Added to YB: 2025-03-25
Pitch date: 2025-03-22
5819.T [bullish]
Canare Electric Co., Ltd.
+20.26%
current return
Author Info
Demystified Value is a value investing blog focused on smaller investment ideas, investing concepts and anything else value investing. Sign up for the newsletter.
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 1.5K
Price Target
2.8K (+58%)
Dividend
N/A
EV/EBITDA
1.97
P/E
11.11
EV/Sales
0.25
Sector
Electrical Equipment
Category
value
Canare Co. Ltd. (TYO 5819): A Graham & Dodd Bargain Trading at Near Net Cash
5819.T: Stable cable supplier for broadcasting/audio at 0.71x NCAV, 1.07x net cash. 20yr profitable history, 10% RONTA potential. Mgmt recognizes discount, aims for 9% ROE. Risks: commodity pressure, poor cash deployment. Target ¥2779 (+81%). Rare profitable net-net opportunity.
Read full article (7 min)