Added to YB: 2024-08-27
Pitch date: 2024-08-24
3321.T [bullish]
Mitachi Co., Ltd.
+88.03%
current return
Author Info
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Company Info
Mitachi Co., Ltd. provides and sells semiconductors, electronic components, and electronics manufacturing services in Japan and internationally.
Market Cap
JPY 16.1B
Pitch Price
JPY 1.0K
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.89
P/E
7.41
EV/Sales
0.22
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.
Read full article (8 min)