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LACROIX: The 5x PE Smart Infrastructure Pivot
LACR.PA trades at 5x P/E after massive strategic restructuring — valuation deep dive
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In this deep dive, we break down LACROIX Group SA (LACR.PA) and its massive strategic transition from high-volume, low-margin contract electronics toward high-profit industrial IoT smart water and energy infrastructure. With shares trading below book value at a steep 0.9x P/B and a 4.9x forward P/E, the key…
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