Added to YB: 2025-04-10
Pitch date: 2025-04-07
5033.T [bullish]
Nulab Inc.
+47.47%
current return
Author Info
No bio for this author
Company Info
Nulab Inc. develops solution that promotes team collaboration. The company offers Backlog, a project and task management tool; Nulab Pass, a tool which strengthens your organization information security governance; Cacoo, a visual collaboration tool for organizing project ideas, website layouts, and work through online; and Nulab Flowbase, a workflow automation tool for teams.
Market Cap
JPY 8.0B
Pitch Price
JPY 849.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.24
P/E
49.31
EV/Sales
1.05
Sector
Software
Category
growth
Nulab: Collaboration software trading at a discount — But Can It Scale?
5033.T: Japanese SaaS co. w/ 22% ARR CAGR to ¥4.1B in 2024. Backlog (project mgmt) 90% sales. Cacoo (diagramming) & Nulab Pass (security) driving growth. 0.71x EV/ARR, 17% FCF yield. Risks: single product dependence, slow growth. Base case: 12% ARR CAGR to 2027, 27.3% investor CAGR over 3yrs.
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