Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Forside Co., Ltd. functions as an investment holding company with diverse operations across several sectors. Its activities encompass the design, production, and sale of prizes specifically for amusement machines, including popular crane games. The company also provides real estate services, such as rental guarantees and comprehensive property administration. Furthermore, Forside manages mobibook, its dedicated e-book distribution platform, and engages in the event business by exhibiting and selling various content at large commercial venues throughout different regions. The firm, headquartered in Tokyo, Japan, was established in 2000 and was known as SmartEbook.com Co., Ltd. until its name was changed to Forside Co., Ltd. in April 2015.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap'