Added to YB: 2024-11-21
Pitch date: 2024-11-19
8023.T [bullish]
Daiko Denshi Tsushin, Ltd.
+31.01%
current return
Author Info
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Company Info
Daiko Denshi Tsushin, Ltd. provides system integration solutions in Japan. It offers rBOM, a production management system for the manufacturing industry; PROCURESUITE, an indirect materials procurement support system; EdiGate/POST, a cloud-type WEB-EDI service; RetailFocus, an inventory management system for specialty stores; IOT/IOW; AppGuard, a security solution; i-Compass, a cloud-based information distribution solution; and D's Mobile, a mobile line service solution, as well as fishing cooperative economic systems.
Market Cap
JPY 10.8B
Pitch Price
JPY 784.66
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.11
P/E
7.08
EV/Sales
0.07
Sector
Electronic Equipment, Instruments and Components
Category
value
Japanese Net-Net Basket: Part 3 - Daiko Denshi Tsushin, Ltd.
8023.T: IT services provider trading at 7.5x fwd P/E, 1x P/TBV, 92% net cash/mkt cap. 4% div yield, 2% buyback yield. 75% revenue from Solutions Services, 25% ICT Devices. Secular growth in IT outsourcing demand. Margins up to 26% from 20% pre-COVID, sustainability uncertain. Management projects 24% op income decline.
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