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Added to YB: 2024-04-04

Pitch date: 2024-04-04

2652.T [bullish]

Mandarake Inc.

-34.35%

current return

Author Info

No bio for this author

Company Info

Mandarake Inc. operates and manages old books and antique stores in Japan. It provides newest to vintage items, including, toys, dolls, games, subcultures, art books, doujinshi, etc.

Market Cap

JPY 17.0B

Pitch Price

JPY 508.77

Price Target

N/A

Dividend

N/A

EV/EBITDA

N/A

P/E

62.94

EV/Sales

N/A

Sector

Specialty Retail

Category

growth

Show full summary:
Mandarake (2652.T): Profiting from the manga collectibles explosion

Mandarake (2652.T): 2nd-hand manga/anime retailer. Sales +33% & profits +350% in years; 15% Q sales growth & 26% Q profit growth. 14 stores + international sales. Leveraged 2x for inventory; debt down from 7x. Stock +400% but 14x P/E. Tailwinds: growing collectibles mkt & foreign buyers.

Read full article (6 min)