Added to YB: 2024-11-14
Pitch date: 2024-11-12
SPRS [bullish]
Surge Components, Inc.
+39.82%
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
$2.26
Price Target
4.44 (+41%)
Dividend
N/A
EV/EBITDA
0.78
P/E
14.07
EV/Sales
0.04
Sector
Electronic Equipment, Instruments and Components
Category
value
A Tale of Two Bargains - Surge Components, Inc.
SPRS: Cheap electronic component distributor at 1x net cash. Avg $1.6M pre-tax earnings since 2010. 25-30% gross margins, 2.7-9.1% op margins. Revenues down due to customer inventory, expected recovery 2H 2025. Insider ownership 53%. Risks: poor governance, potential misuse of cash, legal issues, delayed revenue recovery.
Read full article (6 min)