02-03-2020, 07:28 PM
(This post was last modified: 03-03-2020, 02:15 AM by dreamybear.)
QB Net operates QB House which is probably a familiar sight. It is quite common to see people queuing for haircuts in their outlets throughout the various shopping malls here.
Haircuts(despite the competition) shd be a stable, defensive play and may be attractive if the valuation falls further. I think the difficulty is most of the literature is in Jap.
https://www.reuters.com/companies/6571.T/key-metrics : P/E : 19.4, P/B 2.37, NPM : 6.1, ROE :13.7
Main website(in Jap) : http://www.qbnet.jp/
Research report(Eng ver) : https://sharedresearch.jp/en/6571
Haircuts(despite the competition) shd be a stable, defensive play and may be attractive if the valuation falls further. I think the difficulty is most of the literature is in Jap.
https://www.reuters.com/companies/6571.T/key-metrics : P/E : 19.4, P/B 2.37, NPM : 6.1, ROE :13.7
Main website(in Jap) : http://www.qbnet.jp/
Research report(Eng ver) : https://sharedresearch.jp/en/6571