Added to YB: 2026-09-16
Pitch date: 2026-09-14
3020.T [bullish]
Applied Co.,Ltd.
Author Info
No bio for this author
Company Info
Applied Co.,Ltd. sells computers, peripherals, and digital products in Japan, Asia, and the United States.
Market Cap
JPY 12.6B
Pitch Price
N/A
Price Target
12.0K (+157%)
Dividend
N/A
EV/EBITDA
1.67
P/E
5.46
EV/Sales
0.13
Sector
Specialty Retail
Category
value
The Monday Morning Briefing: Applied Co.,Ltd. - $3020.T
3020.T: Applied is a cash-rich Japanese PC retailer and systems integrator whose net cash and securities cover roughly half its ¥12B market cap, leaving the operations at ~1.5x EV/EBIT and ~5.5x forecast earnings. Bundled services and lean SG&A helped produce 17.6% FY26 ROE. Shareholder Altay Capital points to Bain’s ~7x-EBITDA take-private of MCJ; applying that multiple implies ~¥12,000 per share, or 2.6x the current price. The founder’s family controls 52%, ruling out activism but keeping a buyout in play; daily volume is under $50,000.
Read full article (1 min)