Added to YB: 2023-12-15
Pitch date: 2023-12-13
7279.T [bullish]
Hi-Lex Corporation
+145.22%
current return
Author Info
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Company Info
Hi-Lex Corporation operates in automotive, industrial equipment, and medical equipment businesses in Japan and internationally.
Market Cap
JPY 58.5B
Pitch Price
JPY 1.2K
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.12
P/E
-28.76
EV/Sales
0.10
Sector
Automobile Components
Category
value
Show full summary:
Japanese electric cable manufacturer trading at 0.27x book value.
$7279.T: Deep value play, 0.27x BV, net cash & stock = mcap. Activism needed to fix capital allocation & boost ROE. Trades $4M/day now. Upside: reduce x-holdings, margins recovering. 30% family, 12% x-hold. Liq allows activists to build for '24 AGM fight.
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