Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

A buy-side analyst with over 15 years of experience investing in Asian markets and specializing in the mid-small cap space, emphasizing value investing in companies with good free cash flows/dividends and long-term holding horizons. 
Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd. It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity, Bottom-up Analyst

Shortlist of High Conviction Philippines Equity Ideas

The Week That Was in ASEAN@Smartkarma - Astra Intl, ACES, and Multi Bintang

GSMI PM/PLUS PM: Solid Growth in Q2 2024, >30% ROCE, Net Cash, >5% Div Yield

Keepers Holdings FY23 Concall Highlights: Premiumization Growth Trajectory to Continue

Keepers Holdings Concall Highlights: Soft Q3 2023, Build Up to Seasonally High Q4

Keepers Holdings (KEEPR PM) FY23: 30% YoY, Net Cash, Growth 6.8x PE, And A 7.6% Dividend Yield

Investics Research

It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity Bottom-up Research

Equity Bottom-Up

<ul>
<li>Keepers Holdings (KEEPR PM) declared a strong result for Q1 FY24, with 16% revenue growth and 44% YoY profit growth, driven by 19% volume growth. </li>
<li>The company maintained its OPM of 19%, and earnings contributions from Bodegas W&amp;H started to kick in for Q1 2024, contributing to its net profit margin of 18% (vs.14.5% Q1FY23). </li>
<li>Trading at 7.2x FY24 PE, with a trailing dividend yield of 6.5% on the recently declared 10-cent dividend for FY23 and a consistent 20% ROE, we love the name. </li>
</ul>


Keepers Holdings (KEEPR PM) declared a strong result for Q1 FY24, with 16% revenue growth and 44% YoY profit growth, driven by 19% volume growth. 
The company maintained its OPM of 19%, and earnings contributions from Bodegas W&amp;H started to kick in for Q1 2024, contributing to its net profit margin of 18% (vs.14.5% Q1FY23). 
Trading at 7.2x FY24 PE, with a trailing dividend yield of 6.5% on the recently declared 10-cent dividend for FY23 and a consistent 20% ROE, we love the name. 


Keepers Holdings Q1 FY24 Concall: Solid Results 7.2x PE FY24e, 6.5% Yield and Mid Teens CAGR Growth

The Keepers Holdings

Keepers Holdings Q1 FY24 Concall: Solid Results 7.2x PE FY24e, 6.5% Yield and Mid Teens CAGR Growth