SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: AsianValueInvestor who wrote (51993)8/5/2013 2:33:59 PM
From: Jurgis Bekepuris   of 78673
 
I am not an expert on Japanese companies, Spekulatius knows more about them, so it would be interesting to hear what he thinks.

However, with a brief look, this does not seem cheap.

TSE page lists ROE 11%, PE 18, PB 1.9. MSN agrees. MSN claims that future PE is 11, but personally I don't use future PEs and I would doubt that number if only single analyst covers the company.

Previously discussed AIT corp has better numbers, though it is not directly comparable.
Spekulatius's mention Treasure Factory also has better numbers.

IMHO, the stock might have been interesting at 4400-4600 level. I think it's not obviously cheap now and would require much more due diligence for investment. Since I am not sure I want to be in Japan macro-wise, I will skip.

Thanks for bringing it to our attention and looking forward for more posts from you.

Disclosure: I have small positions in ASBRF and AITPF.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News