Added to YB: 2024-10-09
Pitch date: 2024-10-07
7350.T [bullish]
Okinawa Financial Group, Inc.
+199.77%
current return
Author Info
Cluseau Research seeks to exploit these two edges by identifying special situations that provide a compelling risk-to-reward that are “off limits” to traditional Institutional Investors. Sign up for the newsletter.
Company Info
Okinawa Financial Group, Inc. provides various financial services. The company offers banking, general leasing, credit card, securities, guarantee, agency, debt management and collection, and computer related services.
Market Cap
JPY 50.4B
Pitch Price
JPY 2.2K
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
7.84
EV/Sales
N/A
Sector
Banks
Category
value
Okinawa Financial Group (7350.T): Deep Discount to Tangible Book Value Offers Opportunity
7350.T: P/E ~7, growing balance sheet & deposits, rising rate exposure. 2400 yen vs 7200 tangible BV. 10% share cancellation/3yrs, 3% div. At 35% of tangible BV, potential for aggressive buybacks to close valuation gap. Not cross-holding run. Cheaper than aggressive buyback banks like Mebuki & Yamaguchi.
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