Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Image Systems AB, established in Linköping, Sweden, in 1983, operates as a global provider of sophisticated non-contact measurement solutions and integrated systems. The company specializes in motion analysis, processing imagery captured by high-speed cameras, and offers high-resolution film scanning capabilities, primarily utilized for surveillance in the defense, automotive, and research & development sectors. Their advanced solutions are built upon sophisticated image processing algorithms that incorporate precise measurement methodologies. Within the sawmill industry, they provide automated systems that apply these techniques to enhance operations such as efficient log sorting, saw line optimization, and precise board handling. Image Systems AB's product offerings include TEMA, a software suite designed for detailed motion analysis; TrackEye, a specialized system for advanced motion studies on military test ranges; Digital Image Correlation (DIC), an optical, non-contact method for comprehensive full-field deformation analysis to determine an object's strain and deformation under stress; and dedicated scanners for air defense surveillance and reconnaissance missions.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is undervalued on EV/EBITDA.