Added to YB: 2024-10-31
Pitch date: 2024-10-29
5253.T [bullish]
COVER Corporation
-15.36%
current return
Author Info
No bio for this author
Company Info
COVER Corporation engages in the virtual platform, VTuber production, and media mix businesses. The company provides VTuber Production, an agency that produces VTubers; Media Mix offers intellectual property for VTubers through planning and development of merchandise, licenses/tie-ins, comics, animation, and other activities; and Metaverse develops Holoearth, focusing on sandbox games that allow users to act freely in a virtual space.
Market Cap
JPY 174.8B
Pitch Price
JPY 1.8K
Price Target
N/A
Dividend
N/A
EV/EBITDA
19.67
P/E
33.71
EV/Sales
4.12
Sector
Entertainment
Category
growth
Plug-in idols - COVER Corporation
5253.T: Leading VTuber agency w/ 47.5% rev growth, 65% EPS growth. Dominates YouTube streams (37.7M hrs/mo). Strong content & music, weak merch. Investing heavily in tech/expansion. 18% op margin vs competitor's 30%. High growth potential but costly internal ops. Watch costs/monetization.
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