Added to YB: 2026-03-19
Pitch date: 2026-03-17
1897.T [bullish]
The Kaneshita Construction Co.,Ltd.
Author Info
Mr Deep-Value spends their days searching for absurdly cheap stocks and hidden value. They write about their best ideas. Sign up for the newsletter.
Company Info
The Kaneshita Construction Co.,Ltd. provides design, planning, survey, supervision, investigation, and construction civil engineering and architectural works in Japan.
Market Cap
JPY 7.1B
Pitch Price
N/A
Price Target
9.2K
Dividend
N/A
EV/EBITDA
-11.30
P/E
29.99
EV/Sales
-0.24
Sector
Construction and Engineering
Category
value
A Japanese Net-Net With a Negative EV - The Kaneshita Construction Co.,Ltd.
1897.T: Japanese construction firm at 0.4x NCAV, 0.38x TBV, -¥11.5B EV vs ¥6.6B mcap. ¥9.9B cash + ¥8.69B securities covers mcap twice over. Op biz struggles w/ labor shortage & mgmt incompetence (opened sushi restaurant), but 9% 5yr FCF yield shows not dying. Zero debt, 82% equity ratio. PT ¥9,237 (asset value) vs ¥3,280 current. Classic net-net: buy for downside protection, sell on any op improvement or activism.
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