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Added to YB: 2024-06-14

Pitch date: 2024-04-04

9824.T [bullish]

Senshu Electric Co.,Ltd.

+16.31%

current return

Author Info

No bio for this author

Company Info

Senshu Electric Co.,Ltd. trades in various cables, wires, and materials related to electrical construction work in Japan.

Market Cap

JPY 90.1B

Pitch Price

JPY 4.7K

Price Target

N/A

Dividend

2.53%

EV/EBITDA

6.39

P/E

13.77

EV/Sales

0.48

Sector

Trading Companies and Distributors

Category

value

Show full summary:
Palm Harbour Capital Portfolio Holding: Senshu Electric Co.,Ltd.

Senshu Electric 9824.T: Japanese cable distributor, +47% (+91bps) in Q. Cash ~28% of MCap despite strong ops. Copper price (+12% LCY, +4% USD) drove sales & margin gains. Upside from balance sheet efficiency improvements to unlock value. High cash offers downside protection.

Read full article (1 min)