Professional
Added to YB: 2024-03-20
Pitch date: 2024-03-18
3038.T [bullish]
Kobe Bussan Co., Ltd.
-4.2%
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 operation, management, and franchising of retail stores in Japan.
Market Cap
JPY 761.2B
Pitch Price
JPY 3.8K
Price Target
N/A
Dividend
N/A
EV/EBITDA
18.76
P/E
31.00
EV/Sales
1.50
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)