Added to YB: 2024-03-11
Pitch date: 2024-03-11
6736.T [bullish]
Sun Corporation
+189.56%
current return
Author Info
Clark Square Capital is a former equity analyst and now a full-time investor managing their own capital. Sign up for their newsletter
Company Info
Sun Corporation engages in the mobile data solutions, entertainment, information technology, and other businesses in Japan.
Market Cap
JPY 150.3B
Pitch Price
JPY 3.1K
Price Target
N/A
Dividend
N/A
EV/EBITDA
-212.34
P/E
11.76
EV/Sales
14.15
Sector
Technology Hardware, Storage and Peripherals
Category
N/A
Sun Corporation ($6736.T)
Sun Corp: 47% stake in Cellebrite (CLBT) worth $1.1B + $82M cash. Trading at 42% of NAV. CLBT: leading digital forensics SaaS, $325M rev (+20% YoY), 19% EBITDA margin. 5x '24 ARR. Oasis activist pushing for value realization. Upside: CLBT distribution/sale, CLBT growth. Worst case 70% upside. Risks: tax implications, execution. Current ¥3,245, NAV ¥7,800.
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