Added to YB: 2024-05-14
Pitch date: 2024-05-12
5288.T [bullish]
Asia Pile Holdings Corporation
+58.13%
current return
Author Info
No bio for this author
Company Info
Asia Pile Holdings Corporation, through its subsidiaries, engages in the foundation construction business in Japan and Vietnam.
Market Cap
JPY 37.5B
Pitch Price
JPY 913.79
Price Target
1.1K (-23%)
Dividend
N/A
EV/EBITDA
3.71
P/E
9.82
EV/Sales
0.38
Sector
Construction Materials
Category
growth
Asia Pile Holdings: Balancing Risk and Reward in the Construction Industry
5288.T: Concrete pile specialist w/ rising margins amid mkt slowdown due to proprietary Smart-MAGNUM method. 44.9% 3yr OPM CAGR vs 5.7% rev. Catalysts: Smart-MAGNUM adoption, recovery in logistics/semi/urban devt, Vietnam & Myanmar. Risks: soft demand overseas (15.8% rev), rising costs. 0.75x PB, 8.7x PE, 5% DY. Potential re-rating to 1x PB = 25% upside, downside shielded by yield & cheap val. Bullish on Smart-MAGNUM's global prospects.
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