Kioxia Holdings (285A JP) is aiming to raise around US$700m (including over-allocation) from its Japan IPO. In this note, we talk about valuations.
What is covered in the Full Insight:
Introduction to Kioxia IPO
Earnings Forecasts
Thoughts on Valuation
Comparative Peer Analysis
Concluding Thoughts
Boomeranged on Mon, 2 Dec 2024 16:11
At the final price range kioxia still offers enough upside even from the top-end, even after we apply a discount to its valuation versus its listed memory peer set.