Professional
Added to YB: 2025-09-08
Pitch date: 2025-06-30
5233.T [neutral]
Taiheiyo Cement Corporation
+9.48%
current return
Author Info
No bio for this author
Company Info
Taiheiyo Cement Corporation engages in the cement, mineral resources, environmental, construction materials, and other businesses in Japan and internationally.
Market Cap
JPY 453.4B
Pitch Price
JPY 3.5K
Price Target
N/A
Dividend
2.46%
EV/EBITDA
N/A
P/E
9.08
EV/Sales
0.91
Sector
Construction Materials
Category
special_situation
Third Avenue Value Fund Portfolio Holding: Taiheiyo Cement Corporation
5233.T (holding update): Japanese cement co w/ large U.S. operations trading at 5.6x EBITDA vs 10x+ for U.S. peers. Net debt 2.4x EBITDA but strong w/ liquid investments. Potential value unlock through spin-off/U.S. relisting of cement assets, similar to recent industry trend capturing valuation arbitrage.
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