American Electric Technologies (AETI) is a global provider of power delivery solutions to traditional and renewable energy industries.Founded 1946 with 310 employees.
AETI’s mission
is to empower traditional and renewable energy companies to provide the world’s
expanding energy requirements. Their power delivery infrastructure solutions
include products, construction and services to generate, distribute and utilize electrical power.
“Just as
Cisco Systems (NASDAQ: CSCO) makes the network infrastructure solutions (switches
and routers) that enables the performance and reliability of the internet
industry, AETI makes the power infrastructure solutions (switchgear and
inverters) that enables the performance and reliability of the energy industry.”
Corporate website
Customers include oil and gas
companies. Furthermore, other areas are traditional power generation,
transmission, co-generation, alternative energy industry,
including wind, geothermal, biomass and solar.
YTD negative price performance of -38.38%, this may be viewed as an opportunity. Additionally, AETI’s operations
continue to outperform their industry peers. Moreover, revenue for
the fiscal year ended December 31, 2013 reported on March 4, 2014 was up 21%
from 2012.Income improved 480% to report NI of 2.50 Million. Lastly, fourth
quarter revenues were 18.10M up YOY 21% and 3% from Q3 2013 record revenues.
Additional reasons to
consider AETI...
Growing GP% compared to 2008 to 2012,increasing ROIC with a current value of 17.43%, increasing sales YOY change =
20.60%, YTD stock performance of -38%, stable share count with a clean capital structure, high insider ownership of 48.00%,strong financial position,F score of
7 indicating a solid company.
Possible
Negatives, insider selling, debt increasing although manageable,
Market Cap: 49.25M
Enterprise Value: 49.10M
Price/Sales: 0.72 ,
Price/Book : 1.86
Enterprise Value/Revenue:
0.72 , Enterprise Value/EBITDA: 16.47
Profit Margin: 4.97%
, Operating Margin: 3.04%
Return on Assets: 2.89% , Return on Equity: 11.78%
Revenue: 68.30M ,
Revenue Per Share: 8.52
Qtrly Revenue Growth: 20.60% , Gross Profit: 11.82M
EBITDA: 2.98M
Total Cash: 1.73M ,
Total Cash Per Share: 0.22
Total Debt: 1.57M
Current Ratio : 2.42 , Book Value Per Share:3.30
52-Week Change:
-0.81%
52-Week High:
11.21 52-Week Low (May 12, 2014): 5.67
Shares Outstanding :8.01M , Float: 4.82M
% Held by Insiders: 48.01% ,% Held by Institutions: 9.20%
Short % of Float: 0.90%
Owned Real Estate;
Beaumont, Texas T&S manufacturing and storage .. 9 Acres
and 85,000 square feet
Bay St. Louis, Mississippi , M&I manufacturing … 3
Acres, 11,000 square feet
Keystone Heights, Florida
AAT offices and manufacturing … 9.70 Acres, 67,500 square feet
Xian, Shaanxi, China BOMAY Electric Industries offices and
manufacturing … 4.1 acres 100,000 square
feet
No Position in AETI
