Professional
Added to YB: 2024-04-25
Pitch date: 2024-04-24
AWE.L [bullish]
Alphawave IP Group plc
+64.87%
current return
Author Info
No bio for this author
Company Info
Alphawave IP Group plc develops and sells wired connectivity solutions in North America, China, the Asia Pacific, Europe, the Middle East, Africa, and the United Kingdom.
Market Cap
GBP 1.2B
Pitch Price
GBP 1.13
Price Target
N/A
Dividend
N/A
EV/EBITDA
-116.89
P/E
-26.83
EV/Sales
4.46
Sector
Semiconductors and Semiconductor Equipment
Category
value
Crossroads Capital Portfolio Holding: Alphawave IP Group plc
AWE.L: Alphawave IP, an AI beneficiary, trades at just 10x '24 EBITDA vs peers at 40-50x. Catalysts: $500M revenue run-rate, 30%+ margins in '24, divesting China JV, share buybacks, drama-free financials. Key partner in ARM's Neoverse ecosystem. Optical products to AWS beating MRVL's Inphi. Potential US listing for re-rating like CRDO's 20x sales multiple.
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