Added to YB: 2026-03-25
Pitch date: 2026-03-22
2698.HK [neutral]
Softcare Limited
-0.44%
current return
Author Info
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Company Info
Softcare Limited operates as a hygiene product corporation principally engaged in the development, manufacturing, and sales of baby and feminine hygiene products in Africa, Latin America and Central Asia.
Market Cap
N/A
Pitch Price
HKD 29.33
Price Target
N/A
Dividend
2.53%
EV/EBITDA
11.39
P/E
15.26
EV/Sales
N/A
Sector
Personal Care Products
Category
growth
Softcare Limited - $2698.HK
2698.HK (watchlist): Hygiene products (baby diapers, sanitary napkins) across 30+ emerging markets in Africa, Latin America, Central Asia. 2025 rev +24.9%, net profit +27.4% to $121M. 20.3% Africa diaper market share, 15.6% sanitary napkins. 'Made Here, Sold Here' model w/ 9 plants, 66 lines slashes logistics costs 30%→15%. Peru sales +87% YoY. 5.1B diapers sold (+24.7% YoY). Trading 16.75x EV/NI (net of IPO cash). Risk: local currency devaluation vs USD raw material costs. 20% CAGR→$300M profit in 5yr. 2.3% yield, 46% payout. Strong fundamentals but pricey for initial entry.
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