Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
RIDE ON EXPRESS HOLDINGS Co., Ltd. is a Japanese corporation specializing in the home delivery of various food items. The company offers sushi through its popular "Gin no Sara" and "Sushi Jojo!" brands, alongside complete rice bowl meals, accompanied by condiments, soups, and pickles, under the "Kamadon" brand. Furthermore, it operates "Fine Dine," a service functioning as a delivery agency. Established in 2001, the entity, formerly known as RIDE ON EXPRESS Co., Ltd., adopted its current name, RIDE ON EXPRESS HOLDINGS Co., Ltd., in October 2017. Its primary corporate offices are located in Tokyo, Japan.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on EV/EBITD.