Added to YB: 2025-02-24
Pitch date: 2025-02-20
5962.T [bullish]
Asaka Industrial Co., Ltd.
+44.57%
current return
Author Info
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Company Info
Asaka Industrial Co., Ltd., together with its subsidiaries, manufactures and sells shovels and scoops in Japan.
Market Cap
JPY 1.9B
Pitch Price
JPY 1.5K
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.51
P/E
4.27
EV/Sales
0.18
Sector
Household Durables
Category
value
Asaka Industrial (TYO 5962): A 350-Year-Old Profitable Nanocap Net-Net Trading at 0.4x P/B, 7x P/E, with Real Estate Worth 260x its Carrying Value
5962.T: 130-year-old Japanese shovel maker at 0.43x NCAV+Investments. 6.8x P/E, 3% div. #1 in Japan-made shovels. Tiny ¥1.5B mcap, low liquidity. Land assets likely undervalued. No growth but profitable. Family owns 8.61%. Owns 'Zojirushi' trademark for shovels. Small position in cheap Japanese basket.
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