Risk factor
Considerable default risk
Profitability factor
Greatly undervalued vs peers
About
The Akita Bank, Ltd., established in 1879 and headquartered in Akita, Japan, delivers a comprehensive suite of banking and financial services throughout the country. Its offerings include a diverse range of deposit accounts, such as current, ordinary, savings, and time deposits, in addition to installment savings and deposits at notice. The institution also provides various credit solutions, including loans and credit cards, alongside specialized corporate services like guarantees, leasing, and financial consulting. As of March 31, 2021, its operations were supported by a network comprising 98 branches.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, underpriced on P/