Kose Corp
TSE:4922

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Kose Corp
TSE:4922
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Price: 5 665 JPY 1.61% Market Closed
Market Cap: ¥343.2B

P/B

1.1
Current
34%
Cheaper
vs 3-y average of 1.7

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.1
=
Market Cap
¥328.1B
/
Total Equity
¥284.2B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.1
=
Market Cap
¥328.1B
/
Total Equity
¥284.2B

Valuation Scenarios

Kose Corp is trading below its 3-year average

If P/B returns to its 3-Year Average (1.7), the stock would be worth ¥8 535.28 (51% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+103%
Average Upside
56%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.1 ¥5 665
0%
3-Year Average 1.7 ¥8 535.28
+51%
5-Year Average 2.3 ¥11 509.54
+103%
Industry Average 1.6 ¥8 201.37
+45%
Country Average 1.4 ¥7 036.7
+24%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
JP
Kose Corp
TSE:4922
323.3B JPY 1.1 21.4
FR
L'Oreal SA
PAR:OR
199.5B EUR 5.7 32.6
UK
Unilever PLC
LSE:ULVR
92.8B GBP 6.9 11.3
IN
Hindustan Unilever Ltd
NSE:HINDUNILVR
5.4T INR 11.1 37.2
UK
HALEON PLC
LSE:HLN
31.2B GBP 1.9 18.7
US
Estee Lauder Companies Inc
NYSE:EL
27.9B USD 6.9 -156.7
DE
Beiersdorf AG
XETRA:BEI
15.8B EUR 1.8 16.8
JP
Kao Corp
TSE:4452
2.7T JPY 2.5 22.6
IN
Godrej Consumer Products Ltd
NSE:GODREJCP
1.1T INR 9.2 61.3
CA
Relevium Technologies Inc
XTSX:RLV
12.2B CAD -10 713 -4 624.4
IN
Dabur India Ltd
NSE:DABUR
798.4B INR 7.3 43.2
P/E Multiple
Earnings Growth PEG
JP
Kose Corp
TSE:4922
Average P/E: 29.4
21.4
5%
4.3
FR
L'Oreal SA
PAR:OR
32.6
13%
2.5
UK
Unilever PLC
LSE:ULVR
11.3
-6%
N/A
IN
Hindustan Unilever Ltd
NSE:HINDUNILVR
37.2
7%
5.3
UK
HALEON PLC
LSE:HLN
18.7
11%
1.7
US
Estee Lauder Companies Inc
NYSE:EL
Negative Multiple: -156.7 N/A N/A
DE
Beiersdorf AG
XETRA:BEI
16.8
6%
2.8
JP
Kao Corp
TSE:4452
22.6
10%
2.3
IN
Godrej Consumer Products Ltd
NSE:GODREJCP
61.3
18%
3.4
CA
Relevium Technologies Inc
XTSX:RLV
Negative Multiple: -4 624.4 N/A N/A
IN
Dabur India Ltd
NSE:DABUR
43.2
11%
3.9

Market Distribution

In line with most companies in Japan
Percentile
34rd
Based on 5 195 companies
34rd percentile
1.1
Low
0 — 1.1
Typical Range
1.1 — 2.1
High
2.1 —
Distribution Statistics
Japan
Min 0
30th Percentile 1.1
Median 1.4
70th Percentile 2.1
Max 31 732 017.6

Kose Corp
Glance View

Market Cap
343.2B JPY
Industry
Consumer products

In the dynamic landscape of the beauty industry, Kose Corporation stands as a story of innovation and strategic growth, expertly navigating the delicate balance between tradition and modernity. Founded in 1946 by Kozaburo Kobayashi, the Tokyo-based company began as a small family-run operation. Today, it has evolved into a global powerhouse recognized for its passion for cosmetics that blend advanced technology with timeless beauty sensibilities. At the heart of Kose's success lies its strategic investment in research and development, consistently pushing the envelope with unique formulations and new product lines. This commitment to innovation is further enhanced by collaborations with dermatologists and scientists, ensuring that each product promises not only aesthetic appeal but also substantial skin benefits—a blend that has earned the loyalty of discerning consumers. Kose's business model is intricately woven around a portfolio that spans across skincare, makeup, and fragrance markets. Its sales network effectively taps into both domestic and international markets, carving a niche with high-end brands like Decorté and Sekkisei, as well as more accessible lines such as Visée. Distribution channels are another pillar of Kose's operational strategy, comprising both direct sales in department and specialty stores, and a burgeoning e-commerce presence that capitalizes on global retail trends. The company’s nimble approach allows it to cater to diverse consumer profiles, varying from luxury enthusiasts in urban centres to younger demographics seeking quality and affordability. This strategic segmentation not only enhances its market presence but also ensures robust revenue streams, cementing Kose’s status as a formidable player in the ever-evolving beauty domain.

Intrinsic Value
6 148.59 JPY
Undervaluation 8%
Intrinsic Value
Price ¥5 665
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