Professional
Added to YB: 2024-05-02
Pitch date: 2024-05-01
3836.T [bullish]
Avant Group Corporation
+45.18%
current return
Author Info
Hurdle Rate is an Australian Unit Trust run by a CPA who shares global stock pitches on their website. Sign up for the newsletter.
Company Info
Avant Group Corporation, through its subsidiaries, provides accounting, business intelligence, and outsourcing services.
Market Cap
N/A
Pitch Price
JPY 1.2K
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
IT Services
Category
growth
Hurdle Rate Unit Trust Portfolio Holding: Avant Group Corporation
Avant Group (3836.T): Leading Japanese corporate value enhancement software firm. Diva accounting system has 43% market share, aiming for 70% by 2028. Avant and Zeal optimize KPIs, ROIC, and integrate non-financial data. 18.1% EPS CAGR since 2007 IPO, 18.5% avg ROE. Seeks to 2-3x revenue & net income by 2028 with 20%+ ROE. 35% insider ownership. Trades at 16x EV/NOPAT with ¥7.3bn cash (17% of market cap) for M&A.
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