Sony Group Corporation
SONY
position
long
Lyrical Asset Management
Thesis
Sony is undervalued at around 10x earnings, ex-cash, and is a leader in video games, music rights, and TV/film production. The market misunderstands its business model, viewing it as cyclical when it has transitioned to a recurring, software-driven platform with strong network effects.
Did it work?
inconclusive
confidence: low
While the stock has appreciated significantly by 124.4%, the time elapsed since the pitch is unknown, making it difficult to assess whether this performance aligns with the thesis's expected timeframe. The thesis suggests a long-term value based on a misunderstood business model, which may still need more time to fully play out. Therefore, without knowing the duration since the pitch, the outcome remains uncertain.
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