Added to YB: 2026-06-29
Pitch date: 2026-06-25
NXQ.L [bullish]
Nexteq plc
Author Info
Price to Tangible Bruce is a deep value investor. Buying what most investors don't like across global public markets. Sign up for the newsletter.
Company Info
Nexteq plc operates as a technology solution provider to customers in industrial markets in North America, Asia, Australia, rest of Europe, and internationally.
Market Cap
GBP 39.7M
Pitch Price
N/A
Price Target
1.10
Dividend
7.03%
EV/EBITDA
5.52
P/E
23.36
EV/Sales
0.19
Sector
Hotels, Restaurants and Leisure
Category
value
A profitable net-net with a cash war chest - Nexteq plc
NXQ.L: B2B tech outsourcer (Quixant gaming PCs 67% rev, Densitron displays) at 0.65x TBV, net-net 0.77x NCAV. £19m net cash = 2/3 of £29.3m cap; biz priced at ~£10m EV. Catalysts: memory cost normalization, IGT/Brazil wins, buybacks, 7% yield. ~100% upside, 38% insider-owned, never loss-making.
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