Added to YB: 2024-01-22
Pitch date: 2024-01-20
4397.T [bullish]
TeamSpirit Inc.
Author Info
Clark Square Capital is a former equity analyst and now a full-time investor managing their own capital. Sign up for their newsletter
Company Info
TeamSpirit Inc. engages in the SaaS business in Japan. It offers various solutions, such as attendance management, man-hour management, expense reimbursement, enterprise, and talent management through its cloud service, TeamSpirit.
Market Cap
JPY 6.4B
Pitch Price
N/A
Price Target
860.00
Dividend
N/A
EV/EBITDA
7.79
P/E
15.66
EV/Sales
0.60
Sector
Software
Category
value
Three-minute pitch #9
4397.T: Japanese HCM SaaS at 1x ARR ($23M ARR, 90% recurring, 80% GM, ~99% NDR). $42M mcap, 40% net cash. ARR inflecting on enterprise strength (licenses +22%, enterprise +39% YoY), profitability returning (past 15% op margins). Ex-Oracle/Salesforce CEO. PT ¥860-1,200 (2-3x ARR) vs ¥381, ~30% downside. Long.
Read full article (4 min)