Added to YB: 2026-08-12
Pitch date: 2026-07-17
1161.HK [bullish]
Water Oasis Group Limited
+13.01%
current return
Author Info
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Company Info
Water Oasis Group Limited, together with its subsidiaries, operates beauty service centers in Hong Kong, Macau, and the People's Republic of China.
Market Cap
HKD 898.3M
Pitch Price
HKD 1.23
Price Target
2.10 (+51%)
Dividend
4.55%
EV/EBITDA
0.46
P/E
9.36
EV/Sales
0.14
Sector
Diversified Consumer Services
Category
value
An Under-Appreciated HK Service Provider with 50-100% Upside. - Water Oasis Group Limited
1161.HK: HK beauty service provider down ~45% from '21 peak on tourism outflows to Shenzhen, yet gaining share w/ ~4.6% SSS. NTM P/E ~5.5x, HK$917mm cash, no debt vs $850mm mcap. Prepaid float model, -CCC. Base case re-rate to 8x = ~70% upside; prob-adj ~50%. Catalysts: M&A, MBO, industry recovery.
Read full article (10 min)