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TM - Dentsu Group: Crumbling Ivory Tower With High-Risk Premium
July, 14 2021 09:40 AM
Toyota Motor Corporation
Dentsu is a Japanese advertising agency with top domestic market share and sizable global footprint. The company rates very poorly under ESG with too many high profile controversies since 2015. Other problems include unsuccessful M&A and indebtedness. Although these negatives should be priced in, valuations are not cheap enough to buy. We are neutral on the shares. For further details see:
Dentsu Group: Crumbling Ivory Tower With High-Risk Premium
Stock Information
Company Name:
Toyota Motor Corporation
Stock Symbol:
TM
Market:
NYSE
Website:
global.toyota
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