Added to YB: 2024-05-14
Pitch date: 2024-05-12
5288.T [bullish]
Asia Pile Holdings Corporation
+70.1%
current return
Author Info
No bio for this author
Company Info
Asia Pile Holdings Corporation, through its subsidiaries, engages in the foundation construction business in Japan and Vietnam.
Market Cap
N/A
Pitch Price
JPY 980.00
Price Target
1.1K (-33%)
Dividend
N/A
EV/EBITDA
4.10
P/E
8.51
EV/Sales
0.51
Sector
Construction Materials
Category
growth
Asia Pile Holdings: Balancing Risk and Reward in the Construction Industry
5288.T: Concrete pile specialist w/ rising margins amid mkt slowdown due to proprietary Smart-MAGNUM method. 44.9% 3yr OPM CAGR vs 5.7% rev. Catalysts: Smart-MAGNUM adoption, recovery in logistics/semi/urban devt, Vietnam & Myanmar. Risks: soft demand overseas (15.8% rev), rising costs. 0.75x PB, 8.7x PE, 5% DY. Potential re-rating to 1x PB = 25% upside, downside shielded by yield & cheap val. Bullish on Smart-MAGNUM's global prospects.
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