Risk factor
Moderate default risk
Profitability factor
Greatly overvalued vs peers
About
Etion Limited provides original design manufacturing, safety and productivity, digital network, and cyber security solutions in South Africa. The company designs, develops, and manufactures various electronic and digital technologies; and develops customized electronic subsystems and products for customers in the aerospace and defense, cyber security, mining, rail, industrial, and IoT sectors. It also offers fiber connectivity products for telecommunications network; design and installation solutions and services to network operators and their installers; and cyber security solutions, vulnerability assessments, and secure business transactions, as well as support and maintenance services. The company was formerly known as Ansys Limited. Etion Limited was incorporated in 1987 and is headquartered in Centurion, South Africa.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.