Added to YB: 2023-10-12
Pitch date: 2023-10-12
PNG.V [bullish]
Kraken Robotics Inc.
+1101.96%
current return
Author Info
Maxwell House shares investing ideas, notes, and research. Sign up for the newsletter.
Company Info
Kraken Robotics Inc., a marine technology company, engages in the design, manufacture, and sale of sonar and optical sensors, batteries, and underwater robotic equipment for unmanned underwater vehicles used in military and commercial applications in Canada, the Asia Pacific, Europe, the Middle East, Africa, North America, and internationally.
Market Cap
CAD 1.7B
Pitch Price
CAD 0.51
Price Target
N/A
Dividend
N/A
EV/EBITDA
76.61
P/E
92.26
EV/Sales
16.00
Sector
Electronic Equipment, Instruments and Components
Category
growth
Is Kraken Robotics finally emerging from underwater?
PNG.V: Kraken Robotics, undervalued at 6-7x 2023 EV/EBITDA, targets 40% CAGR to $141M rev & 25% EBITDA margin by 2025. Strong competitive edge in SAS & batteries vs larger peers. $120M+ contracts since 2022, $500M+ pipeline. Potential 3.5x upside in 2 years at 10x 2025 EBITDA.
Read full article (10 min)