🇯🇵 Kioxia Is Now Japan’s Most Profitable Company. Q2 Earnings Align With TOPIX Rebalancing ($18.9B Inflows and Ongoing Passive Investments).
Kioxia Market Cap: $172 Billion
Full Year Revenue Guidance: $60-$65 Billion
Forward PE: Near 3x
In my opinion, Kioxia is the most undervalued company in the world right now.
Yeah I had to sneak in Kioxia’s World Record from last year. I learned so much about this company in these past few months.
AI is starting to solve all the Math & Physics Problems already but we are still at the early stages of the infrastructure buildout. Can you imagine what may happen few years from now?
Q2 Earnings and TOPIX Rebalancing will happen on the same day. I think Kioxia moved the earnings date from November 5-6 to October 30.
The company must be very excited to tell us the results. More share buybacks are expected to come. I am not selling at this historic moment and price action. Not a financial advice.