Recruit Holdings [Alternative Data]: Indeed Is Flat Even Before COVID-19 Hits

Recruit Holdings: Likely to Reach Full-Year Guidance but Bad News Could Be on the Way

Recruit Holdings [Alt Data]: Indeed’s Traffic Picks Up, But Weak Hiring Activity Could Hurt Recruit

Recruit Holdings: 4Q Results Could Pass as Decent but Things Could Go South From This Point

Equity Analyst, LightStream Research

Supun Walpola

Equity Analyst

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Equity Bottom-Up

<p>Indeed.com’s (Indeed) and Glassdoor.com’s (Glassdoor) web traffic data for 2Q FY03/21 suggest that Recruit’s HR Technology segment may have recovered from its poor pandemic-hit 1Q. However, we believe Recruit’s potential recovery could be already priced-in.</p>

Indeed.com’s (Indeed) and Glassdoor.com’s (Glassdoor) web traffic data for 2Q FY03/21 suggest that Recruit’s HR Technology segment may have recovered from its poor pandemic-hit 1Q. However, we believe Recruit’s potential recovery could be already priced-in.

Recruit Holdings [Alt Data]: HR-Tech Makes a Swift Recovery but Could Be Already Priced-In