Added to YB: 2024-08-26
Pitch date: 2024-08-23
4689.T [bullish]
LY Corporation
+40.19%
current return
Author Info
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Company Info
LY Corporation engages in the online advertising and e-commerce businesses in Japan. The company provides LINE, a communication app; and Yahoo! JAPAN, an internet service that offers search, news, weather, shopping, auction, and other services.
Market Cap
JPY 3.7T
Pitch Price
JPY 372.78
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.28
P/E
32.91
EV/Sales
2.45
Sector
Interactive Media and Services
Category
growth
Ly Corporation update
4689.T: Japanese tech conglomerate w/ online ads, e-commerce & PayPay. Q1 rev +7.6%, EBITDA +21.7%. Media 39% margins, e-comm slow growth. PayPay profitable, moderate user growth. 6.4% share buyback planned. 19x PE, consensus EBIT growth 22%/8%/11% 2025-27. Undervalued w/ growth prospects, but cheaper small caps exist.
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