Added to YB: 2024-05-06
Pitch date: 2024-05-05
3969.T [bullish]
ATLED CORP.
-0.54%
current return
Author Info
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Company Info
ATLED CORP. engages in the development and sale of software solutions in Japan. It offers X-point Cloud, a cloud-based workflow system that digitizes paper and Excel application forms while maintaining their original appearance, streamlining application, approval, and decision-making processes.
Market Cap
JPY 10.3B
Pitch Price
JPY 1.4K
Price Target
1.8K (+29%)
Dividend
N/A
EV/EBITDA
3.05
P/E
13.98
EV/Sales
1.53
Sector
Software
Category
value
A SaaS company trading at 4.8x EBITDA and ready to re-accelerate...?
ATLED (3969.T): High-margin, low-churn SaaS biz at 6x EBIT. Potential re-acceleration as clients shift license to cloud. 40% cash/Mcap + parent co. provides optionality. Op margin 42%, ROIC 23%. Key risks: Low growth (9% 3yr CAGR), margin pressure. Upside 23%.
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