Professional
Added to YB: 2026-01-12
Pitch date: 2026-01-02
3565.T [bullish]
Ascentech K.K.
-14.97%
current return
Author Info
Stone Sentinel Capital utilizes differentiated thinking and fundamental analysis in crafting a concentrated portfolio of global equities with very favorable risk-reward structures. Sign up for the newsletter.
Company Info
Ascentech K.K. engages virtual desktop business in Japan. The company offers virtual desktop infrastructure (VDI) software, VDI server, and VDI printing, as well as network, security, ThinClient, and infrastructure products.
Market Cap
JPY 18.0B
Pitch Price
JPY 530.43
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.69
P/E
11.84
EV/Sales
0.52
Sector
IT Services
Category
value
Stone Sentinel Capital new position: Ascentech K.K.
3565.T (new position): Japanese Citrix distributor turned exclusive operator (Mar 2025), shifting from 8-15% distributor margins to 25-35% revenue-share model. 19% ROE, 38% ROIC over decade. VDI demand driven by hybrid work in regulated sectors. Risk: upfront payments tied to sales projections. Up 70% but still 9.5x PBT, 13.5x PE.
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