Added to YB: 2024-04-15
Pitch date: 2024-04-14
1161.HK [bullish]
Water Oasis Group Limited
-28.11%
current return
Author Info
Oriental Value is a value investor focused on small and mid-cap stocks in Asia. Sign up for the newsletter.
Company Info
Water Oasis Group Limited, together with its subsidiaries, operates beauty services centers in Hong Kong, Macau, and the People's Republic of China.
Market Cap
N/A
Pitch Price
HKD 1.28
Price Target
3.16 (+244%)
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Diversified Consumer Services
Category
value
Water Oasis - $1161.HK
Water Oasis (1161.HK): HK beauty co founded in '98, 84% rev from services. 64 centers (58 in HK), ~HK$12M/center. Product sales less profitable but synergistic. 2nd gen mgmt, 69% family owned, pays out excess cash. Acq'd Millistrong in '21. Trades at 10% div yield, 31% IRR potential.
Read full article (8 min)