Takeuchi Manufacturing Corp (6432)
Industrials
Are you seeking a secular growth industry that extends beyond the realm of artificial intelligence? While traditionally perceived as cyclical, there are compelling reasons to believe that certain segments within the construction equipment space will experience sustained growth, according to Yuka Marosek. She favours Takeuchi Manufacturing, whose global presence, growing production base and huge TAMs - global urbanisation, coupled with the expansion of the US housing market and a strategic focus on mini excavators, positions it for significant long-term growth. Furthermore, this growth comes with a great value proposition - the company trades at 11x PE and is backed by ROE of 21%.
Edition: 181
- 08 March, 2024