Added to YB: 2026-06-02
Pitch date: 2026-05-29
6466.T [bullish]
TVE Co., Ltd.
Author Info
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Company Info
TVE Co., Ltd. engages in the manufacture, sale, and maintenance of industrial valves, electrical equipment, reconstruction, and other decommissioning equipment in Japan.
Market Cap
JPY 9.0B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.76
P/E
8.79
EV/Sales
0.54
Sector
Machinery
Category
value
TVE Co., Ltd. - $6466.T
6466.T: Sole qualified supplier of safety valves to Japan's PWR fleet; 20yr+ moat. Japan nuclear reversal (27-30 reactors by 2040 vs 15) drives recurring high-margin O&M. Net cash 61% of mkt cap, op biz ~2x EV/EBIT. Order book nearly doubled, H1 EBIT already beat FY guide—3Q revision unavoidable. Free MHI/US PWR export option via 21.5% holder Seika. ¥700-800mm EBIT floor proven post-Fukushima.
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