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Added to YB: 2024-12-06

Pitch date: 2024-12-04

2413.T [bullish]

M3, Inc.

+38.08%

current return

Author Info

Sweet Stocks is a former portfolio manager at an international small cap fund who shares pitches for international equities. Sign up for his blog.

Company Info

M3, Inc. provides medical-related services primarily to physicians and other healthcare professionals through Internet.

Market Cap

JPY 1.0T

Pitch Price

JPY 1.5K

Price Target

N/A

Dividend

N/A

EV/EBITDA

12.72

P/E

25.97

EV/Sales

3.66

Sector

Health Care Technology

Category

growth

Show full summary:
M3 – digital healthcare serial acquirer at 4.4% trailing FCF yield

2413.T: M3, Sony-affiliated digital healthcare platform. Core Japan pharma marketing biz (50% margin) funds global roll-up. Down 86% from peak, now 20x P/E, 4.4% FCF yield. Risks: 73 business units, post-COVID revenue decline. Catalysts: marketing support growth recovery, M&A upside. 20% IRR potential over 3-4 years.

Read full article (11 min)