Added to YB: 2024-06-12
Pitch date: 2024-06-11
4256.T [bullish]
CYND Co., Ltd.
+93.33%
current return
Author Info
No bio for this author
Company Info
CYND Co., Ltd. engages in the provision of reservation management systems in Japan. It offers Beauty Merit, a centralized management and DX support for hairdressing stores.
Market Cap
JPY 5.5B
Pitch Price
JPY 660.00
Price Target
4.3K (+233%)
Dividend
N/A
EV/EBITDA
5.97
P/E
63.70
EV/Sales
2.18
Sector
Software
Category
growth
CYND co. - $4256.T
4256.T CYND: Monopoly beauty salon reservation SaaS in Japan. Acquired only competitor. 90% recurring rev, 76% insider owned. Expects 3.6x organic rev growth in 10yrs via ARPU & customer growth. 24% 10yr IRR, 8.7x MOIC at 13.5x EBITDA exit. Mispriced on misunderstood acquisition & slowing growth. Upside from margin expansion to peer 50% level.
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