CHCLY - Citizen Watch Company: An Overlooked Japanese Manufacturer
Investment Thesis
Citizen Watch Company (CHCLY) is an innovative company which sells a wide variety of popular products to both businesses and consumers. It has an extremely healthy balance sheet and great potential for future earnings growth. In spite of this, it is available in the market for considerably less than its book value and at a rather low earnings multiple relative to the wider market. It should, therefore, be considered an excellent long-term value investment opportunity.
A Long History In Watches
Citizen Watch Company began its operations in 1918 as the Shokosha