Added to YB: 2024-07-19
Pitch date: 2024-07-18
081660.KS [bullish]
Misto Holdings Corp.
-13.67%
current return
Author Info
No bio for this author
Company Info
FILA Holdings Corporation, together with its subsidiaries, engages in the sale of textile products, clothing, footwear, leather products, watches, cosmetics, golf equipment, and other products under the FILA brand name in Korea and internationally.
Market Cap
KRW 2.2T
Pitch Price
KRW 39.2K
Price Target
N/A
Dividend
N/A
Sector
Textiles, Apparel and Luxury Goods
Category
value
TGV Partners Fund thinks FILA Holdings (081660.KS)is Undervalued
FILA Holdings (081660.KS): $1.8B mkt cap, owns 53% of Acushnet ($GOLF) worth $2.2B. Undervalued vs $GOLF stake alone. $200M annual earnings from sports clothing biz not reflected. MBO in 2007 at $400M. Gene Yoon family owns 36%. Transformed from Italian brand to Korean success, major player in China. Risks: 2023 small op loss due to US store restructuring.
Read full article (3 min)