Professional
Added to YB: 2024-03-20
Pitch date: 2024-03-18
3038.T [bullish]
Kobe Bussan Co., Ltd.
-26.56%
current return
Author Info
Sweet Stocks is a former portfolio manager at an international small cap fund who shares pitches for international equities. Sign up for his blog.
Company Info
Kobe Bussan Co., Ltd. primarily engages in the manufacture, wholesale, and retail food products, and franchise supermarket chain in Japan.
Market Cap
JPY 619.7B
Pitch Price
JPY 3.8K
Price Target
N/A
Dividend
1.24%
EV/EBITDA
10.56
P/E
18.26
EV/Sales
0.90
Sector
Consumer Staples Distribution and Retail
Category
growth
Kobe Bussan – Hard Discount Winner
Kobe Bussan (3038.T): Japan's Aldi, runs Gyomu Super hard discount supermarkets. 35x P/E but poised to double earnings every 6 yrs for decades. Margin upside from scale & private label mix (65-70% vs street's 35% view). 1050 stores, 1500+ target. Franchise model enables fast growth.
Read full article (15 min)