Added to YB: 2025-03-25
Pitch date: 2025-03-22
5819.T [bullish]
Canare Electric Co., Ltd.
+23.61%
current return
Author Info
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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 13.1B
Pitch Price
JPY 1.5K
Price Target
2.8K (+48%)
Dividend
N/A
EV/EBITDA
2.27
P/E
10.88
EV/Sales
0.33
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)