Added to YB: 2026-09-22
Pitch date: 2026-09-21
9709.T [neutral]
NCS&A Co., Ltd.
Author Info
Contrarian Cashflows publishes a monthly deep dive on a new value stock. Sign up for the newsletter.
Company Info
NCS&A Co., Ltd. provides various IT services in Japan. It offers system design, software development, and package software customization services; and hardware maintenance services for computer equipment and system support services for corporate computer systems.
Market Cap
JPY 18.2B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.84
P/E
8.85
EV/Sales
0.26
Sector
Software
Category
value
Monday Delight: 21/09/2026 - NCS&A Co., Ltd.
9709.T (quick overview): NCS&A is an NEC-authorized IT reseller and systems integrator increasingly selling proprietary migration tools and platforms, a mix shift that lifted margins from 6.3% to 12.1% and helped drive a 345% five-year total return. At 8.8x earnings and a JPY 5.7B EV, the remaining question is whether its first-ever buyback, which used under 20% of net cash before expiring, is renewed and scaled.
Read full article (1 min)