Added to YB: 2024-05-17
Pitch date: 2024-05-17
9066.T [bullish]
Nissin Corporation
+87.62%
current return
Author Info
Altay Capital is a newsletter about value investing! Mostly focus on smaller cap value net-nets in Japan. Sign up for the newsletter.
Company Info
Nissin Corporation provides logistics services in Japan, Europe, the Americas, China, Russia, rest of Asia, and internationally.
Market Cap
JPY 64.7B
Pitch Price
JPY 4.3K
Price Target
6.0K (-26%)
Dividend
N/A
EV/EBITDA
5.45
P/E
5.93
EV/Sales
0.48
Sector
Transportation Infrastructure
Category
value
Nissin Corp (9066) - A Dirt Cheap $400m JP Logistics Company That Bought Back 24% Of Shares Trading at 6x EPS, 5%+ Dividend, and 0.7x Book
Nissin Corp (9066.T) surged 39% after buying back 24% of shares at 0.6x book & doubling div to 4-5.6% yield. Now trades at just 0.7x book (¥6,008/sh), 6x EPS (¥701), taking shareholder returns seriously. Likely owns undervalued real estate. Consistently profitable since 1985.
Read full article (3 min)