bullish

Tokyo Metro

Tokyo Metro IPO - Will Price at the Top, but Isn’t Particularly Cheap

213 Views07 Oct 2024 17:17
Tokyo Metro (9023 JP)'s shareholders aim to raise up to US$2.4bn in its Japan IPO. In this note, we look at the valuation in the IPO price range.
What is covered in the Full Insight:
  • Introduction to Tokyo Metro IPO
  • Analysis of IPO Valuations
  • Deal Terms Overview
  • Peer Comparison and Earnings Forecast
  • Final Thoughts on Valuation
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Sumeet Singh
Head of Research, IPOs & Placements
Aequitas Research
EquitiesEquity Capital Markets
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