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Kudelski S.A. (0QNQ.L)

London Stock Exchange Technology Hardware, Equipment & PartsView data quality →
44.7Fair

ValueMarkers Composite Index

Top 13%#39,112 of 44,707
Undervalued

47% below intrinsic value ($2)

UndervaluedFair ValueOvervalued
Piotroski
2/9
Weak
Beneish
1.21
High Risk
Altman
0.50
Distress
DCF Value
$2
Undervalued
ROIC
-6.7%
Low
P/E
-
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

Kudelski S.A. (0QNQ.L) — VMCI valuation read

0QNQ.L screens at VMCI 45/100, a 5-point gap below the Technology sector median (50). For a mid-cap Kudelski S.A. share, that placement says the multi-pillar composite is richer or lower quality than the typical peer on a like-for-like basis.

0QNQ.L has logged no Form 4 insider activity over the trailing 30 days. The tape reads neither bullish nor bearish on insider conviction. The next signal sits with the 10-Q schedule and the analyst calendar.

**Investor frame.** Value: 0QNQ.L trades at 18.0x earnings, 0% above the Technology median of 18.0x, while EV/EBITDA prints 9.0x against 12.0x for the Technology group. Quality: ROIC of 12.0% sits 2.0pp above the Technology median (10.0%), the cleanest like-for-like comparison on capital efficiency. Risk: net debt to EBITDA of -0.9x leaves covenant headroom, which sets the rate-cycle exposure for Kudelski S.A..

0QNQ.L rose 1.9% over the trailing 7 days, with a -0.0% read on a 30-day basis.

Kudelski SA develops and delivers a range of digital security solutions for digital television and interactive applications in Switzerland, the United States, France, the Netherlands, and internationally. It operates through four segments: Digital TV, Cybersecurity, Internet of Things (IoT), and Public Access. The Digital TV segment offers integrated solutions, including open conditional access solutions, which allow TV operators and content providers to operate various value-added pay-TV services on a secure platform, and middleware software solutions for set-top boxes and other consumer devices; and intellectual property consulting services. The Cybersecurity segment provides cybersecurity solutions to enterprises and public sector institutions, which include consulting, technology and resale services, managed security and custom developed proprietary products, and threat intelligence solutions that help organizations to build and run security programs. The IoT segment offers device security through identity authentication and firmware protection; data security to ensure the confidentiality, integrity, and authenticity of sensitive data; and access management and active security protections to enable secure processing, local decision making, and threat detection and response. The Public Access segment provides access control systems and ticketing services for ski lifts, car parks, stadiums, concert halls, and other events. The company also offers watermarking solutions; smartcards and digital TV sales and support services; research and development services; finance services; and research and development digital broadcasting solutions, as well as operates a travel agency. Kudelski SA was founded in 1951 and is headquartered in Cheseaux-sur-Lausanne, Switzerland.

CEO: André Kudelski1,774 employeesCHwww.nagra.com

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