company Info
Environmental Tectonics Corporation, together with its subsidiaries, provides engineered solutions in the United States and internationally.
Market Cap
$25.1M
Pitch Price
$1.95
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.53
P/E
13.35
EV/Sales
0.68
Sector
Aerospace and Defense
Category
value
Off the beaten path company on the OTC trades at a P/E ratio of 4
ETCC: Obscure OTC aerospace/industrial co (crew/flight simulators, NASTAR Center) at ~4x NTM EPS. Record $108.9M backlog (vs $23.7M yr ago) from $85M intl order gives high FY25 visibility, ~$64M rev, ~$11.6M op income. GM 33%+, $21M NOLs. Risks: customer concentration, one-off FY25, lumpy rev, Lenfest-controlled. Pref conversion at $1.98 = clean cap catalyst.
Read full article (6 min)