Added to YB: 2023-12-13
Pitch date: 2023-12-03
1978.HK [bullish]
LH Group Limited
-58.59%
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
LH Group Limited, an investment holding company, operates as a full service restaurant company in Hong Kong.
Market Cap
HKD 664.0M
Pitch Price
HKD 0.89
Price Target
0.98 (+165%)
Dividend
9.78%
EV/EBITDA
2.47
P/E
7.54
EV/Sales
0.52
Sector
Hotels, Restaurants and Leisure
Category
dividend
LH Group (1978 HK)
1978.HK: Hong Kong caterer thrives despite challenges; franchised brands like Gyu-Kaku, strong CEO drive success. Margins near 10% post-COVID; 12.8% dividend yield. Net cash offers downside protection; upside from new brands, higher dividends. Founders own 75%, aligning interests.
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