The Last Time We Saw a Setup This Good, We Tripled Our Money
PoW (#14) A European small-cap compounder that the market has left for dead just as its biggest catalyst goes live.
We’re revisiting an old friend today. This one has been quietly compounding in the background, consistently defying competition and getting re-rated upwards and onwards.
We are looking at a business trading at a massive 15.4% 2026 Free Cash Flow yield, printing 25% EBIT margins, and on the verge of 10-bagging its revenue since inception (2017).
Numbers like this usually come with a catch… but here, the only catch is that you haven’t looked at it yet.
⭐ Overall grade: 9.5 / 10
Pick of the Week. A curated series of high-conviction research on companies currently under our microscope. We screen for specific dislocations where the market has mispriced the balance sheet or earnings power.
The Selection Criteria:
Asset Arbitrage: Trading at a discount to tangible liquidation value.
Backlog Disconnect: Future contracted revenue ignored by the market.
Hidden Margins: Structural profitability masked by temporary noise or CAPEX cycles.
The Structure:
The Business: A concise operational overview.
The Dislocation: The specific structural reason the opportunity exists.
The Valuation: A stress-tested snapshot including downside risks (”Red Flags”) and our proprietary score.
None of the following should be construed as investment advice. Please consult a financial advisor before making any investment decision. You will find a full disclaimer at the end of this post.
