<- Go home

Added to YB: 2026-02-23

Pitch date: 2026-02-18

4441.T [bullish]

Tobila Systems Inc.

+6.17%

current return

Author Info

Founder of Smoak Capital who shares analysis on stocks on Twitter and in his fund letter. Follow on Twitter.

Company Info

Tobila Systems Inc. develops and sells nuisance call filter products in Japan. The company offers spam call filter products for mobiles, landlines, and business phones.

Market Cap

JPY 13.1B

Pitch Price

JPY 1.3K

Price Target

3.6K (+160%)

Dividend

N/A

EV/EBITDA

8.66

P/E

21.25

EV/Sales

3.33

Sector

Software

Category

value

Show full summary:
Smoak Capital Portfolio new position: Tobila Systems Inc.

4441.T (new position): Fraud/spam call prevention co w/ hidden B2B growth engine. Solutions segment +60% YoY rev, TobilaPhone Biz extraordinary cash economics (entire 5yr license pd upfront, recognized ratably). Est LTV/CAC 6-7x+. Trading 4.5x EV/FCF vs SaaS peers 20x+. Kasuhara laws driving demand. 1/3 mkt cap in cash. Fwd target 10-12x FCF = 80-110% upside.

Read full article (5 min)