Report

Pointer Telocation - Driven by technology

Pointer Telocation (PNTR) has, to a significant extent, transformed itself into a proprietary technology company over the last 18 months, resulting in major contract wins in driver behaviour systems (DBS), connected car (CC) and sensor-based IoT monitoring systems. The group’s ability to cross-sell new services to its extensive customer base as well as enter new markets and geographies, combined with high operating leverage, gives it above-average earnings growth potential. We now value PNTR at parity with the telematics sector, giving rise to a 6% increase in valuation to $20.8 (NIS71.8) per share.
Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Anna Bossong

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