John Leonard, CFA
Special situations, micro-cap, contrarian, CFA

Sierra Monitor Is Undervalued With A Bullish Growth Outlook, Increasing FCF And A Strong Balance Sheet

Company overview

Sierra Monitor Corp. (OTCQB:SRMC) sells electronic safety and environmental instrumentation through two product categories. Its gas detection devices (52% of LTM revenue) are used to detect hazardous gases/flames and oxygen deficiencies.

FieldServers (48% of LTM revenue) combine proprietary hardware and software that link disparate machines and devices, which enables remote monitoring and control of building, plant and factory systems.

Building automation: A less well-known beneficiary of the "Internet of Things" trend

The preoccupation with the impact of the Internet of Things on the consumer side (thermostats, wearables) almost implies a shorter growth runway for commercial and industrial applications, despite evidence to the contrary. Gartner projects the number of connected devices to increase almost 30-fold to 26...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details