Risk factor
Very poor trading liquidity
Profitability factor
Slightly overvalued vs peers
About
Laox Co., Ltd. manages a prominent chain of general duty-free retail outlets across Japan. Beyond this core operation, the company diversifies its activities into several key divisions: inbound tourism, global trade, lifestyle and fashion, and entertainment. Its inbound segment caters to foreign visitors by offering a wide array of goods, including beauty products, household essentials, consumer electronics, and health supplements, while also running an e-commerce platform for domestic Japanese consumers. The global business unit focuses on international e-commerce and foreign trade, alongside maintaining a restaurant directory application specifically designed for travelers. Within the life and fashion sector, Laox produces and distributes women's footwear and gift merchandise, available both in physical boutiques and through online channels. The entertainment division oversees the running of dining establishments and leisure venues, orchestrates cultural events, undertakes the development of commercial properties, manages various events and enterprises within these facilities, and offers comprehensive real estate management services. Established in 1930, the company's headquarters are situated in Tokyo, Japan, and it operates as a subsidiary of Suning.Com Co., Ltd.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV