1Semana·

Expert on the fear of sea mines: "The risk is enormous" Which company will benefit

Hello my dears,

At the weekend I did a little research on the subject of sea mines. And found one of the market leaders for you, whose systems are indispensable for disposal. Many of you will already be familiar with the company, or perhaps have already invested in it.


Unfortunately, I missed my entry yesterday due to further research. And by the end of the day, the share price had already risen by 8%.


It seems that some others also believe in my thesis.


Even after the end of the war, the topic of sea mines will not disappear and will remain in focus.

Furthermore, the company is about much more than just sea mines. We also have a player here in the growth area of Space and satellites.


Even though I am already invested in $PNG (-5,06 %) Kraken Robotic, I see a good addition here. Because I'm also still looking for a drone player.


I also like the chart.


Yes, my dears, the company is no longer cheaply valued.

But due to the growth and the growth sectors, I still see good potential here.


What do you think?


Iran has started laying sea mines in the Strait of Hormuz, which poses a major threat to shipping and exacerbates international tensions.


According to Moritz Brake (maritime security expert and reserve officer in the German Navy), the danger posed by sea mines in the Strait of Hormuz was a major issue even before the war began. Even older mine technology was sufficient to endanger modern merchant ships.


"On the ship, the captain has first and foremost responsibility for his crew"


Military security would also be costly: First, mines would have to be cleared, then warships would accompany the freighters and fend off attacks from the air or from the water. Nevertheless, there can be no such thing as complete security, says Brake.


$EXA (-1,32 %)

The specialist for underwater drone systems Exail Technologies is a leader in the field of mine clearance and has a record order backlog of 1.1 billion euros!

Updated on 08.12.25


The market for maritime underwater systems, in particular autonomous underwater vehicles (AUVs), is at a turning point and is revolutionizing the way underwater operations are carried out in the fields of defence, scientific research, but also seabed mapping.
are carried out.

Exail Technologies is a highly specialized technology group based in France that has achieved remarkably dynamic growth and numerous milestones in major contracts, innovation and its financial strategy so far in 2025. Exail Technologies is a vertically integrated autonomous systems group: Its focus is on maritime robotics (drones, sensors, mission software) and inertial navigation systems (based on fiber optics, gyroscopes and laser photonics).



Exail Technologies is an industrial company specializing in cutting-edge technology in the fields of autonomous robotics, navigation, aerospace and photonics. With a strong entrepreneurial background, Exail Technologies guarantees performance, reliability and safety to both civilian and military customers working in harsh environments. From the depths of the ocean to the remotest corners of space, the Group enhances its customers' capabilities with components, products and systems. Exail Technologies operates in nearly 80 countries.

Number of employees: 2,059


Exail Technologies is a leading high-tech champion with a strong with a strong entrepreneurial culture. The group was created in 2022 through the convergence of ECA Group and iXblue and shares a common DNA of entrepreneurship.


Exail Technologies is one of the few medium-sized companies in the defense sector in Europe. This enables the company to have both the decisive scale to win large programs of several hundred million euros and the agility to move quickly and innovate in high-tech markets.


As a family-run company under the leadership of Raphaël Gorgé, Exail Technologies has a long-term perspective on value creation. This creates the solid foundation for a culture of innovation and the ability to continue to push the boundaries of science and take our technological excellence to new heights.

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Exail announces the first sale of DriX H-9 for civil offshore operations to a European customer

March 12, 2026

Erster Verkauf von DriX H-9 für zivile Offshore-Einsätze an einen europäischen Kunden


Exail supplies LBL positioning systems for large deepwater energy projects in Brazil and Angola

March 10, 2026

Exail liefert LBL-Positionierungssysteme für große Tiefwasserenergieprojekte in Brasilien und Angola


Delivery of the Vlissingen, the second mine countermeasure vessel of the Belgian-Dutch rMCM program

Belgium Naval & Robotics liefert die Vlissingen, das zweite Minenabwehrschiff des belgisch-niederländischen rMCM-Programms,


Exail and INTRA strengthen strategic partnership to further develop aviation training capabilities in Saudi Arabia

February 26, 2026

Exail und INTRA stärken die strategische Partnerschaft zur Weiterentwicklung der Luftfahrtausbildungskapazitäten in Saudi-Arabien


18/02/26

Aktivität des 4. Quartals 2025: Umsatzwachstum von 26 %


07/01/26

DriX H-9-Drohne: Exail kündigt zwei neue Bestellungen an, von denen einer Luftgegn-Drohnen-Fähigkeiten integriert


05/01/26

Neuer Auftrag für mehrere hundert K-STER Unterwasserdrohnen für rund 40 Millionen Euro


