Added to YB: 2024-11-21
Pitch date: 2024-11-19
8023.T [bullish]
DAIKO XTECH, Ltd.
+33.23%
current return
Author Info
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Company Info
DAIKO XTECH, Ltd., together with its subsidiaries, operates as a systems integrator in Japan. The company engages in system consultancy; sale and maintenance of computers, and network equipment, including digital PBX; development and maintenance of software; sale of computer-related products; system engineering; network construction, which involves the construction of communication equipment; and construction of office facilities.
Market Cap
JPY 12.8B
Pitch Price
JPY 771.60
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.18
P/E
8.44
EV/Sales
0.06
Sector
Electronic Equipment, Instruments and Components
Category
value
Japanese Net-Net Basket: Part 3 - Daiko Denshi Tsushin, Ltd.
8023.T: IT services provider trading at 7.5x fwd P/E, 1x P/TBV, 92% net cash/mkt cap. 4% div yield, 2% buyback yield. 75% revenue from Solutions Services, 25% ICT Devices. Secular growth in IT outsourcing demand. Margins up to 26% from 20% pre-COVID, sustainability uncertain. Management projects 24% op income decline.
Read full article (2 min)