Risk factor
Low price volatility
Profitability factor
Strong margins and returns
About
Tokyotokeiba Co., Ltd. is primarily involved in leasing facilities for horse racing throughout Japan. The company's diverse activities also encompass the rental of automobile racetracks, the operation of an amusement park, and providing warehouse and commercial property leasing. Beyond property management, they offer construction supervision, maintain air conditioning systems, and oversee the management and operation of shopping malls and office buildings. Additionally, Tokyotokeiba runs restaurants and manages parking areas. The company was established in 1949 and is headquartered in Tokyo, Japan.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITD.
Target Price
The average target price of 9672.T is 6200 and suggests 26.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in