Added to YB: 2025-02-06
Pitch date: 2025-02-04
5819.T [bullish]
Canare Electric Co., Ltd.
+28.18%
current return
Author Info
Net-Net-Hunter Japan invests in Net-Net stocks. In this channel, I will share my stock analysis of Net-Net stock in Japan.
Company Info
Canare Electric Co., Ltd. manufactures and sells broadcasting and communication cables, harnesses, connectors, equipment, and related accessories in Japan, the United States, South Korea, China, Taiwan, Singapore, India, Europe, the Middle East, and internationally.
Market Cap
JPY 12.1B
Pitch Price
JPY 1.4K
Price Target
2.2K (+24%)
Dividend
N/A
EV/EBITDA
1.97
P/E
11.11
EV/Sales
0.25
Sector
Electrical Equipment
Category
value
Canare Electric (TYO: 5819)
5819.T: Niche audio/video equipment maker, stable financials. Net-net stock (PBR 0.6x, PER 10x), NCAV +50% upside. Negative EV, 77% current assets in cash/receivables. 4.1% dividend yield, 37% payout. Strong overseas growth, weak yen helps. Risks: copper prices. Awaiting catalysts (dividend hike, buybacks, MBO, TOB) while collecting 4% yield.
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