Professional
Added to YB: 2026-03-12
Pitch date: 2026-01-14
EBCOY [bullish]
Ebara Corporation
+12.6%
current return
Author Info
No bio for this author
Company Info
Ebara Corporation manufactures and sells pumps, compressors, turbines, and chillers in Europe, the Middle East, Africa, Asia, Japan, Oceania, North America, and Central and South America.
Market Cap
JPY 2.2T
Pitch Price
JPY 4.5K
Price Target
N/A
Dividend
1.37%
EV/EBITDA
15.19
P/E
29.05
EV/Sales
2.37
Sector
Machinery
Category
value
13D Activist Fund New Position: Ebara Corporation
EBCOY (new position): Japanese semi-cap equipment powerhouse in metal CMP w/ Applied Materials duopoly, but valued at 20x P/E vs 30x peers. Third Point activist campaign targets 3 levers: 1) margin expansion (18% Precision vs 25-45% peers, 8% Fluid vs 15-20%), 2) capital returns (30% FCF payout vs 75-100% peers), 3) governance (all-Japanese board needs Western semi expertise). AI demand driving metal CMP intensity; major upside as market re-rates from industrial to semi story.
Read full article (3 min)