Added to YB: 2024-07-08
Pitch date: 2024-07-05
3679.T [bullish]
ZIGExN Co., Ltd.
-18.99%
current return
Author Info
Compound & Fire shares at least one company deep dive every month. Sign up for the newsletter.
Company Info
ZIGExN Co., Ltd. operates the life service platform worldwide. It operates rejob, a job-transfer/job offering information service site for beauty and healthcare; rejob care, a job offering information service site for nursing care, and nursing and rehabilitation industries; miraxs, a job recruitment and consulting service site for nursing care; miraxs-sitter, a babysitter referral service site; mirax childcare, a recruitment and consulting service in childcare jobs; mirax-houiku, job offering service in nursery nurse; and Kensetsu-JOBs, a recruitment business site.
Market Cap
JPY 46.8B
Pitch Price
JPY 570.28
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.56
P/E
12.38
EV/Sales
1.61
Sector
Interactive Media and Services
Category
growth
ZIGExN: High Quality At A Crazy Discount
ZIGExN: Japanese serial acquirer (28 cos) w/ $390M mcap. Niche online platforms, matching tech. 3 segments: HR (10B+ rev 2026), Living Tech, Life Service. CEO Hirao owns 48.3%. Strong financials: 28% 10yr rev CAGR, 83% GM, 16% NM. FCF/NI >1. Effective M&A strategy. Undervalued: 150% upside (DCF), 14x fwd P/E vs 19-53x pre-COVID. Risks: competition, tech changes, data security.
Read full article (7 min)