Professional
Added to YB: 2024-07-30
Pitch date: 2024-06-30
8283.T [bullish]
Paltac Corporation
+11.92%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Paltac Corporation engages in the wholesale of cosmetics, daily necessities, and over-the-counter drugs in Japan.
Market Cap
JPY 280.2B
Pitch Price
JPY 4.3K
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
23.32
EV/Sales
N/A
Sector
Distributors
Category
value
Show full summary:
Third Avenue Value Fund New Position: Paltac Corporation
8283.T: Japan's top health/beauty distributor. Growing market share, best-in-class tech, no debt, 20% mkt cap in cash. Steady revenue/earnings growth but valuation down 50% in 5yrs. Improving shareholder returns: 15 yrs dividend hikes, new buybacks. Potential MediPal takeover. Low-cost, high-margin ops. Trades cheap despite strong fundamentals.
Read full article (2 min)