Added to YB: 2024-08-27
Pitch date: 2024-08-24
3321.T [bullish]
Mitachi Co., Ltd.
+79.59%
current return
Author Info
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Company Info
Mitachi Co., Ltd. operates as electronics trading company in Japan and internationally. The company engages in the sale of semiconductors, LCDs, etc.
Market Cap
JPY 14.2B
Pitch Price
JPY 1.0K
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.13
P/E
6.98
EV/Sales
0.17
Sector
Electronic Equipment, Instruments and Components
Category
value
Japanese net-net trading at 7x PE with positive earnings outlook - Mitachi Co., Ltd.
3321.T: Japanese electronics trader at 0.11x sales, 4.9x op. earnings. ¥12.4B NCAV vs ¥8.74B market cap. 4.56% div yield. 20.7% 3yr CAGR op. income forecast. DENSO deal doubles sales. Risks: customer concentration, low margins, new debt. Upside: automotive semis growth, improved ROE.
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