Added to YB: 2026-08-12
Pitch date: 2026-08-10
4299.T [neutral]
HIMACS, Ltd.
Author Info
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Company Info
HIMACS, Ltd. provides defined valued processes for various system lifecycles in Japan. The company offers system solution services, including consulting on system planning, as well as design, development, testing, and implementation, and internet infrastructure related technologies.
Market Cap
JPY 12.5B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.33
P/E
11.81
EV/Sales
0.20
Sector
IT Services
Category
value
Monday Delight: 10/08/2026 - HIMACS, Ltd.
4299.T (quick overview): Yokohama SIer for financials, 36% rev from Nomura Research Institute. Deep-value EV/EBIT is net-cash artifact (cash ~70% of mkt cap); equity ordinary at 12x P/E, 1.2x book, 10-13% ROE. Inflection signals: first buyback (10.5% cancelled), new president, first M&A. But new plan guides margin down before up. Revisit near ~JPY1,010 NAV.
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