All research in RF Components — 1 reports.
Filtronic is a technically capable, financially healthy small-cap RF/mmWave supplier whose single greatest weakness is extreme customer concentration. At roughly 391.25p the stock sits far above our fair intrinsic-value range (120-180p) and even our optimistic ceiling (300p). Rating Watch: a decent niche technology company priced for many years of flawless, diversified, high-speed growth rather than a value stock with a real margin of safety; ideal buy zone 90-150p.
