Somero Enterprises Overview

  • Year Founded
  • 1985

Year Founded

  • Status
  • Public

  • Employees
  • 216

Employees

  • Stock Symbol
  • SOM

Stock Symbol

  • Investments
  • 1

  • Share Price
  • $3.30
  • (As of Friday Closing)

Somero Enterprises General Information

Description

Somero Enterprises Inc provides concrete placing solutions. The company provides concrete-leveling equipment, training, education, & support to its customers. Its products include CopperHead, Mini Screed C, S-840, S-15R, S-22E, S-485, S-940, S-10A, & the S-158 Laser Screed machines; STS-11M Topping Spreader; as well as the 3-D Profiler System software, the Somero Floor Levelness System, & the SP-16 Concrete Hose Line-Pulling & Placing System. Its revenues are derived from sales of Boomed screed products, Ride-on screed products, Remanufactured machines sales, 3-D Profiler System, & sales of parts & accessories, other equipment, service, training, & shipping charges. Geographically, it operates in North America, EMEA & ROW (Australia, Latin America, India, China, Korea, & Southeast Asia).

Contact Information

Website
www.somero.com
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Corporate Office
  • 14350 Global Parkway
  • Fort Myers, FL 33913
  • United States
Primary Industry
Machinery (B2B)
Other Industries
Building Products
Raw Materials (Non-Wood)
Stock Exchange
LON
Vertical(s)
Manufacturing, Industrials
Corporate Office
  • 14350 Global Parkway
  • Fort Myers, FL 33913
  • United States

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Somero Enterprises Stock Performance

As of 29-Nov-2024, Somero Enterprises’s stock price is $3.30. Its current market cap is $181M with 54.9M shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$3.30 $3.35 $3.19 - $4.84 $181M 54.9M 85.9K $0.43

Somero Enterprises Financials Summary

As of 30-Jun-2024, Somero Enterprises has a trailing 12-month revenue of $114M.

In Thousands,
USD 		TTM 30-Jun-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 201,970 241,890 226,701 381,648
Revenue 113,688 120,699 133,590 133,334
EBITDA 29,592 34,620 42,214 45,820
Net Income 23,718 27,978 31,119 34,832
Total Assets 93,078 98,550 98,991 97,359
Total Debt 2,978 1,956 1,376 1,925
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Somero Enterprises Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Somero Enterprises Patents

  • 258

    Total Documents Applications and Grants

  • Total Patents Families

  • 163

    Granted

  • 25

    Pending

  • Expiring in next 12 mo

Somero Enterprises Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240392517-A1 Concrete screeding machine and screeding process Pending 24-May-2023
US-20230332361-A1 Concrete surface working machine with actuator-controlled rock tamper Pending 13-Apr-2022
AU-2023254774-A1 Concrete surface working machine with actuator-controlled rock tamper Pending 13-Apr-2022
US-20230258005-A1 Concrete screeding machine with wall edge screeding feature Pending 14-Feb-2022
AU-2023217076-A1 Concrete screeding machine with wall edge screeding feature Pending 14-Feb-2022 E04F21/242
To view Somero Enterprises’s complete patent history, request access »

Somero Enterprises Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Somero Enterprises Acquisitions (1)

Somero Enterprises’s most recent deal was a Merger/Acquisition with Line Dragon for . The deal was made on 15-Jan-2019.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Line Dragon 15-Jan-2019 Merger/Acquisition Machinery (B2B)
To view Somero Enterprises’s complete acquisitions history, request access »

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Somero Enterprises FAQs

  • When was Somero Enterprises founded?

    Somero Enterprises was founded in 1985.

  • Where is Somero Enterprises headquartered?

    Somero Enterprises is headquartered in Fort Myers, FL.

  • What is the size of Somero Enterprises?

    Somero Enterprises has 216 total employees.

  • What industry is Somero Enterprises in?

    Somero Enterprises’s primary industry is Machinery (B2B).

  • Is Somero Enterprises a private or public company?

    Somero Enterprises is a Public company.

  • What is Somero Enterprises’s stock symbol?

    The ticker symbol for Somero Enterprises is SOM.

  • What is the current stock price of Somero Enterprises?

    As of 29-Nov-2024 the stock price of Somero Enterprises is $3.30.

  • What is the current market cap of Somero Enterprises?

    The current market capitalization of Somero Enterprises is $181M.

  • What is Somero Enterprises’s current revenue?

    The trailing twelve month revenue for Somero Enterprises is $114M.

  • What is Somero Enterprises’s annual earnings per share (EPS)?

    Somero Enterprises’s EPS for 12 months was $0.43.

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