Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Douglas Research Advisory

Equity Bottom-Up

<ul>
<li>Soft World International has an integrated value chain/sizeable moat for its game development, distribution, payments, content, and events in Taiwan. </li>
<li>The company is trading at attractive valuations. It is trading at EV/EBITDA of 3.7x, P/E of 13.4x, and P/B of 1.5x based on recent prices and LTM financials.</li>
<li>Net cash as a percentage of market cap is 79%. The company's dividend yield remained steady at 6% in FY23 and FY24.</li>
</ul>


Soft World International has an integrated value chain/sizeable moat for its game development, distribution, payments, content, and events in Taiwan. 
The company is trading at attractive valuations. It is trading at EV/EBITDA of 3.7x, P/E of 13.4x, and P/B of 1.5x based on recent prices and LTM financials.
Net cash as a percentage of market cap is 79%. The company's dividend yield remained steady at 6% in FY23 and FY24.


Asian Dividend Gems: Soft World Intl (5478 TT)