Added to YB: 2026-08-05
Pitch date: 2026-08-03
SOM.L [bullish]
Somero Enterprises, Inc.
Author Info
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Company Info
Somero Enterprises, Inc. designs, assembles, remanufactures, sells, and distributes concrete leveling, contouring, and placing equipment in North America, Europe, Australia, Latin America, India, China, the Middle East, Korea, and Southeast Asia.
Market Cap
GBP 163.3M
Pitch Price
GBP 2.30
Price Target
2.92 (+24%)
Dividend
3.25%
EV/EBITDA
7.95
P/E
17.53
EV/Sales
1.50
Sector
Machinery
Category
special_situation
Somero Enterprises (SOM.L): When an operational recovery coincides with buybacks and activism
SOM.L: Cyclical concrete-leveling microcap leader (Laser Screed®, 77% US) at inflection. FY25 trough: rev -19%, adj EBITDA -37% (19.7% margin), but $33.2M net cash intact. H1'26 beat, Boom Screeds demand recovering. $12M buyback + governance activism post-AGM revolt. 12mo TP 290-292p.
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