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Added to YB: 2024-06-11

Pitch date: 2024-06-11

1934.T [bullish]

Yurtec Corporation

+87.96%

current return

Author Info

JapaneseIPO writes about unknown but growing Japanese small cap stocks. Sign up for the newsletter.

Company Info

Yurtec Corporation operates as a facility engineering company in Japan and internationally. It undertakes construction, maintenance, and repair works of electric power equipment; electric, air conditioning, water supply and drainage, and information communication equipment works at various facilities; and civil engineering, construction, and renovation works.

Market Cap

JPY 108.5B

Pitch Price

JPY 1.5K

Price Target

N/A

Dividend

3.04%

EV/EBITDA

4.58

P/E

14.44

EV/Sales

0.29

Sector

Construction and Engineering

Category

growth

Show full summary:
Yurtec (1934.T)

Yurtec 1934.T: Construction co specializing in power facilities in Tohoku set to gain from chip factory builds & Japan's 2050 carbon neutral push via offshore wind. Despite rally, still cheap at ¥116B mkt cap, 13.3 P/E, 0.76 P/B. Digitization to boost margins. Rumors of Taiwan semi mfr picking Tohoku next big catalyst.

Read full article (2 min)