Undervalued stocks in Japan and England with Ben Beneche, co-founder Tourbillon Partners

Undervalued stocks in Japan and England with Ben Beneche, co-founder Tourbillon Partners | S06 E40 – The Acquirers Podcast

Mentioned

Bullish

ADMIRAL— Admiral is the largest P&C auto-focused insurer in the UK with a 14-15% market share. It's described as a wonderful business with strong capital efficiency and an attractive dividend policy.
HOWDENJOINERY— Howden Joinery is described as the 'Home Depot of the UK' for B2B kitchen sales, with a 30% market share in the UK kitchen market. The company has a strong business model and potential for expansion.
COSMO— Cosmos Pharmaceutical is expanding into new parts of Japan, moving from Kyushu to Tokyo. This expansion has temporarily impacted margins, which have decreased from 4.5% to 3.5%, but suggests potential for future growth.
GENKI— Genki Drug Stores demonstrates strong financial performance with 20% gross profit margins and 5% EBIT, outperforming competitors in Japan by significant margins.
UKSMALLCAP— UK small-cap stocks are viewed as appealing due to attractive valuations and a well-understood legal environment, making them a favorable market for investment.
JAPANSMALLCAP— Japanese small-cap stocks, represented by the Mother's Index, have significantly underperformed the Nikkei, potentially creating value opportunities in this market segment.

Not investment advice.