Added to YB: 2025-02-06
Pitch date: 2025-02-04
5819.T [bullish]
Canare Electric Co., Ltd.
+2.88%
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. develops, manufactures, and sells audio and video cables, connectors, patchbays, and fiber-optic products in Japan and internationally.
Market Cap
JPY 9.9B
Pitch Price
JPY 1.5K
Price Target
2.2K (+47%)
Dividend
N/A
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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