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Fat Pitch Value: Medical net, Japan compounder

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Emerging Value
Apr 21, 2023
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Medical net, 3645, is a Japanese company, a small cap reporting in Japanese only.

It is a very fast growing medical tech company trading at a normalised PE under 10 (2022). Due to heavy investments (increase in personnel expenses for the strengthening of recruitment for business expansion), the PE is dropping to 15 for the year ending may 2023. What is u…

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