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Added to YB: 2026-07-06

Pitch date: 2026-07-02

FTC.L [neutral]

Filtronic plc

-6.17%

current return

Author Info

Wizard's Winners shares Magical High Upside Stocks with asymmetric Risk/Reward profiles. I cover typically smallcaps and microcaps that are often misunderstood with significant upside when calculated via probabilistic future cashflows. Sign up for the newsletter.

Company Info

Filtronic plc designs, develops, manufactures, and sells radio frequency (RF) technology in the United Kingdom, Europe, the Americas, and internationally.

Market Cap

GBP 538.9M

Pitch Price

GBP 2.67

Price Target

0.55 (-78%)

Dividend

N/A

EV/EBITDA

83.98

P/E

137.64

EV/Sales

9.57

Sector

Communications Equipment

Category

value

Show full summary:
Should I fill my boots with FILTRONIC?

FTC.L (bearish/overvalued): SpaceX picks-and-shovels play, FY25 rev +121% to £56.3m, EBITDA +247% to £17m, stock 4-6x since 2024. But author flags EPS 6.05p masks -0.4p FCF/share; capex-heavy, 83% SpaceX concentration, warrant dilution. DCF fair value ~52-55p vs 278p (80% downside).

Read full article (10 min)