Japan Tobacco High Conviction Call: Could Leave 2023 Guidance in the Dust
JT has exceeded expectations, reporting a revenue of ¥764bn (consensus: ¥707.5bn) and an OP of ¥218bn (consensus: ¥178.2bn). Additionally, the...
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Japan Tobacco High Conviction Update: Guidance Has Upside Potential, The Market Is Pass Russia Fears
Just eight months into Russia’s Ukraine invasion, Japan Tobacco’s share price has moved back above the pre-Ukraine invasion level suggesting that...
246 Views
2022 High Conviction - Japan Tobacco: The Comeback Story
With the change in earnings momentum helping JT to surpass the 2016 EBIT, there’s a possibility that JT’s share price could reach ¥4,000 per share...
300 Views
Japan Tobacco High Conviction Call: No Price Hikes This Year, But Profits Poised to Soar
Japan Tobacco is defying the decline in combustible tobacco by capturing market share. They are also gaining ground in heated tobacco. Despite no...
736 Views
Japan Tobacco High Conviction Update: Potential 62% Upside
At ¥4,750 per share, Japan Tobacco's forward EV/OP multiple would be 11.7x, lower than historical levels despite earnings being near cyclical...
666 Views