Professional
Added to YB: 2024-02-02
Pitch date: 2024-02-02
SGMA [bullish]
SigmaTron International, Inc.
-7.95%
current return
Author Info
No bio for this author
Company Info
SigmaTron International, Inc. operates as an independent provider of electronic manufacturing services in the United States, Mexico, China, Vietnam, and Taiwan.
Market Cap
$18.4M
Pitch Price
$3.27
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.99
P/E
-1.51
EV/Sales
0.27
Sector
Electronic Equipment, Instruments and Components
Category
turnaround
SRK Capital holding - Sigmatron International ($SGMA)
SGMA: Unglamorous EMS provider trading <1/3 book, 3x normalized earnings despite challenges. Near breakeven 1H FY24, tough Q3 from reduced consumer demand. Freed $20M inventory, $20-30M more for debt reduction. Bleak near-term, but potential tailwinds: slowing inflation, expected Fed cuts, large FY25 contracts.
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