Added to YB: 2026-06-25
Pitch date: 2026-06-24
SODI [bullish]
Solitron Devices, Inc.
Author Info
Company Info
Solitron Devices, Inc. designs, develops, manufactures, and markets solid-state semiconductor components and related devices primarily for the military and aerospace markets in the United States, Canada, Latin America, Europe, and Australia.
Market Cap
$50.1M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
20.74
P/E
60.66
EV/Sales
2.94
Sector
Semiconductors and Semiconductor Equipment
Category
special_situation
On the Horizon
SODI (new position): Tiny ($50M cap) defense semiconductor supplier, sole-source on AMRAAM, exposure to HIMARS/SM-3/SM-6 all ramping 2-4x. Record $28.3M backlog (+50% YoY). Trades 6.3-6.7x normalized FWD EV/EBIT (~$7.2M EBIT on $26M rev); 10x = 47-57% upside. Strategic review underway after unsolicited bid; CEO Eriksen + insiders own ~30%. Risk: customer concentration (ConMed 33%, RTX 27%), operating leverage cuts both ways, ~30% downside if wrong. Initiated 2.5% position.
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