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home / news releases / dkk toa niche defensive market leader with stable gr

HRIBF - DKK TOA: Niche Defensive Market Leader With Stable Growth Opportunities

Horiba Ltd Ord

Summary

  • DKK TOA Corporation is an attractive niche market leader in air and water quality measuring instrumentation, with a dominant market share in Japan.
  • It has growth opportunities via expansion into Asia and decarbonization with increasing demand from renewable energy plants.
  • With a solid balance sheet, the shares look cheap on PBR 0.8x. We rate the shares as a buy.

For further details see:

DKK TOA: Niche Defensive Market Leader With Stable Growth Opportunities
Stock Information
Company Name: Horiba Ltd Ord
Stock Symbol: HRIBF
Market: OTC
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