Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Nexteq plc serves as a business-to-business technology partner, providing design and supply chain expertise to industrial equipment manufacturers across a global footprint that includes North America, Europe, Asia, Australia, and the United Kingdom. The company's operations are divided into two main segments: Quixant and Densitron. Quixant is dedicated to the creation, development, and manufacturing of gaming platforms and display solutions, such as specialized cabinets, computer hardware, and accompanying software, tailored for the casino gaming and slot machine industries. Densitron, on the other hand, concentrates on the distribution of electronic display products, alongside control interfaces and systems, primarily catering to industrial markets like the broadcast and medical sectors. Founded in 2001 and based in Crawley, UK, the company operated as Quixant Plc until rebranding to Nexteq plc in May 2023.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, undervalued on EV