Exail starts production of the sixth control console for the Korean Navy's submarines

November 27, 2025

Start der Produktion der 6. Steuerkonsole für ein koreanisches U-Boot


Exail supplies key optical technologies for the SOLiS Terabit space laser communication demonstrator

October 16, 2025

https://www.exail.com/news/exail-to-deliver-key-optical-technologies-for-solis-terabit-space-laser-communications-demonstrato


Exail achieves world market record with 1,100 nautical mile autonomous USV transit across the Strait of Gibraltar

September 25, 2025

Welterster mit 1100 Seemeilen langem autonomen USV-Transit


Exail delivers hundreds of Advans series navigation systems for large European ground-based radars

September 9, 2025

Exail liefert Hunderte von Advans-Serien-Navigationssystemen für große europäische bodengestützte Radare


Exail to equip the Indonesian Navy with the next generation unmanned mine countermeasure system

June 24, 2025

Exail, um die indonesische Marine mit einem unbemannten MCM-System auszustatten


Exail introduces Spacelink-PCE, a new propagation channel emulator for satellite communications

March 11, 2025

Exail stellt Spacelink-PCE vor, einen neuen propagationskanal-Emulator für Satellitenkommunikation


CORPORATE PRESENTATION

PowerPoint Presentation

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Geographical distribution of sales:

Year 2024 (EUR)

Europe 139 million

France 89.22 million

Asia 52.81 million

Americas 35.18 million

Africa 2.25 million

Oceania 4.55 million


EUR in millions

Estimates

Year Turnover Change

2024 373,1 15,56 %

2025 477,9 28,09 %

2026 572,1 19,71 %

2027 711,8 24,42 %


Year EBIT Change

2024 73,82 13,39 %

2025 103,7 40,54 %

2026 132,4 27,57 %

2027 179 35,24 %


Year Net result Change

2024 -3,641 -122,92 %

2025 14,72 504,4 %

2026 32,43 120,26 %

2027 35,71 102,62 %


Year Net debt CAPEX Leverage ratio

2024 258 33,93 3,49x

2025 244 40,3 2,35x

2026 242 44,56 1,83x

2027 178 49,14 0,99x


Year Free cash flow change

2024 57,47 141,1 %

2025 38,4 -33,19 %

2026 46,63 21,44 %

2027 65,3 40,03 %


Year EBIT margin ROE

2024 12,2 % -2,92 %

2025 15,15 % 10,79 %

2026 17,04 % 16,66 %

2027 19,64 % 22,81 %


Year Earnings per share Change

2024 -0,2142 -122,97 %

2025 0,8492 496,45 %

2026 1,718 102,31 %

2027 3,32 93,25 %


Year P/E ratio PEG

2024 -81x 1x

2025 150x -0x

2026 74.3x 1x

2027 38.4x 0.4x


Market value 2,166

Number of shares (in thousands) 16,972

Date of publication 25.03.2025


Sector comparison

(Source Onvista) EXAIL Kratos Kraken Rob.

Earnings p share

2026 1,47 0,25 0,0833

2027 3,41 0,49 0,11

2028 4,34 0,61

Profit growth (%)

2026 +110,71 +123,08 +160,41 %

2027 +121,02 +89,66 +32,01 %

2028 +37,27 +15,36

P/E RATIO

2026 86,91 304,15 114

2027 37,43 157,77 86,2

2028 29,39 124,96

PEG

2026 +0,62 +3,28 +1

2027 +1,37 +6,01 +2,7

2028 +0,62 +2,92

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Performance

1 week +1.43 %

1 month +14.54 %

6 months +10.19 %

1 year +308.32 %

3 years +557.73 %

5 years +754.08 %

7 years +1,088.08 %

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@schlimmschlimm
@HoldTheMike
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@Liebesspieler etc.


$EXA (-1,32 %)

30
19 Comentarios

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I've known it for a long time, of course, and I think we've even discussed it before. Logically, it came onto my radar during my market leader research in the defense sector. But despite all the necessity and operational excellence, the valuation is simply absolutely dizzying.

That's why I was so happy about your idea of $EXENS at the time.

I think Exail is mega, but the valuation leaves much more room for downside than upside in my view.🫣
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Looks really good and I like your comparison. I also think that the margin will tend to increase and therefore there is potential. Off to the list
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Hi, I had actually investigated the value before and still have it on the WL. But I decided in favor of $PNG because I see higher growth and more room for upside ;) The valuation of Eaxail is not exactly underground either... Thanks for your introduction anyway!!! 😉
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What is your opinion about $BYRN ? Thanks in advance!
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Very exciting but also highly valued. Can you say something about $SYM?
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