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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

Show full summary:
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)