Part 5/11:
The island hosts machine tool exporters serving Germany, industrial automation firms with healthy margins, and a growing array of software and fintech startups quietly scaling their operations. These companies tend to be high-margin, low-debt, and often pay generous dividends, trading at remarkably low multiples—around five to eight times earnings in some cases. To an investor, this is akin to walking into a luxury outlet where everything is 70% off, yet the market simply ignores it.