Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Operating a network of jewelry retail outlets across Japan, Verite Co., Ltd. manages brands including Vérité, Maharaja Diamond, Velicia, and Mimikazari. These establishments provide customers with a diverse selection of products, ranging from fine jewelry and gemstones to precious metals, timepieces, and various fashion accessories. Founded in 1936, the company was formerly known as Jewel Verite Ohkubo Co., Ltd. before officially adopting its current name, Verite Co., Ltd., in August 2005. Its corporate headquarters are situated in Yokohama, Japan, and it operates as a subsidiary of Jewel Source Japan Holdings Co. Ltd.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBIT