Added to YB: 2025-03-31
Pitch date: 2025-03-27
9355.T [neutral]
Rinko Corporation
+9.61%
current return
Author Info
Company Info
Rinko Corporation provides harbor transportation services in Japan and internationally. The company engages in port transportation comprising port cargo handling, conventional vessel cargo handling, and ship agency, as well as insurance agency; freight forwarding; warehousing, custom clearance, air cargo handling, and real estate businesses; and international logistics, including customs clearance, international maritime, and collection and delivery, packaging, labeling, and storage.
Market Cap
JPY 4.6B
Pitch Price
JPY 1.7K
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.43
P/E
8.66
EV/Sales
1.01
Sector
Transportation Infrastructure
Category
value
Rinko Corporation (9355): Deep Value or a Classic Value Trap?
9355.T pass: Rinko Corp owns Japan's only private port. P/E 13, P/B 0.26, MCAP $32M. ¥20B port assets lose money, other segments profitable. Kawasaki Kisen Kaisha (25% owner) might buy. Cheap on assets, but lacks productivity. Better JP opportunities exist. Likely value trap despite profitable history.
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