Morinaga Milk (2264 JP)'s Overseas Expansion

296 Views15 Feb 2023 13:53
Even assuming the overseas business was at 13% today, then adjusting for a superior blended op margin, I estimate Moringa is trading at ~11.6x, or ~8-% below its five-year average.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 5-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Top 5%
David Blennerhassett
Pan-Asia Catalysts/Events
Quiddity Advisors
EquitiesEvent-Driven
Price Chart(Sign Up to Access)
analytics-chart
  • Morinaga Milk (2264 JP)'s Overseas Expansion
    15 Feb 2023
x