Added to YB: 2024-10-29
Pitch date: 2024-10-26
SPRS [neutral]
Surge Components, Inc.
+31.67%
current return
Author Info
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Company Info
Surge Components, Inc., together with its subsidiaries, supplies electronic products and components. It offers capacitors comprising electrical energy storage devices; and discrete semiconductor components, such as semiconductor rectifiers, transistors, diodes, and circuit protection devices, as well as audible components comprising audible transducers, Piezo buzzers, speakers, and microphones.
Market Cap
$12.7M
Pitch Price
$2.40
Price Target
N/A
Dividend
N/A
EV/EBITDA
0.78
P/E
14.07
EV/Sales
0.04
Sector
Electronic Equipment, Instruments and Components
Category
value
Idea List: Issue #13 - Surge Components, Inc.
SPRS (wait until $2.28): Tiny electrical component distributor at $13.4M mkt cap, trading below $3.25/share NCAV. $18.7M NCAV vs $23.7M current assets (incl. $12M cash/bonds). Profitable 9/10 yrs. Concerns: high mgmt pay, no shareholder returns despite cash pile. Potential catalyst: cash return to shareholders. Consider buying below $2.28.
Read full article (2 min)