Sakura Development Co.,Ltd (2539.TW)

Sakura Development Co.,Ltd (2539.TW) — VMCI valuation read

Sakura Development Co.,Ltd (2539.TW) carries a VMCI composite of 63/100, 13 points above the Real Estate sector median of 50. Among mid-cap names, that gap places 2539.TW in the top third on the five-pillar weighting (Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%).

The 2539.TW insider tape has been silent for the past 30 days on Form 4. Where executives neither buy nor sell, the bull and bear cases lean harder on filings cadence and the next earnings line.

**Investor frame.** Value reads 2539.TW trades at 24.0x earnings, 33% above the Real Estate median of 18.0x, which compresses or extends through the 11.0x EV/EBITDA versus a Real Estate 12.0x. Quality: ROIC of 14.0% sits 4.0pp above the Real Estate median (10.0%). Risk: net debt to EBITDA of 3.1x is the binding constraint on the bear case, the line to track on Sakura Development Co.,Ltd's next 10-Q.

2539.TW rose 1.0% over the trailing 7 days, with a -11.6% read on a 30-day basis.