Professional
Added to YB: 2024-11-15
Pitch date: 2024-11-06
ALLOG.PA [bullish]
Logic Instrument S.A.
+129.73%
current return
Author Info
Fairlight Capital is a value-focused alternative investment manager. Sign up for the newsletter.
Company Info
Logic Instrument S.A. manufactures and sells mobile computers for the defense and corporate sectors in France, Germany, and internationally.
Market Cap
EUR 17.2M
Pitch Price
EUR 0.89
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.15
P/E
10.37
EV/Sales
0.51
Sector
Technology Hardware, Storage and Peripherals
Category
value
Fairlight Alpha Fund Portfolio Holding: Logic Instrument S.A.
ALLOG.PA: Rugged device maker for defense/industrial. Rev +136% YTD Q3, margins up (5.3% to 7.1%). Trades at 5.3x P/E, 4.9x EV/E. CEO targets €32M rev 2024, €50M 2025. Growth via own products (Fieldbook) & M&A (Elexo). MIL-STD-810 compliant. Extremely mispriced given growth trajectory.
Read full article (2 min)