Added to YB: 2024-06-03
Pitch date: 2024-05-29
BCY.SI [bullish]
Powermatic Data Systems Limited
+13.68%
current return
Author Info
Company Info
Powermatic Data Systems Limited, an investment holding company, manufactures, markets, distributes, and sells wireless connectivity products and related services in Singapore, rest of Asia, the United States, Europe, and internationally.
Market Cap
SGD 116.8M
Pitch Price
SGD 2.77
Price Target
N/A
Dividend
1.50%
EV/EBITDA
27.29
P/E
39.47
EV/Sales
4.12
Sector
Communications Equipment
Category
value
Powermatic Data Systems: Combining Operational Success with Real Estate Gains
Powermatic Data Systems: 500% 10yr return, 4x op income & 2x rev since 2016. 12 PE w/ >50% cash. 3% yield. Undervalued property at $16M cost vs $46M value. Redevelopment to $1500-$2500/sqft could yield $100M-$200M profit in 3yrs + $50M cash + $8M biz profit on $100M mkt cap. Risks: dev costs & use of cash. 6% position.
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