bearish
Tryt IPO - Thoughts on Valuation - Even with Optimistics Forecasts, The Firm Isn’t Cheap
500 Views30 Jun 2023 15:08
Tryt Inc (9164 JP) is looking to raise about US$460m in its Japan IPO. In this note, we will discuss our thoughts on valuation.
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, 6-minute read)
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- TRYT Lock-Up - 60% of Outstanding to Be Released, Baring Would Have to Exit Sooner or Later16 Jan 2024
- Tryt IPO Trading - Subscription Rates Mostly Outdid Recent Large Japan Deals21 Jul 2023
- Tryt IPO - Valuation Seems Digestible at the Bottom End, but the Firm Still Needs to Get a Lot Right05 Jul 2023
- Tryt IPO - Peer Comp - One of the Widest Margins Historically, but Has Lagged over the Track Record28 Jun 2023
- Tryt IPO - The Negatives - Margins Have Consistently Narrowed and Gearing Could Cap Growth27 Jun 2023
- Tryt IPO - The Positives - Supportive Macro Backdrop and Has Weathered the Pandemic Well26 Jun 2023
x