Thanks for posting this! I went a step further to see if it is worth owning shares. Using my simply wall st subscription I found out the company operates Uniqlo is called Fast Retailing company that trades under the ticker (FRCOY) on Japanese stock exchange.

A quick glance at its valuation and growth potential turns me way from owning shares in this company.

They are trading at a PE of 37 which means I am paying $37 today to access $1 of profit they earn. Extremely pricey I think.

Next they are only projected to grow 8% which means they aren’t going to grow fast enough to justify the overpayment of owning the stock today.

But if I were to buy this stock it will be because they have an amazing balance sheet. NO DEBT whatsoever!

And they pay a tiny dividend so you are still getting some return on your investment even if they don’t grow to justify their current PE

While I do love the brand I don’t have a strong desire to own part of the company. It appears the investors have already pilled but shockingly insiders still own almost 40% of the shares!

Which could mean diamond hands that hold this stock for generations to come. Or they are just waiting for more exit liquidity and waiting for guys like me to pump their bags.