Added to YB: 2026-09-09
Pitch date: 2026-09-06
3020.T [bullish]
Applied Co.,Ltd.
+2.56%
current return
Author Info
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Company Info
Applied Co.,Ltd. sells computers, peripherals, and digital products in Japan, Asia, and the United States.
Market Cap
JPY 11.8B
Pitch Price
JPY 4.5K
Price Target
12.0K (+160%)
Dividend
N/A
EV/EBITDA
1.44
P/E
5.09
EV/Sales
0.11
Sector
Specialty Retail
Category
value
Applied Co. (TYO 3020): A Cash-Rich Japanese PC/HPC Company at ~1.5x EV/EBIT With Growing AI Exposure
3020.T (added to position): Applied position was increased after roughly doubling because the company still trades at 5.5x forecast earnings and about 1.5x EV/EBIT despite 17.6% ROE and growing AI/HPC exposure. Q1 operating profit rose 14% year over year versus guidance for a 5.3% FY27 decline, while MCJ’s 7x EBITDA takeout implies roughly ¥12,000 per share. Extreme illiquidity, 52% family control and the loss-making lifestyle business remain drawbacks.
Read full article (6 min)