Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
CI Systems (Israel) Ltd. is a global provider specializing in the development, manufacturing, and distribution of high-precision electro-optical test and measurement solutions. Their comprehensive portfolio encompasses a diverse array of electro-optical test systems, including SWIR, FLIR, and day cameras, alongside specialized equipment for testing lasers, detectors, and boresight alignment. The company also supplies advanced tools such as missile warning system testers, optical alignment systems, and integrating sphere systems. A significant part of their offering includes blackbody radiation sources, available as extended area and cavity models, complemented by RAD motorized target wheels and associated accessories. Furthermore, they provide aperture and wide field of view collimators. Beyond testing equipment, CI Systems develops infrared radiometric products, featuring multi-channel, multi-spectral, dual-band fast, and solar-blind imaging radiometers tailored for remote sensing applications. Their extensive product range also covers optical gas imaging solutions, temperature screening cameras, atmospheric transmission measurement systems, spectroradiometers, and circular variable filters. Additionally, the company manufactures optical monitoring equipment, such as noncontact temperature monitors and liquid monitoring systems, specifically designed for wafer and photovoltaic solar cell manufacturing processes. Founded in 1977, CI Systems is headquartered in Migdal HaEmek, Israel, and operates as a subsidiary of CI Technologies Inc.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is overvalued on EV/EBITDA, underpriced on P/FC.