JX Advanced Metals (5016 JP)’s parent, ENEOS Holdings (5020 JP), is looking to raise around US$2.6bn in its Japan IPO. In this note, we talk about valuations.
What is covered in the Full Insight:
Introduction to JXAM and IPO Overview
Industry Outlook and Market Trends
JXAM's Mid-term Plans and Production Expansion
Earnings Forecast and Growth Assumptions
Valuation Thoughts and Peer Comparison
SUMMARY
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