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

Taste Gourmet FY26: Profit Surges 23% YoY, 9% Trailing Dividend Yield, And 37% Of Mkt Cap In Cash

Taste Gourmet (8371 HK) - 5.9x PE, 9.7% Dividend Yield And 34% Of The Mkt Cap In Cash

HK High ROCE - Compounders Hiding in Plain Sight

Taste Gourmet (8371 HK): 6.9x FY26PE, 8.5% Div Yield, 32% Of Mkt Cap In Cash, Improving HK Retail

Taste Gourmet (8371 HK) H1 FY26 Earnings: 6.8x PE with 8.6% Yield, Cash Now 31% of Market Cap

Water Oasis (1161 HK) H1FY26: Service Revenue Growth Inflects And More Cash Gushes In

Water Oasis (1161 HK): Positive Profit Alert, Tailwind From HK Retail Rebound

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

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<li>
<a href="https://www.smartkarma.com/entities/taste-gourmet-group-ltd" target="_blank" data-smartkarma-citation="entities:27339:1" rel="noopener">Taste Gourmet Group (8371 HK)</a> will report its FY26 earnings on the 25th of June. We expect numbers to be broadly in line with our annual estimates. </li>
<li>The stock trades at 6.5x FY26 PE on our numbers, with an 8.5% dividend yield at a 55% payout ratio, and more than 35% of market cap in net cash. </li>
<li>There could be upside to capital allocation in an improving retail environment as cash continues to accumulate on the balance sheet. </li>
</ul>



Taste Gourmet Group (8371 HK) will report its FY26 earnings on the 25th of June. We expect numbers to be broadly in line with our annual estimates. 
The stock trades at 6.5x FY26 PE on our numbers, with an 8.5% dividend yield at a 55% payout ratio, and more than 35% of market cap in net cash. 
There could be upside to capital allocation in an improving retail environment as cash continues to accumulate on the balance sheet. 


Taste Gourmet (8371 HK): 6.5x PE, 8.5% Div Yield/Tailwinds From An Improving HK Retail Environment