Added to YB: 2025-07-21
Pitch date: 2025-07-18
8135.T [neutral]
Zett Corporation
+2.1%
current return
Author Info
No bio for this author
Company Info
Zett Corporation engages in the manufacture and wholesale of sports equipment in Japan. The company offers baseballs, basketball wear, gloves, bats, and other apparel products.
Market Cap
JPY 8.4B
Pitch Price
JPY 428.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
-0.52
P/E
2.81
EV/Sales
-0.01
Sector
Distributors
Category
value
Zett Corporation: Deep Value on Paper, But Capital Allocation Holds It Back
8135.T (watchlist): Sports equipment maker at $56M mkt cap, trades <0.6x book, <3x earnings with 160% mkt cap in cash. Consistent profits, raised dividend 2x (40% payout), but poor capital allocation - reinvested 2/3 of Descente shares sale into other securities, no buybacks despite cash pile. Anti-takeover provisions being renewed.
Read full article (1 min)