Professional
Added to YB: 2025-10-29
Pitch date: 2025-09-30
6273.T [bullish]
SMC Corporation
+24.98%
current return
Author Info
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Company Info
SMC Corporation manufactures and sells automatic control equipment worldwide. It offers air management systems, directional control valves, air cylinders, rotatory actuators/air and magnet grippers, electric actuators/cylinders, vacuum equipment, air grippers for collaborative robots, compact compressor, air preparation equipment, modular FRL, pressure control equipment, booster regulators, lubrication equipment, gas generator, fittings and tubing, flow control equipment speed controllers, silencers/exhaust cleaners/pressure gauges, air blowing equipment, switches/sensors/controllers, static neutralization equipment ionizers, industrial device communication equipment/wireless system, process valves chemical valves/fittings & tubing/needle valves, process pumps/diaphragm, temperature control equipment, process gas equipment AP tech, high vacuum equipment, industrial filters sintered metal elements, pneumatic instrumentation equipment, hydraulic equipment, and specialized products for general use.
Market Cap
JPY 3.3T
Pitch Price
JPY 45.5K
Price Target
N/A
Dividend
1.93%
EV/EBITDA
11.75
P/E
23.23
EV/Sales
3.25
Sector
Machinery
Category
value
Brandes International Equity Fund New Position: SMC Corporation
6273.T (new position): World's largest pneumatic components maker (40% share) down 50% from peak on margin compression. Strong balance sheet (25%+ net cash/mcap), defended China market share vs Airtac. Capacity expansion pressuring margins but positions for ¥1T sales by 2026. Compelling value in quality industrial franchise.
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