Risk factor
Considerable default risk
Profitability factor
Greatly overvalued vs peers
About
The Chugoku Bank, Limited, together with its subsidiaries, provides various financial services. The company operates through Banking, Leasing, and Securities segments. It accepts various deposit products, including current, ordinary, savings, time, installment time, nonresident yen, and foreign currency deposits, as well as deposits at notice, deposits for tax payment, and deposits for offshore accounts. The company also offers housing, card, automobile, and student loans. In addition, it provides credit guarantee, credit card, investment management, advisory, financial instruments brokerage, and asset management services. Further, the company engages in the consignment of office work; and installment sale of properties and goods. It operates 5 sub-branch offices, 8 branch-in-branch offices, 2 branch-in-branch sub-branch offices, 1 special sub-branch office, 1 representative office, 1 internet branch. The company was incorporated in 1930 and is headquartered in Okayama, Japan.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBITDA,