Market's view on Elecosoft
Published on April 2024
- Elecosoft is assessed with an adjusted EPS of 5p (Next Twelve Months) and 6p (‘25), with a PE of 19.4 (NTM) and 16.2 (‘25), considered undervalued if it meets growth forecasts.
- Another stock watcher describes Elecosoft’s stocks as not cheap, citing figures: £28m turnover, £78m capital value, sales/pat ratio of 2.8, adjusted EPS of 4.0p, share price around 100p, and a P/E ratio of 25.
- Positive insights shared from interviews with Elecosoft’s CEO Jonathan Hunter and CFO Neil Pritchard.
- Elecosoft is noted for being debt-free in its final results announcement.
- Elecosoft reports positive 2023 results and an optimistic outlook, highlighted by buildtech software developments.
- Elecosoft is recommended as a buy by a research tip publication.
- Questions are raised regarding trading volume spikes and increased trades, suggesting possible insider information or tipping.
- Concerns voiced over potential misleading financial presentations by Paul Hill of Vox Markets, highlighting discrepancies in reported and organic Annual Recurring Revenue (ARR) growth figures.
- CEO Jonathan Hunter discusses Elecosoft’s year-end trading update and expansion strategies in an interview.
- A stock watcher discusses potential underestimation of EPS forecasts for FY24, suggesting possible share price growth based on multiple financial metrics.
- Elecosoft announces a 24% growth in ARR to £22.6m.
- Discussion on Vox Markets labels Elecosoft as a promising stock for significant gains in 2024 and 2025, with an analyst having a substantial personal investment.
- General optimism expressed for upcoming trading updates and the future performance of Elecosoft.