Risk factor
High price volatility
Profitability factor
Favourable analyst view
About
SRT Marine Systems plc develops and supplies advanced technologies, products, and integrated systems focused on maritime domain awareness, predominantly leveraging the Automatic Identification System (AIS). The company provides a comprehensive array of solutions, including DAS-Digital ATON, designed to improve port and waterway traffic management and navigation safety; NAIS-National Vessel Tracking for identifying and monitoring maritime vessels; MDM-Coastguard, a robust maritime surveillance system; VMS-Fisheries, which facilitates the tracking, monitoring, and management of fishing fleets; and VTS-Ports and Waterways for overseeing and controlling maritime infrastructure and busy waterways. Additionally, SRT offers various hardware components like AIS, VMS, search and rescue, vessel, and navigation transceivers, along with fishing buoy trackers, base stations, display and data solutions, satellite data services, and OEM AIS transceivers and modules. Their maritime communication products and systems are instrumental across numerous applications, including safety, security, environmental sustainability, and protection. Serving a broad client base that encompasses mariners, infrastructure owners, coast guards, and fishing authorities, SRT operates internationally, with a presence in the United Kingdom, Europe, the Middle East, North America, and Southeast Asia. Founded in 1987, and formerly known as Software Radio Technology Plc until its name change in July 2016, the company is headquartered in Bath, UK.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBITDA
Target Price
The average target price of SRT.L is 122 and suggests 53.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr