Added to YB: 2024-10-22
Pitch date: 2024-09-30
8919.T [bullish]
KATITAS CO., Ltd.
+80.66%
current return
Author Info
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Company Info
KATITAS CO., Ltd. purchases, remodels, renovates, and sells used homes to individuals and families in Japan.
Market Cap
N/A
Pitch Price
JPY 2.0K
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Real Estate Management and Development
Category
growth
Show full summary:
Longleaf Partners International Fund New Position: KATITAS CO., Ltd.
8919.T: Katitas, Japan's largest home renovator, added to portfolio. 16x scale of nearest rival, 50% cheaper than new houses. 2x inventory turnover, 20%+ ROA/ROE. 4.5% market share with growth potential. 10% CAGR in stagnant market. Bought at low teens P/E due to industry oversupply and tax issues.
Read full article (1 min)