| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | n/a | n/a |
| Intrinsic value (DCF) | n/a | |
| Graham-Dodd Method | n/a | |
| Graham Formula | 7.15 | 179 |
2CRSI S.A. is a French technology company specializing in the design and manufacture of high-performance servers and computer solutions. Founded in 2005 and headquartered in Strasbourg, France, 2CRSI serves a diverse range of markets, including cloud computing, datacenters, enterprise IT, big data, high-performance computing (HPC), artificial intelligence (AI), 5G, IoT, and rugged PCs. The company also offers embedded and edge computing solutions, fanless workstations, and IT consultancy services. Operating in the competitive computer hardware sector, 2CRSI differentiates itself through innovation and tailored IT solutions for demanding environments. With a focus on energy-efficient and scalable hardware, the company caters to businesses requiring robust computing power for AI, data analytics, and edge applications. Despite challenges in profitability, 2CRSI remains a niche player in Europe's growing IT infrastructure market.
2CRSI presents a high-risk, high-reward investment opportunity in the specialized computer hardware sector. The company operates in growth areas like AI, edge computing, and datacenter solutions, but its financials show recent struggles, including negative net income (-€4.89M) and operating cash flow (-€2.2M). With a beta of 1.63, the stock is highly volatile, reflecting sensitivity to market conditions. The lack of dividends and thin cash reserves (€1.1M) against total debt (€10.4M) raise liquidity concerns. However, its niche positioning in energy-efficient and rugged computing solutions could appeal to investors bullish on European tech infrastructure demand. Investors should weigh its innovation potential against financial instability.
2CRSI competes in the high-performance computing and server market, where it faces stiff competition from larger global players. Its competitive advantage lies in customization, energy efficiency, and ruggedized solutions tailored for edge computing and AI workloads. Unlike mass-market server manufacturers, 2CRSI focuses on specialized use cases, such as military-grade rugged PCs and compact, high-density servers for datacenters. However, its small scale limits R&D spending compared to giants like Hewlett Packard Enterprise or Dell. The company’s French and European presence provides regional supply chain advantages but restricts global reach. Financial instability further weakens its ability to invest in next-gen technologies like AI accelerators at the same pace as deep-pocketed rivals. While 2CRSI’s agility allows rapid adaptation to niche demands, its long-term viability depends on improving profitability and scaling operations.