Topic
industrials
Everything our editor has picked under this tag, best first.
GTT.PA long 2026-04-29 france Gaztransport and Technigaz SA
Gaztransport and Technigaz, a €7 billion French company, leads ultra-low-temperature containment systems for storage and transport.
Value Investors Club APG long 2026-04-28 business-model Api Group CORP
APi Group’s mix of specialty contracting segments complicates a conventional contractor valuation.
Value Investors Club
data centers Two Near Net-Net Japanese Electrical Contractors at ~3.5x EV/EBIT with Industry Tailwinds
Japanese electrical contractors trade near net-net valuations at roughly 3.5x EV/EBIT, with data-center demand and Kodensha offering industry support.
Altay Capital - Mostly Value Investing
aerospace Nippon Carbon (TYO 5302): A 120 Year Old $350 Million Japanese Carbon Manufacturer Trading at 1x Book, Net Cash, and 4.2% Dividend with a Growing Aerospace Materials Division (JV with GE / Safran)
Nippon Carbon trades at 1x book with net cash and a 4.2% dividend while expanding aerospace materials through GE/Safran joint ventures.
Altay Capital - Mostly Value Investing
automotive Isamu Paint (TYO 4624) - A $43m Double Net Net Automotive Paint Co Trading at 12x P/E with 30 Years of Consistent Profitability
Isamu Paint trades at ¥3,515 versus ¥8,003 of NCAV plus investments, after 30 years with only one loss-making operating quarter.
Altay Capital - Mostly Value Investing
acquisitions Nippon Pigment (TYO 4119) - A Deep Value Pigments Manufacturer Trading at 0.25x Book That Did a Big Acquisition and Immediately Recorded More than its Market Cap in Bargain Purchase Gain
Nippon Pigment trades at ¥3,110 versus ¥8,522 of NCAV plus investments after booking a bargain-purchase gain larger than its market cap.
Altay Capital - Mostly Value Investing
activism Kinki Sharyo (TYO 7122) - A ¥10 billion Net Net Rolling Stock Manufacturer Trading at 0.3x Book Value and a 64% Discount to NCAV + Rental Real Estate
Kinki Sharyo (TYO 7122), a 105-year-old rolling-stock maker, trades at 0.3x book and 64% below NCAV plus rental real estate, with Effissimo Capital…
Altay Capital - Mostly Value Investing
earnings Tigers Polymers (TYO 4231) - Dirt Cheap Consistently Profitable Japanese Net-Net with Negative EV Trading at 0.3x P/TBV, 7.5x P/E, with U.S. Manufacturing
Tigers Polymers trades at 0.3x tangible book and 7.5x earnings, with 71% of FY2025 Q1–Q3 profits from U.S. operations.
Altay Capital - Mostly Value Investing
cyclical Quality business near a cyclical low
A quality business stands to benefit from extended Section 232 steel-derivative tariffs and a housing rebound.
Nat Stewart - Stock Picking Newsletter CDLR long 2026-04-27 equities Cadeler A/S
Cadeler (CDLR) is the world’s largest pure-play owner-operator of wind turbine installation vessels, listed in Oslo and on the NYSE.
Value Investors Club