Added to YB: 2026-09-10
Pitch date: 2026-09-08
SOM.L [bullish]
Somero Enterprises, Inc.
-0.78%
current return
Author Info
No bio for this author
Company Info
Somero Enterprises, Inc. designs, assembles, remanufactures, sells, and distributes concrete leveling, contouring, and placing equipment in North America, Europe, Australia, Latin America, India, China, the Middle East, Korea, and Southeast Asia.
Market Cap
GBP 168.3M
Pitch Price
GBP 2.55
Price Target
5.76 (+126%)
Dividend
N/A
EV/EBITDA
6.96
P/E
12.99
EV/Sales
1.45
Sector
Machinery
Category
turnaround
A Company That Hasn't Lost Money in 13 Years Trades at 2016 Prices: Here's Why It Could Double - Somero Enterprises, Inc.
SOM.L: Somero, the entrenched leader in laser-guided concrete screeds, offers a cyclical-recovery thesis backed by 13 straight profitable years, zero debt and $33.2M of net cash. First-half 2026 exceeded internal expectations and guidance rose; if net income recovers from 2025’s $10.2M to the $25M base case, illustrative 12-15x multiples imply 81-126% upside. The key risk is that weak industry data means recovery remains unconfirmed, alongside governance uncertainty.
Read full article (17 min)