Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

A buy-side analyst with over 18 years of experience investing in Asian markets and specializing in the mid-small cap space, emphasizing value investing in companies with good free cash flows/dividends and long-term holding horizons. 
Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd. It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity, Bottom-up Analyst

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Investics Research

It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity Bottom-up Research

Equity Bottom-Up

Eva Precision Industrial Holdings / Equity Bottom-Up

Eva Precision Industrial Holdings (838 HK)

<ul>
<li>Post a 40% correction, <a href="https://www.smartkarma.com/entities/eva-precision-industrial-holdings-ltd" target="_blank" data-smartkarma-citation="entities:17511:1" rel="noopener">Eva Precision Industrial Holdings (838 HK)</a> is now at a PE of 9x/5.8x FY22/23e with a dividend yield of 3.0/5.1% FY22/23e (assuming a 30% payout ratio).</li>
<li>The company has resumed buybacks since the 13th of October, purchasing 1.43 mn shares (0.08% of outstanding shares) over four trading sessions. We see this trend continue for two weeks.</li>
<li>Catalysts here would come from solid earnings releases, strong order book-related announcements, and a potential to unlock value from the business. </li>
</ul>


Post a 40% correction, Eva Precision Industrial Holdings (838 HK) is now at a PE of 9x/5.8x FY22/23e with a dividend yield of 3.0/5.1% FY22/23e (assuming a 30% payout ratio).
The company has resumed buybacks since the 13th of October, purchasing 1.43 mn shares (0.08% of outstanding shares) over four trading sessions. We see this trend continue for two weeks.
Catalysts here would come from solid earnings releases, strong order book-related announcements, and a potential to unlock value from the business. 


EVA Precision: Catalysts Galore, Lots to Look Forward to in FY23