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Added to YB: 2025-02-25

Pitch date: 2025-02-19

FUJHY [bullish]

Subaru Corporation

+23.67%

current return

Author Info

Voss Capital is a hedge fund looking for value-oriented special situations. Sign up for the newsletter.

Company Info

Subaru Corporation manufactures and sells automobiles and aerospace products in Japan, rest of Asia, North America, Europe, Asia, and Internationally.

Market Cap

JPY 2.2T

Pitch Price

JPY 9.00

Price Target

14.50 (+30%)

Dividend

3.87%

EV/EBITDA

1.01

P/E

7.06

EV/Sales

0.13

Sector

Automobiles

Category

value

Show full summary:
Voss Capital Portfolio Holding: Subaru Corporation

FUJHY: Profitable Japanese auto OEM, 21% owned by Toyota. FCF+ since 2009. Trades at 1x EBITDA vs TSLA's 100x. Slow EV development now advantageous. Toyota JV for hybrids/EVs. Potential acquisition target. 40%+ earnings return policy. $10B net cash. 60% upside at 6x CY2026E earnings + cash.

Read full article (2 min)