Added to YB: 2024-12-09
Pitch date: 2024-12-06
5918.T [bullish]
The Takigami Steel Construction Co., Ltd.
+18.71%
current return
Author Info
Company Info
The Takigami Steel Construction Co., Ltd. designs, manufactures, and constructs bridges, steel frames, steel towers, and other steel structures primarily in Japan.
Market Cap
JPY 13.0B
Pitch Price
JPY 6.1K
Price Target
18.0K (+148%)
Dividend
N/A
EV/EBITDA
13.51
P/E
24.23
EV/Sales
0.37
Sector
Construction and Engineering
Category
value
Takigami Steel Construction (TYO 5918) - A Portfolio of Public Securities + Rental Real Estate Worth 3x Market Cap (With an Activist Investor)
5918.T: Undervalued at ¥6,050/share vs. ¥18,000 NCAV+Securities+Rental Properties. Marginally profitable core biz, 3x market cap in investments. #1 shareholder (17.4%) activist, #2 (11%) likely aligned. Illiquid, tied to Japanese equities. Recent 40% stake sale to Evergreen at ¥8,100/share puzzling. Overlooked by market.
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