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Added to YB: 2024-07-16

Pitch date: 2024-07-15

ALGM [bullish]

Allegro MicroSystems, Inc.

+13.38%

current return

Author Info

Company Info

Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for motion control and energy-efficient systems.

Market Cap

$7.9B

Pitch Price

$31.98

Price Target

N/A

Dividend

N/A

EV/EBITDA

105.67

P/E

-592.76

EV/Sales

9.54

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
Allegro, the tech giant of Poland and soon Eastern Europe

ALGM: Polish e-commerce leader, 20M active users, 35% 6yr rev CAGR. Expanding in E. Europe, adding services (AllegroPay, Smart!). 15x 2024 FCF, strong growth. Risks: Asian competition, labor costs. Est. PLN 4-5B FCF in 4yrs. Potential to double in 3-5yrs. Low debt, high FCF conversion.

Read full article (13 min)