Added to YB: 2026-02-18
Pitch date: 2026-02-15
7734.T [bullish]
Riken Keiki Co., Ltd.
+4.91%
current return
Author Info
The Financial Pen is a finance industry veteran hunting mispriced quality. They investigate misunderstood opportunities, spotlight overlooked bets, and deploy capital across U.S. and pan-Asian markets. Sign up for the newsletter.
Company Info
Riken Keiki Co., Ltd. engages in research, development, manufacturing, sales and after-sales maintenance of industrial gas detection and alarm equipment and analyzers in Japan and internationally.
Market Cap
N/A
Pitch Price
JPY 3.3K
Price Target
5.0K (+46%)
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Electronic Equipment, Instruments and Components
Category
value
Riken Keiki: Trojan Horse of the Fabs
7734.T: Japanese gas detection leader w/ 70% mkt share in semicon, ~40% recurring maintenance rev from 220K+ unit installed base. Trades 18x P/E despite 50% gross margin, 20%+ op margin, net cash BS. Design-in w/ Tokyo Electron creates switching costs. Stress test: even w/ 100% Asia rev loss, still valued in-line w/ safety peers at 12x P/E. ROE target >10%, ¥12B profit. Upside to ¥5K/share at 15x EV/EBITDA
Read full article (16 min)