LON:SOM
Somero Enterprises Inc
Position levels
Currenttoday
230.00p
Buy <=wait / entry
188.33p
Trim >=take some off
235.00p
Thesis breakA renewed, confirmed contraction in US non-residential construction starts combi...
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Scenario-weighted conviction
| Probability | Score | Contribution | |
|---|---|---|---|
| Bull case | 23% | 100 / 100 | 23.0 |
| Base case | 47% | 62 / 100 | 29.1 |
| Bear case | 30% | 10 / 100 | 3.0 |
| Weighted conviction | 55 / 100 - OPPORTUNISTIC BUY | ||
Top risks
- No OEM integrations, named supply agreements or government contracts reported
- FY2025 revenue declined 19% to US$88.9m with adjusted EBITDA down 37%
- New and next-generation products contributed US$13.0m revenue in FY2025